WATCH: Proposed special budget breaks record at over NT$1 trillion
A recently submitted military proposal will allocate over NT$1 trillion (more than US$33 billion) over seven years, setting a record for the largest special budget in Taiwan’s history.
The first footage of the Navy's new 10,000-ton warship arriving at Taiping Island has been released.
To further develop Taiwan’s arsenal, the Defense Ministry is seeking a special budget exceeding NT$1 trillion (over US$33 billion) allocated over seven years, which would set a record for the largest in Taiwan's history if approved.
President Lai Ching-te (賴清德) spoke on the difficulties his administration has encountered trying to strengthen Taiwan’s national defense capabilities, including increasing the defense budget, conducting military procurement abroad, and promoting the defense industry. He said that the special budget will enable transformation and upgrades, and further development.
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