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N. Korea military budget accounts for 16 pct of total outlays this year
SEOUL, April 2 (Yonhap) -- North Korea is expected to spend 16 percent of its budget on national defense in 2013, up 0.2 percentage point from the year before, the country's state media said Tuesday.

According to the Rodong Sinmun, an organ of the North's ruling Workers' Party, Finance Minister Choe Kwang-jin reported to a meeting of the Supreme People's Assembly in Pyongyang on Monday that the money is needed to effectively cope with "indiscriminate" provocations by the United States and its followers.





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