1 week ago

Taiwan Proposes Record Defence Budget as China Pressure Grows

Taiwan Proposes Record Defence Budget as China Pressure Grows
Taiwan proposes record USD $35 billion defence budget as China military pressure grows · firstpost.com

Taiwan wants to spend more money on its military next year.

The proposed budget would be about $35 billion, the largest Taiwan has ever planned.

Taiwan says this is needed because China regularly sends military aircraft and ships near the island.

China says Taiwan is part of its territory and has not ruled out using force.

Taiwan’s president says stronger defence can help protect peace.

The United States has also urged Taiwan to spend more on defence.

Taiwan recently expanded military exercises to practise responding to a possible attack.

The proposed budget still needs approval from Taiwan’s legislature.

Key facts

Proposed budget
1.12 trillion Taiwan dollars, approximately $35 billion
Share of GDP
More than 3% of estimated GDP
Year-on-year increase
18% from last year’s proposed budget
Long-term target
President Lai Ching-te has pledged to reach 5% of GDP in defence spending by 2030
Legislative process
The proposal will be sent to Taiwan’s opposition-controlled legislature for review before late August
Recent budget delay
Taiwan’s 2026 central government budget was passed after a record 266-day delay
Military exercises
Taiwan recently intensified its annual Han Kuang drills, including more reservists and civilians

Quotes

Donald Trump

45th President of the United States

“"Very good negotiating chip."”
firstpost.com

Sources

Related news