Taiwan proposes extra $4.6 billion in defence spending for this year
- TAIPEI, Sept 3 (Reuters) - Taiwan's cabinet on Thursday proposed an additional T$145.7 billion ($4.59 billion) in defence spending for this year for systems including drones and anti-ballistic missiles.
- Taiwan's government has made defence modernisation and increased spending a core policy given stepped up military pressure from China, which views the democratically governed island as its own territory.
- In May, Taiwan's opposition-controlled parliament approved extra defence spending of $25 billion, about two-thirds of what the government had sought in a special budget, and only for spending
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- TAIPEI, Sept 3 (Reuters) - Taiwan's cabinet on Thursday proposed an additional T$145.7 billion ($4.59 billion) in defence spending for this year for systems including drones and anti-ballistic missiles.
- Taiwan's government has made defence modernisation and increased spending a core policy given stepped up military pressure from China, which views the democratically governed island as its own territory.
- In May, Taiwan's opposition-controlled parliament approved extra defence spending of $25 billion, about two-thirds of what the government had sought in a special budget, and only for spending
Sources: Yahoo