The Cabinet has approved a defense budget of 647-billion N-T for 2025...
That figure represents 2.45-per cent of the island's G-D-P.
In the defense budget: 181.5-billion N-T for personnel costs and 148.7-billion N-T for military equipment, ammunition, and equipment maintenance.
Spending on military investment will increase by 20.3-billion N-T... the defense ministry is also expected to set aside 90.4-billion N-T as a special budget to purchase military aircraft and other equipment to upgrade sea and air defense capabilities.
Although 2025's total defense budget is a decline of zero-point-zero-five percentage points from this year, the defense ministry is denying the government is cutting its defense budget for next year - stressing that expenditure has seen "steady increases" in recent years.
Defense officials say raising the annual defense budget to 3-per cent of G-D-P remains "a goal," but in the meantime it will draw up allocation plans according to the country's "defense needs" and "financial situation."
The 2025 budget proposal will be sent to the Legislative Yuan for approval at the end of this month.
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