MILITARY● ELEVATEDSep 3 · Sep 3, 2026, 2:00 PM
Extra funds push Taiwan’s defence spending past NT$1 trillion for the first time
South China Morning Post · east asia
Taiwan’s cabinet approved a supplementary defence budget of NT$145.7 billion (US$4.6 billion) on Thursday, pushing the island’s total defence-related spending for this year above NT$1 trillion for the first time. The additional funding is expected to raise this year’s overall defence spending from 3.32 per cent of gross domestic product (GDP) to about 3.83 per cent, the highest level in decades. The supplementary budget, which still requires legislative approval, is aimed at plugging gaps left...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Military
MILITARY27m agoIsrael Is Bringing SPICE 1000 Standoff Weapon To The F-35The War ZoneMILITARY52m agoService members must meet weight, grooming standards for Hegseth event: ReportThe HillMILITARY59m agoHanwha, Magnet Defense to start construction on new MUSV this fall, testing next yearBreaking DefenseMILITARY1h agoIndustrial Base Concerns Over Building F/A-XX And F-47 Remain: Top Pentagon Procurement OfficerThe War Zone