Taiwan eyes fighter jet purchase amid modest hike in 2022 defence spending
TAIPEI: Taiwan on Thursday (Aug 26) introduced a extra modest tempo in defence spending for subsequent 12 months, however will spend US$1.44 billion on new fighter jets, because the island bolsters its forces within the face of elevated stress from Beijing.
China has stepped up its navy exercise close to Taiwan, together with holding assault drills final week close to the island, which it regards as Chinese language territory to be introduced below Beijing’s management, by pressure if mandatory.
President Tsai Ing-wen’s cupboard is proposing navy spending of NT$471.7 billion (US$16.89 billion) for the 12 months beginning in January, up from this 12 months’s price range of NT$453.four billion, the federal government mentioned in a press release.
That quantity contains NT$40.1 billion (US$1.44 billion) for brand spanking new fighter jets, although the federal government didn’t give particulars however probably refers to F-16s.