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Taiwan Boosts Defence
- On Thursday, Taiwan's government proposed an 18% increase in its 2027 defence budget, exceeding NT$1 trillion for the time.
- President William Lai Ching-te pledged defence spending to reach 5% of GDP by 2030, and analysts warned GDP growth could lower share, making target harder.
- Cabinet approved the budget, projecting defence spending at NT$1.1225 trillion.
- The budget adds a 4% pay rise for military personnel, civil servants and teachers.
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