Special budgets, which Taiwan used to help fund the purchase of F-16s, are set to tail off, contributing to a reduction in defense spending.
Credit: Yasuyoshi Chiba/AFP/Getty Images
On Aug. 6, Taiwanese President Lai Ching-te announced that defense spending in the country will hit a new record high in 2025. Under the new budget, the allocation for the Ministry of National Defense (MND) is projected to rise to around NT$460 billion ($14 billion), up 4.5% from the NT$441 billion...
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Budget Brief: Taiwan Defense Spending Set To Peak In 2025 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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