ReferIndia News Taiwan's Bold Defense Budget Proposal for 2024

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Taiwan's Bold Defense Budget Proposal for 2024

Published on: Aug. 21, 2025, 7:34 a.m. | Source: Devdiscourse

Taiwan's cabinet plans to propose a substantial defense budget of T$949.5 billion ($31.27 billion) for the upcoming year, making up 3.32% of the GDP. The budget allocation includes essential funding for the coast guard, veterans, and special projects. Further details will be disclosed during the cabinet's news conference.

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