“The government’s proposal is aimed at strengthening not only South Korean military defense capabilities, but also at strengthening its competence against rising non-traditional security challenges including infectious diseases and acts of terror.”
The defense ministry says it will set aside some 14.three-billion dollars for arms purchases and projects to boost defense capabilities.
It will also earmark some 30-billion dollars for operational costs the highest on-year growth in a decade of seven.one-percent.
In order to better deal with North Korea’s nuclear program and weapons of mass destruction the ministry has allocated nearly four.nine-billion dollars.
Some 762-million dollars are annexed for the development of domestically produced fighter jets, the KF-X project while nearly 442-million dollars are set aside for the development of a three,ton next-generation submarine.
A total of 80.seven-million dollars is being appropriated to better prepare for COVID-19 and other infectious diseases, such as procuring face masks, medical equipment and setting up facilities for virtual meetings.
The ministry also plans to boost the welfare of service personnel a vital part of its “Defense Reform 2.oh” scheme.
For instance, the monthly wage for rank-and-file service members is to increase 12-and-a-half percent next year from the previous year.
With the increase, an army sergeant, for example, will receive five-hundred-11 dollars a month starting next year.
Kim Ji-yeon, Arirang News.