President William Lai Unveils NT$1.25 Trillion Special Defense Budget Amid Rising Tensions
Richard Sanders In a significant move to bolster national security, President William Lai (賴清德) announced yesterday a special defense budget of NT$1.25 trillion (approximately US$39.9 billion), which aims to enhance Taiwan’s military capabilities, including a state-of-the-art “Taiwan dome” air defense system. This funding, set to span eight years from next year through 2033, was detailed…