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Taiwan proposes an extra $4.6 billion for defence spending this year

From The Straits Times · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Official statement New plan
  • Taiwan’s cabinet proposed an additional T$145.7 billion, or $4.59 billion, in defence spending for this year.
  • The funds would support a domestically developed anti-ballistic missile system, coastal surveillance drones, attack drones and small drone boats.
  • The proposal follows parliamentary limits on an earlier special budget and comes as Taiwan plans to raise overall defence spending above $1 trillion next year.

Taiwan’s cabinet has proposed an extra T$145.7 billion, or $4.59 billion, for defence spending this year, including money for drones and anti-ballistic missiles.

The cabinet said the supplementary budget would incorporate systems originally sought under an earlier special budget. It described the move as necessary because “there can be no gap in national defence.”

The planned purchases include a medium-tier anti-tactical ballistic missile system, which Taiwan’s defence ministry has previously identified as the domestically developed Strong Bow missile. The package also includes more than 600 coastal surveillance and reconnaissance drones, over 40,000 coastal attack drones and an initial batch of more than 100 small suicide drone boats.

There can be no gap in national defence.

· Taiwan cabinetThe cabinet explained why it was incorporating previously requested systems into this year’s supplementary budget.

Taiwan’s government has made military modernisation and higher defence spending a central policy as China increases military pressure on the democratically governed island. Beijing claims Taiwan as its territory, while President Lai Ching-te rejects those sovereignty claims and says the island’s people alone can decide its future.

The proposal follows a parliamentary decision in May to approve T$25 billion in additional defence spending, around two-thirds of the government’s request, and restrict the money to U.S. weapons rather than also funding domestic systems. Parliament also approved a six-year plan last month to spend $240 billion on drones, equivalent in principle to $40 billion a year, while rejecting a competing government proposal worth $210 billion.

For next year, the government has proposed total defence spending of more than $1 trillion for the first time. The cabinet said, “National security cannot wait, the defence budget cannot wait, and defence self-reliance cannot wait either.”

National security cannot wait, the defence budget cannot wait, and defence self-reliance cannot wait either.

· Taiwan cabinetThe cabinet defended the urgency of the proposed additional spending.
About this summary

Originally published by The Straits Times in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.