Taiwan's 2027 defence spending to rise 16%, official media reports
The proposal would lift spending above 3% of gross domestic product and fund the coast guard, veterans and special projects, officials said.
- Taiwan's Cabinet will propose a 16% annual rise in 2027 defense spending, marking the first time the budget exceeds T$1 trillion, the Central News Agency reported on Sunday.
- This proposal responds to escalating military and political pressure from China, which views Taiwan as its territory, while President Lai Ching-te has enthusiastically embraced calls from Washington to strengthen defense spending.
- To be unveiled on Aug 20, the proposed budget exceeds T$1.1 trillion and will surpass 3% of gross domestic product, including funding for the coast guard, veterans, and special projects.
- Observing Han Kuang military drills in Taoyuan on Sunday, Lai stated that every exercise accumulates experience, giving the military greater confidence and adding stability to the nation.
- China, which refuses to communicate with Lai and labels him a "separatist," unveiled a 7% increase in 2026 defense spending to 1.91 trillion yuan, though Lai maintains only Taiwan's people can decide their future.
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Observador
Noticias ao MinutoThe Taiwanese government wants to increase defence spending by 16% to EUR 29.5 billion, with the military budget expected to rise to over 3% of GDP next year.
Taiwan's cabinet is preparing to propose a 16% increase in its defense budget for 2027 to strengthen the military amid increasing pressure from China.
Taiwan To Raise Defence Spending 16% In 2027, Official Media Reports
Taiwan is preparing to push its defence spending above T$1 trillion ($31 billion) for the first time. Pressure from China and calls from the United States drive Taipei to strengthen its military.The cabinet is expected to propose a 16% increase for 2027, taking the budget beyond T$1.1 trillion. The proposal, due to be unveiled on August 20, would keep defence spending above 3% of Taiwan’s economic output.Why the sharp increase? China’s military …
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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