Taiwan announces special budget of $40 billion for arms purchases to bolster defense
Published on: Nov. 26, 2025, 10:28 a.m. | Source: The Economic Times
Taiwan's President Lai Ching-te announced a significant $40 billion special budget for arms purchases. This funding will be allocated over eight years, from 2026 to 2033. The plan includes developing a Taiwan Dome air defense system.
