  Analysis Seoul’s ambitious five-year defense plan confronts difficult financial realitiesSouth Korea wants to invest staggering $268B to bolster military, but there are already signs of budgetary strain  South Korea’s new five-year defense plan allocates a staggering $268 billion (348.7 trillion won) for defense spending in an ambitious bid to bolster defense readiness. But only two weeks after its introduction, the plan’s feasibility is already in doubt. © Korea Risk Group. All rights reserved. Get the Daily Briefing Start your day with
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December 26, 2024
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