Taiwan’s Cabinet, or Executive Yuan, has approved draft legislation to provide funding for the country’s planned procurement of 66 Lockheed Martin F-16C/D Block 70 fighter aircraft.
The new plan allocates funding outside the country’s defence budget in years through to the late 2020s.
The Executive Yuan said in a statement on 5 September that the new legislation – entitled Special Regulations for the Procurement of New Types of Aircraft – was written by Taiwan’s Ministry of National Defense (MND) and will now be forwarded to the Legislative Yuan for deliberation.
The Executive Yuan statement confirmed that the draft legislation allows the government to allocate “special funds” to support the F-16 procurement.
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