Taiwan boosts defence budget in light of China’s threatening antics
Taiwan is seeking to improve its defensive capability in light of Chinese aggression. (Photo: Gordon Arthur)
Taiwan is boosting its defence budget, and at the same time seeking weapons from the US and enhancing indigenous missile production.
Taiwan’s Executive Yuan proposed a significant 13.9% hike in its defence budget for the year ahead, no doubt spurred on by China’s martial antics surrounding the recent visit by US House of Representatives Speaker Nancy Pelosi.
The budget increase amounts to a record NT$586.3 billion ($19.5 billion) defence budget for 2023. It still needs to be approved by the Legislative Yuan, but it would equate to 2.4% of GDP.
The proposed budget includes NT$108.3 billion for new fighters and other equipment.
The Directorate-General of Budget, Accounting and Statistics has not given a specific breakdown of the defence budget. Nonetheless, the
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![What role could holographic and 3D capabilities play in the warfare of tomorrow]()
What role could holographic and 3D capabilities play in the warfare of tomorrow
Holographic and 3D technologies have been lauded by some for their ability to provide technical and operational advantages for military training and planning. But is the hype truly justified?
-
![Unfolding the Golden Dome for America: Seven things you should know about the programme]()
Unfolding the Golden Dome for America: Seven things you should know about the programme
Shephard talked to multiple experts about the most pressing concerns and considerations regarding the air defence system advocated by President Trump.
-
![Industry welcomes UK Strategic Defence Review, but pressure remains on future defence investment plans]()
Industry welcomes UK Strategic Defence Review, but pressure remains on future defence investment plans
While industry reception to the SDR has been positive, questions still remain from analyst and trade associations about what this could mean for future investment and the future UK Defence Industrial Strategy.
-
![UK Strategic Defence Review puts emphasis on autonomy, airpower and munitions]()
UK Strategic Defence Review puts emphasis on autonomy, airpower and munitions
The UK’s Strategic Defence Review (SDR) was launched as one of the first acts of the UK’s new Labour Government in June last year. The review has recommended a major big-picture reform of the country’s forces.
-
![Foreshadowing of UK defence review suggests it is light on programme details]()
Foreshadowing of UK defence review suggests it is light on programme details
The UK’s Strategic Defence Review (SDR) was designed to answer two questions: What is needed to fix UK defence and make it fit for the 2040s, and what do you get for a fixed financial profile? The SDR outlines that work still needs to be done on specifics.
