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Taiwan approves record 2027 defense budget
Taiwan
First seen: Aug 19, 2026, 7:32 AM UTCUpdated: Aug 23, 2026, 7:16 AM UTC
WHAT HAPPENED
Taiwan’s cabinet approved a 2027 budget proposal that includes record defense spending of NT$1.1225 trillion, or 3.01% of GDP. The proposal also includes a universal NT$10,000 cash payment.
SO WHAT?
The increase represents a major expansion of Taiwan’s defense spending with implications for regional security and cross-strait tensions.
FOR ME
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COVERAGE
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