Proposed budget totals $123 billion, with more than $35 billion for defense
Taiwan’s government unveiled the proposed 2027 budget Thursday in Taipei, according to The Wall Street Journal. The plan includes more than $35 billion for military spending.
The proposed military allocation is the highest level Taiwan’s government has ever put forward, the Journal reported. The overall budget is valued at $123 billion.
The report characterized the proposal as carrying a message for both the United States and China. It did not provide additional details on how the military funds would be allocated.
The available account also did not say whether the proposal had been approved or describe the next steps in the budget process. It presented the figures as part of a budget unveiled by Taiwan’s government for 2027.
Joyu Wang, a Taipei-based Wall Street Journal reporter who covers Taiwan politics and defense and security issues, authored the report.