Taiwan allocates record defence budget for 2022
Hsiung Feng III anti-ship missile shore batteries are among the weapons being procured under a special supplemental defence budget. (Charles Au)
Facing increasing belligerence from China, Taipei has significantly boosted defence spending, especially for domestically-produced weapons.
Taiwan’s parliament passed an extra spending bill of NT$236.96 billion ($8.56 billion) to procure weaponry over the next five years, to counter ‘severe threats’ posed by China.
The special budget – which is separately financed and is not subject to deficit spending constraints of the normal budgeting process – will be used primarily to purchase indigenous weapon systems from 2022-26.
The ‘Sea Air Forces Capability Upgrade Programme Special Purchasing Budget’ bill focuses on eight weapon types: Hsiung Feng III anti-ship missile shore batteries; Tien Kung III long-range and Tien Chien II short-range surface-to-air missiles; Hsiung Feng IIE cruise missiles
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Spain unveils new multi-billion euro defence investment plan]()
Spain unveils new multi-billion euro defence investment plan
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.
-
![New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia]()
New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
-
![UK Chancellor commits £2 billion to make the country a “defence industrial superpower”]()
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
![Avalon 2025: Australian defence budget meets the low expectations of show attendees]()
Avalon 2025: Australian defence budget meets the low expectations of show attendees
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
-
![Launch of Gilat Defense targets DoD market]()
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
