Taiwan's leader says increasing defence spending to 'deter war'

🌐 The Hindu (TW) —
Taiwan's leader says increasing defence spending to 'deter war'

AI Summary

Taiwanese President Lai Ching-te said the government’s planned record defense budget is intended to deter war. The proposed NT$1.1 trillion allocation for 2027 would exceed 3% of GDP, underscoring Taiwan’s response to regional military pressure.

President Lai Ching-te’s government has earmarked a record NT$1.1 trillion ($34.5 billion) in defence spending for 2027, which accounts for more than 3% of GDP.

World Security Conflict Politics Markets Taiwan Lai Ching-te defesa dissuasão orçamento militar Estreito de Taiwan

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