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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.
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26 Articles
26 Articles
Taiwanese President Lai Ching-te has set himself the goal of keeping the military budget above 3% of GDP and gradually raising that proportion to 5% by 2030.
·Madrid, Spain
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Associated Press News+8 Reposted by 8 other sources
Taiwan proposes a record $35B defense budget for 2027 as China’s military pressure grows
Taiwan ‘s government on Thursday proposed a record-high defense budget of 1.12 trillion Taiwan dollars ($35 billion) for next year, signaling intensifying efforts to deter China’s military threats.
·New York, United States
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The Taiwanese government's budget proposal is forecast to exceed 3% of GDP next year, reaching a record value of around €32.8 billion, with additional funds for drones and missiles.
·Lisboa, Portugal
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In Taiwan, the government is planning a record-breaking defense budget.
·Germany
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Total News Sources26
Leaning Left7Leaning Right6Center7Last UpdatedBias Distribution35% Left, 35% Center
Bias Distribution
- 35% of the sources lean Left, 35% of the sources are Center
35% Center
L 35%
C 35%
R 30%
Factuality
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