Taiwan Cabinet to Propose 16% Annual Defense Spending Hike for 2027

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politics

9 August 2026 at 8:16 pm

Taiwan Cabinet to Propose 16% Annual Defense Spending Hike for 2027

HyperFast News

Summary

Taiwan's cabinet is set to propose a 16% annual increase in defense spending for 2027, which would mark the first time the budget exceeds $1 trillion in Taiwanese currency, according to the official Central News Agency.

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