Singapore's Defense Budget Climbs 5.7 Percent

The DiplomatSingapore's Defense Budget Climbs 5.7 PercentThe DiplomatSingapore's defense budget will increase by 5.7 percent in nominal terms to $9.5 billion for fiscal year (FY) 2015, according to numbers published by the Singaporean Ministry of Finance (MOF) this week. In addition, IHS Jane's Defence Weekly reports ...