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Taiwan passes ‘special' funding of USD8.6 billion for naval and air force modernisation

by Jon Grevatt

Taiwan's Legislative Yuan has passed a ‘special budget' of TWD236.95 billion (USD8.6 billion) in additional funding to support naval and air force modernisation.

The allocation, which is in addition to Taiwan's annual defence budget, is a slight decline on the TWD240 billion special appropriation announced by the Legislative Yuan in November 2021.

Taiwan's Directorate General of Budget, Accounting and Statistics (DGBAS) indicated in a 11 January statement that the decline was a result of political negotiations.

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https://www.janes.com/defence-news/news-detail/taiwan-passes-special-funding-of-usd86-billion-for-naval-and-air-force-modernisation

Taiwan's Legislative Yuan has passed a ‘special budget' of TWD236.95 billion (USD8.6 billion) in add...

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