Key facts
- Taiwan's cabinet proposed an additional $4.6 billion in defense spending.
- The spending will include funds for drones and anti-ballistic missiles.
- This increase will bring Taiwan's total defense spending above NT$1 trillion for the first time.
Taiwan's cabinet has proposed an additional $4.6 billion in defense spending for the current year. This move is set to push the island's total defense budget beyond NT$1 trillion for the first time. The proposed funds are earmarked for acquisitions including drones and anti-ballistic missiles, reflecting ongoing efforts to bolster the island's security capabilities.