The Ministry of National Defense said Tuesday that it was seeking a 5 percent increase in its budget for next year, with most of the 52.9 trillion won ($44.72 billion) total linked to personnel training and maintenance.
The ministry said it planned to use $29.5 billion, or about 63 percent of the total, for personnel training and facilities maintenance, with $16.9 billion allocated for personnel training and $12.6 billion for facilities maintenance. That would mark the highest on-year growth in a decade, 7.1 percent.
Personnel training includes familiarizing service members with next-generation warfare tactics based on augmented and virtual reality settings, while military bases would introduce the latest technologies for operations.
Korea; MND seeks US$44.72 B. budget for 2021