Taiwan's Cabinet Proposes 16% Annual Defense Spending Rise for 2027

Taiwan's Cabinet is set to propose a 16% annual increase in defense spending for 2027, which would exceed 1 trillion new Taiwan dollars for the first time, as Taipei continues to bolster its military amidst escalating pressure from China.

9 Aug, 13:25 — 9 Aug, 13:25

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cbcHigh4d ago

Taiwan's cabinet to propose 16% annual rise in defence spending as Taipei bolsters its military

‌Taiwan's cabinet will propose a 16 per cent annual rise in defence spending for 2027, which would for the first time exceed $1 trillion in Taiwanese money ($43.3 billion Cdn), the official Central News Agency reported on Sunday.

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Taiwan's Cabinet Proposes 16% Annual Defense Spending Rise for 2027

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Taiwan's cabinet to propose 16% annual rise in defence spending as Taipei bolsters its military

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