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INDONESIA FASTEST INCREASE DEFENSE BUDGET #52540565
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The inaugural flight ceremony of Indonesia's new jet trainer fighter plane Lockheed Martin/KAI T-50 Golden Eagle at Adisumarmo Airbase, Solo, Java, Indonesia. A report by IHS Aerospace, Defense and Security in May said Indonesia's defense spending would rise at the fastest pace in the Asia-Pacific region over the next five years. It will increase by 17 per cent this year to 97.4 trillion rupiah (S$9.74 billion) and is expected to grow 14 per cent annually until the end of the decade, it added.
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