Seoul government cuts budget for missile program for 2014
Seoul - Yonhap
South Korea has curtailed its budget for beefing up the country's missile program against North Korea's nuclear and missile weapons for fiscal year 2014, a budget proposal showed Sunday. According to the budget plan submitted by the finance ministry to the National Assembly, the government has set aside some 1.19 trillion won (US$1.11 billion) to be used for building an independent, low-tier missile shield called the Korea Air and Missile Defense (KAMD), and establishing a pre-emptive missile destruction system, the so-called "Kill Chain" for next year
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