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Realtime News
Home > News > Realtime News
Home > News > Realtime News
Drones, air defense missile funding bill advances to committee review
Posted on 2026-11-03 20:06:13
The Cabinet's proposed 607.6-billion-NT spending plan for next year has moved
to committee review after Premier Cho Jung-tai answered questions from
lawmakers.

The proposal includes 145.7-billion NT for defense, including coastal attack
and surveillance drones, unmanned boats and a new missile defense system.

It also sets aside 233.8-billion NT for state-run oil supplier CPC, which has
accumulated losses partly because of government efforts to keep fuel and
natural gas prices stable.

Another 11.1-billion NT would fund planned allowance increases for military
personnel, civil servants and local officials.

The additional spending would leave the government facing a budget shortfall
of around 47.6-billion NT next year, with more than 200-billion NT in
government debt also needed to cover spending and debt repayments.

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