Taiwan Proposes US$123 Billion Budget for 2027 as Defence Spending Hits Record High

Taiwan’s government has proposed a 2027 budget of about US$123 billion, combining increased public spending with a record allocation for national defence as the island seeks to strengthen its economy, support households and respond to growing security pressure from China. The Cabinet approved the 2027 central government budget proposal on Thursday, August 20, with total […]

Taiwan Passes $93 Billion Budget After Record Delay 

Taiwan Passes $93 Billion Budget After Record Delay 

Parliament Preserves Drone Funding as Political Deadlock Ends After 266 Days Taiwan’s opposition controlled parliament has approved the government’s 2026 budget, ending a record 266-day political deadlock over public spending. The budget authorises approximately NT$2.987 trillion, or $93 billion, in total government expenditure. Lawmakers reduced the government’s original proposal by about NT$48 billion. One of […]