Taiwan's defense spending to reach NT$647 billion, 2.45% of GDP in 2025
08/22/2024 05:09 PM
Taiwan will spend NT$647 billion (US$20.24 billion) on defense next year, representing 2.45 percent of the county's gross domestic product (GDP), according to a central government budget proposal approved by the Cabinet on Thursday.
(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)
Latest
-
Politics
Premier directs MOEA to secure gas supplies amid Middle East tensions
03/12/2026 05:33 PM -
Sports
Taiwanese catcher Lyle Lin signs with Japan's Nippon-Ham Fighters
03/12/2026 05:07 PM -
Business
U.S. dollar closes higher on Taipei forex market
03/12/2026 04:38 PM -
Society
Pedestrian lights to cancel fast-walking signal: MOTC
03/12/2026 04:33 PM -
Politics
MOFA protests unfair treatment of Taiwan fans at AFC Women's Asian Cup
03/12/2026 04:30 PM