Taiwan unveiled a T$42.1 billion ($1.4 billion) increase for next year's planned defence spending on Thursday, as China announced details of its latest combat drills near the democratic island.
TAIPEI - Taiwan unveiled a T$42.1 billion increase for next year’s planned defence spending on Thursday, as China announced details of its latest combat drills near the democratic island.
“The steady increase in the defence budget will facilitate the implementation of various military-building and war-preparation tasks ... and ensure national security and regional peace and stability,” Taiwan’s Defence Ministry said. “The theatre command’s organising of patrols and exercises are necessary actions taken in response to the current security situation across the Taiwan Strait and to safeguard national sovereignty,” the statement added.Tsai has made modernising Taiwan’s armed forces and increasing defence spending a priority.
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