Increased funding for a defense system against North Korean threats

According to North Korea's increasing missile and nuclear threats, the South Korean Defense Ministry has requested a rise in spending on developing a domestic three-axis defense system of 9.4%, but has left out of the budget a contentious plan to locally construct a light aircraft carrier.

According to the Defense Ministry Cabinet ministry announced the whole budget for defense for 2023 was set to raise by 4.6% annually around 57....