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Taiwan announces special budget of $40 billion for arms purchases to bolster defense
Taiwan plans to allocate $40 billion over eight years to modernize its military with U.S. arms and asymmetric warfare tools to deter Beijing, aiming for 5% GDP defense spending by 2030.
- On Nov. 26, President Lai Ching-te announced a US$40 billion supplementary defence budget after proposing it in a Washington Post op-ed on Nov 25.
- Against a backdrop of daily PLA activity, China has deployed warplanes, navy ships and drones toward Taiwan, while recent military intrusions and gray-zone tactics have caused deep unease in the Indo-Pacific region, Lai said.
- Funding asymmetric systems like mobile missile units will include the Taiwan Dome air-defense system and precision-strike missiles via joint development with the United States.
- To deliver on the pledge, Taipei expects Taiwan's defence spending to rise to 3.3% of GDP by next year and President Lai Ching‑te pledged it will reach 5% by 2030; the United States is legally bound to provide Taiwan with defensive means.
- With backlogs exceeding US $19 billion, defense experts say U.S. production constraints may delay arms deliveries to Taiwan, despite a planned $40 billion budget from 2026 to 2033.
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·Washington, United States
Read Full ArticleTaiwian budgets $40 billion toward U.S. weapons and building air defense 'dome'
The U.S. State Department on Wednesday said it welcomes Taiwan's budget announcement and "supports Taiwan's acquisition of critical defense capabilities, commensurate with the threat it faces.”
·Washington, United States
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Total News Sources162
Leaning Left37Leaning Right23Center39Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 37%
C 40%
R 23%
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