Taiwan proposes a record $35B defense budget for 2027 as China’s military pressure grows
The plan would lift defense spending 18% as Taiwan expands drones and missile funding amid rising pressure from China.
- On Thursday, the Taiwan Cabinet approved a 2027 defense budget proposal allocating NT$1.1225 trillion for national defense, equivalent to 3.01 percent of gross domestic product.
- Heightened military pressure from China, which regularly sends warplanes and warships near Taiwan, prompted the increase. President Lai Ching-te stated that investing in national defense is an investment in peace.
- The plan allocates NT$691.9 billion to the Ministry of National Defense, with NT$103.8 billion for military pensions and NT$47.9 billion for the Coast Guard Administration, per the Directorate-General of Budget, Accounting and Statistics .
- Review of the proposal begins in the opposition-controlled Legislative Yuan by month's end, though the process may encounter challenges. Lawmakers will assess the government's spending strategy.
- Lai aims to maintain defense spending above 3 percent of GDP while gradually increasing it to 5 percent by 2030, using a planning model that mirrors North Atlantic Treaty Organization standards.
52 Articles
52 Articles
(Taipei=Yonhap News) Correspondent Kim Cheol-mun = Amid escalating military tensions surrounding the Taiwan Strait, Taiwan has set next year's defense budget at a record high of 1.1225 trillion...
Taiwan Has Increased Its Defense Budget to a Record High of 1.12 Trillion Taiwanese Dollars by 2027.
Taiwan has proposed increasing its defense budget by 2027 to a record high of 1.12 trillion Taiwan dollars (approximately 1.16 trillion baht) amid military pressure from China.
Taiwan Proposes $35 Billion in Defense Spending as Drone Funding Fight Continues
The Taiwanese Cabinet on Aug. 20 proposed about $35.2 billion in defense spending for 2027, including a 23 percent increase for the military, as lawmakers continued to fight over how to fund thousands of drones and unmanned boats. The $35.2 billion total covers the Defense Ministry, Coast Guard, military retirement payments, special defense programs, and other defense accounts. The Defense Ministry itself would receive about $21.7 billion, up 23…
On Thursday (August 20), the Taiwanese government proposed a record-high defense budget, allocating over NT$1 trillion (approximately US$35 billion) next year to enhance its defense capabilities. This move is seen as a demonstration to the international community—especially Beijing and Washington—of Taiwan's determination to strengthen its self-defense.
Taiwan Plans Record High Defense Spending
Taiwan's government on Thursday proposed an 18% rise in defense spending for next year, including for drones and missiles, taking it above T$1 trillion ($31.41 billion) for the first time as Taipei bolsters its military to ward off China.The budget details come as Beijing…
The Daily Caller
Taiwan Unveils Record Defense Budget As China Threat Grows
Taiwan is breaking open its piggy bank with record defense spending to prepare for a possible war with China.
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