18 Februari 2011
Singapore's Victory class corvettes (photo : Brett Turner)
SINGAPORE : Singapore, which has one of Asia's best-equipped militaries, has raised its national defence budget by 5.4 per cent this year, government data showed on Friday.
The government plans to spend S$12.08 billion (US$9.5 billion) on defence in the 2011 fiscal year, up from S$11.46 billion the year before.
Singapore's navy, army and air force will get S$11.53 billion to buy and maintain military equipment, for the upkeep of camps and for payment of salaries.
The city-state currently has a population of more than five million, a quarter of whom are foreigners.
Singapore's economy grew 14.5 percent in 2010, the fastest in Asia.
The defence budget is about five per cent of gross domestic product.
Tidak ada komentar:
Posting Komentar