Taiwan defense budget

Taiwan's President Lai Ching-te announced a record defense budget of NT$647 billion (approximately $20 billion) for 2025, marking a nearly six percent increase to bolster defense capabilities amid rising military pressure from China. The budget aims to enhance self-defense, support the development of indigenous weapons, and purchase arms from the US. Lai emphasized the importance of cooperation with democratic partners for peace and prosperity, while also addressing domestic challenges like an aging population with increased funding for social welfare programs. Despite the budget's approval from the Cabinet, its passage through the opposition-majority Legislative Yuan remains uncertain. Young Taiwanese citizens are reportedly resisting extended military service, posing additional challenges to Taiwan's defense preparations. The geopolitical landscape, including potential US commitments and the influence of future US administrations, could significantly impact Taiwan's security strategy.