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USFK sitting on W600b Seoul-contributed funds: data

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Published : 2014-04-03 20:23
Updated : 2014-04-03 20:23

The U.S. forces stationed here had an unused, Seoul-contributed defense fund of more than 600 billion won ($567 million) as of January, though the amounted declined from five months earlier, government data showed Thursday.

The unspent defense cost for United States Forces Korea came to 621 billion won as of the end of January, down some 90 billion won from the end of August in 2013, according to the data by the foreign ministry.

The amount of unspent fund at end-January accounted for about 77 percent of what the South Korean government has earmarked for this year’s annual defense sharing funds intended for USFK. (Yonhap)

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