The basic unit of the won is the won. What is the monetary unit in Korea? Chinese characters are written as "yuan" or "yuan", and pinyin means "win" (? )。 Sometimes the old name "Ba" (? The international organization for standardization ISO42 17 defines its standard code as KRW.
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According to the plan announced by the Ministry of National Defense, South Korea plans to spend a total of 270.7 trillion won (65,438+0 won is about 0.0009 US dollars) on national defense between 2065,438+09 and 265,438+0.9 trillion won for equipment construction and research and development of high-tech weapon systems and related technologies. The plan still needs to be reviewed by the Ministry of Planning and Finance and approved by the National Assembly.
According to the plan, South Korea's defense expenditure in the next five years will be 46.7 trillion, 50.3 trillion, 54. 1 trillion, 57.8 trillion and 6 10.8 trillion won respectively, with an average annual growth rate of 7.5%, exceeding the average annual growth rate of 4.9% in the past10 year.
The Ministry of National Defense said that it plans to increase the expenditure on defense equipment construction in the next five years, with an average annual growth rate of 10.8%, and the proportion of expenditure in this field in the entire defense budget will increase from 32.9% this year to 36.5% in 2023. At the same time, the proportion of purchasing domestic equipment will increase from 72% this year to 80% to stimulate the domestic military industry.
People's Daily Online -20 19 Expenditure Plan to 2023