Taiwan to raise defence budget past 3% of GDP

AWANI

Taiwan will raise its 2026 defence spending to over 3% of GDP, including coast guard funding, amid growing pressure from China and calls from the U.S. to bolster its military.

Transcript

00:00Amid growing pressure from China, Taiwan will lift its defense spending to over 3% of GDP next year.

00:07The Cabinet has set their defense spending at US$31.27 billion, equal to 3.32% of GDP.

00:16Over the past five years, Taiwan has made military modernization a core policy

00:21and pledged to raise defense spending against China's growing threat.

00:25The proposed budget also allocates funds for the Coast Guard, veterans and special projects, according to official reports.

00:34Taiwan is building its own submarines while confronting daily incursions by China's Air Force and regular Chinese war games.

00:42Meanwhile, China continues modernizing its forces with new aircraft carriers, stealth fighters and advanced missiles.

00:49In March, China announced a 7.2% increase in defense spending to US$248.17 billion,

00:58outpacing its 2025 growth target of about 5%.

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