#next year

The Cabinet yesterday approved the central government’s budget proposal for next year, which would allocate NT$1.1225 trillion (US$35.16 billion) for defense, or 3.01 percent of projected GDP.President William Lai (賴清德) has set a goal of keeping Taiw

The Cabinet is to approve next year’s budget on Aug. 20, with defense spending topping NT$1.1 trillion (US$34.07 billion) and NT$240 billion earmarked for a special budget, sources said yesterday.Next year’s central government revenue is expected to