
Taiwan's Bold Defense Budget Proposal for 2024
Published on: Aug. 21, 2025, 7:34 a.m. | Source: Devdiscourse
Taiwan's cabinet plans to propose a substantial defense budget of T$949.5 billion ($31.27 billion) for the upcoming year, making up 3.32% of the GDP. The budget allocation includes essential funding for the coast guard, veterans, and special projects. Further details will be disclosed during the cabinet's news conference.