Taiwan's leader says increasing defence spending to 'deter war'

President Lai Ching-te’s government has earmarked a record NT$1.1 trillion ($34.5 billion) in defence spending for 2027, which accounts for more than 3% of GDP.
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- Section
- World
- Topics
- Economy & RBI, Defence & security
- First reported by
- The Hindu
- Published
- Saturday, 10 October 2026, 11:55 am IST
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- One outlet so far
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