South Korea says North Korea publicly available data the actual defense spending more than 13 to 15 times
Data for: Korean army equipped with the “Valley Hill” 170-mm self-propelled artillery
Global Network reporter Chang reported Yonhap reported January 18, Korea Institute for Defense (KIDA ) 18 release of “2010 defense budget analysis and evaluation report and 2011 outlook ‘that North Korea’s actual defense spending more than North Korea officially announced more than 13 to 15 times the national defense.
According to reports, the report said, although since the 1990s North Korea has experienced severe economic crisis, economy into negative growth, but increase its funding for national defense, and even showed a continuous increase. As of 2003, according to purchasing power parity adjusted by the Korean currency (16.5 Asamoto/USD), is North Korea’s defense spending to reach $ 8.77 billion, compared with the official release of the Korean defense budget (5.7 billion U.S. dollars) more than 15 times.
In addition, the Korea International Institute for Strategic Studies (IISS) said that, as speculated by the Korean Institute of purchasing power parity exchange rate (9.89 Asamoto/dollar) terms, the Korean defense spending reached $ 7.71 billion, compared with North Korea’s official Statistics more than 13 times.
Korea Institute for Defense Analysis, said North Korea to increase defense spending mainly used to enhance the Army’s rapid mobility and combined operational capabilities, improved long-range firepower delivery capability, and continuous improvement “weapons of mass destruction,” the ability .