Introduced the F-35A stealth fighter for 5 years of 315.2 trillion won, built a medium-sized submarine for precision strike, and turned the laser satellite tracker and radar space monitoring system into power for the military-exclusive reconnaissance satellite. An armament reinforcement plan for entering the space force to develop a Korean-style satellite navigation system (KPS) has been confirmed.
The '22-26 Mid-Term Defense Plan' announced by the Ministry of National Defense on the 2nd is 106.7 trillion won in defense capability improvement costs and 208.5 trillion won in power operation costs due to the introduction of the 'military satellite communication system'.
At the International Maritime Symposium, on the theme of 'Changes in the maritime security environment in the Indo-Pacific region and the direction of response,' Professor Min-Kyo Koo (Seoul National University) said, "Considering Korea's economic power and shipbuilding capabilities, the development of aircraft carriers is delayed, but the introduction of light aircraft carriers currently in progress. The business will be a godsend,” he said.
Prior to the Busan Symposium, reporters unveiled the British aircraft carrier in the sea off Pohang by helicopter on the 31st of last month, the media said, "The mounted F-35B stealth fighter started to glide from the flight deck, emitted a roar, and took off quickly in 5 seconds." reported on the British aircraft carrier Queen Elizabeth (65,000 tons), which had undergone joint training with the Korean Navy as a model of a light aircraft carrier.
On the 29th of last month, the JoongAng Ilbo said, "Korea-type nuclear-powered submarines (nuclear submarines) are slowly appearing. Early this year, the operational required performance (ROC) of nuclear submarines was confirmed." ” reported.
The Asahi Shimbun, Japan's Asahi Shimbun, said on the 1st, "It was about a third of Japan 20 years ago, but it is increasing at a rate that surpasses that of Japan. It is more than 2% of GDP.”
The Asahi Shimbun reported that South Korea's defense budget will increase by 4.5% next year to 55.22 trillion won (5.25 trillion yen), which is on par with Japan's defense budget for fiscal 2021 (5.34 trillion yen). It is reported that the annual growth rate is 37%.”
South Korea's national debt is an increase of 388 trillion won over three years from 680.5 trillion won in December 2018 to 1068.3 trillion won in the 2022 budget this year.
The national debt-to-GDP ratio jumped 14% over the past four years from 36% in 2017 to 50.2% next year.
Japan's nominal GDP in 2022 is 567 trillion yen, and defense spending accounts for 0.96%.
President Moon Jae-in and North Korean leader Kim Jong-un announced disarmament by signing an agreement in April 2018, saying that they “confirmed a common goal” on the “realization of phased disarmament” with the Panmunjom Declaration.