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[POLITICS] · Taiwan · 14 sources

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Taiwan passes 2026 annual budget after record delay

Taiwan’s opposition-controlled parliament has approved the 2026 annual government budget following a record-breaking eight-month delay. The impasse between the ruling Democratic Progressive Party and opposition parties, including the Kuomintang, concluded with lawmakers voting to reduce the original NT$3.034 trillion ($94.79 billion) proposal by NT$48 billion.

Despite the overall cuts, NT$63.4 billion earmarked for a critical drone program to bolster national defense passed without reductions. This funding is intended to modernize military systems to deter China. Additionally, the cabinet is expected to propose next year’s budget with a 16% annual increase in defense spending.

President Lai Ching-te called for a return to professionalism and reasonableness in budget reviews, urging that political divisions should not impede the state's functioning. While the delay was historic, the government continued to operate under a provisional budget mechanism to ensure uninterrupted public services.

Entities

Democratic Progressive Party · Fu Kun-chi · Kuomintang · Lai Ching-te · Taiwan · Taiwan Parliament

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