Archived from the original on 3 March 2005 25 May 2018. Ministry of Defence (Singapore) "MINDEF/SAF Organisation". Connected to the rise in defence spending is an increase in a procurement of armaments. Singapore also has the highest defense Operating Expenditure The revised operating expenditure of $14.24 billion is an increase of $656.20 million or 4.8% over the actual FY2017 What’s behind Southeast Asia’s high military spending? "Singapore need not increase its defence spending radically to play catch-up (because of steady investments into defence made over the last few decades)," said Dr Ng. Unveiling the Budget for 2018, Mr Heng said the government expects to spend more on healthcare. "Singapore Ministry of Defence". Over the last 15 years, the total defence spending of Southeast Asian countries has doubled in absolute terms, with Thailand and Indonesia becoming witness to military expenditure growth rates of 10% on a year-by-year basis. Ministry of Defence (Singapore) "Singapore Budget 2018". Singapore Budget 2019: 30 per cent of total spending set aside for defence, security and diplomacy efforts. Author: Shang-su Wu, RSIS. Economic growth, territorial disputes and long-sought military modernizations there propelled a 52% increase in defense spending over the last decade to $392 billion in 2018… Finance Minister Heng Swee Keat said the Government will invest more, if … 2 min read . Joining global efforts Apart from investing in security at home, Singapore's defence forces will continue to be involved in international efforts to defeat terrorism at its source. SINGAPORE will put aside some S$10.2 billion for healthcare expenditure, S$20 billion for infrastructure and S$12.8 billion for education this year, Finance Minister Heng Swee Keat said on Monday. They increased their defense budget from 1997 to 1998 not only in real terms but also as a proportion of GDP.14 In 1998, the US $4.3B defense budget was the largest in ASEAN. Ministry of Finance (Singapore) "Singapore Key Stats". Singapore Department of Statistics. This year's military budget, $14.76 billion, makes up 18% of Singapore's annual budget. Total global military spending rose 2.6% to $1.8 trillion in 2018, according to new data published by the Stockholm International Peace Research Institute (SIPRI). 0. by Khan Osman Sulaiman. Southeast Asian countries’ historically high defence budgets are the sum of various national considerations: financial self-sufficiency, territorial control, expansion of capabilities, peacetime missions and the development of the local defence industry. The largest relative increases in military spending between 2008 and 2017 were made by Cambodia (332 per cent), Bangladesh (123 per cent), Indonesia (122 per cent) and China (110 per cent). But Singapore's military does have a a big problem — geography. 23 February 2018. in Letters. Of course, we are not talking about doing away with defence spending but whether it is justified or just fear mongering from the government? The strength of Singapore’s economy has permitted the defense budget to increase every year throughout the decade of the 1990’s. FY2018 BUDGET The total expenditure of the Ministry of Defence (MINDEF) in FY2018 is projected to be $14.76 billion, an increase of $586.49 million or 4.1% over the actual FY2017 expenditure of $14.18 billion.

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