The proposed classified portion of the defense budget for next year marks the lowest-ever in the history of the Ministry of National Defense (MND), occupying only 16 percent of the defense budget.
The classified defense spending for next year is only NT$41.8 billion, lower than any previous year.
That number is NT$3.1 million less than this year.
The defense budget for this year and the proposed budget for next year are around NT$260 billion each.
The development conforms to the ministry's policy to reduce year-by-year the classified portion of the annual defense budget.
The ministry declared the policy in White Paper this year, saying it was meant to meet growing public demand for transparency in defense spending.
In 1993, classified defense spending accounted for as much as 61.17 percent of the whole defense budget, according to the White Paper.
But that figure has been steadily dropping to 17.67 percent this year.
Although the ministry has successfully made a downward adjustment of the portion of classified spending in its yearly budget, it has not yet removed the National Security Bureau (NSB) from its budget book.
While the NSB is under the Presidential Office, its annual budget has been placed under the classified defense spending budget for many years under the name "Tinyuan Project."
Some lawmakers have called for the NSB's budget to be separated from that of the ministry's, so as to enable lawmakers to better monitor the nation's top intelligence agency.
Next year's classified defense spending highlights investments on the development of a cruise missile, an anti-missile defense system, and an improved version of an anti-ship missile currently in use.
The cruise missile, based on the locally-built Hsing Feng-II anti-ship missile, is expected to become an effective weapon against the Chinese military.
It is being developed by the Chung Shan Institute of Science and Technology (CSIST) of the military.
The project, code-named "Hsiung Sheng," is a multi-year investment. It is scheduled to be completed in the next few years.
The anti-missile defense system, also under development by the CSIST, is expected to enter the final phases in the years to come.
The CSIST has another missile development project in hand -- the production of the Hsing Feng-III anti-ship missile, though its progress is unclear.
Besides the investments on new missile systems, the military is secretly introducing new hardware from abroad to enhance its overall combat capabilities.
The army, for instance, is to spend over NT$2 billion on buying a new tactical communication system from the US.
The purchase is expected to greatly improve the army's command, control and communication capabilities.
The air force also hopes to obtain new items from abroad, such as another 80 AIM-120 air-to-air missiles and long-range radar systems.
The Legislative Yuan’s Finance Committee yesterday approved proposed amendments to the Amusement Tax Act (娛樂稅法) that would abolish taxes on films, cultural activities and competitive sporting events, retaining the fee only for dance halls and golf courses. The proposed changes would set the maximum tax rate for dance halls and golf courses at 50 and 20 percent respectively, with local governments authorized to suspend the levies. Article 2 of the act says that “amusement tax shall be levied on tickets sold or fees charged by amusement places, facilities or activities” in six categories: “Cinema; professional singing, story-telling, dancing, circus, magic show, acrobatics
Tainan, Taipei and New Taipei City recorded the highest fines nationwide for illegal accommodations in the first quarter of this year, with fines issued in the three cities each exceeding NT$7 million (US$220,639), Tourism Administration data showed. Among them, Taipei had the highest number of illegal short-term rental units, with 410. There were 3,280 legally registered hotels nationwide in the first quarter, down by 14 properties, or 0.43 percent, from a year earlier, likely indicating operators exiting the market, the agency said. However, the number of unregistered properties rose to 1,174, including 314 illegal hotels and 860 illegal short-term rental
INFLATION UP? The IMF said CPI would increase to 1.5 percent this year, while the DGBAS projected it would rise to 1.68 percent, with GDP per capita of US$44,181 The IMF projected Taiwan’s real GDP would grow 5.2 percent this year, up from its 2.1 percent outlook in January, despite fears of global economic disruptions sparked by the US-Iran conflict. Taiwan’s consumer price index (CPI) is projected to increase to 1.5 percent, while unemployment would be 3.4 percent, roughly in line with estimates for Asia as a whole, the international body wrote in its Global Economic Outlook Report published in the US on Monday. The figures are comparatively better than the IMF outlook for the rest of the world, which pegged real GDP growth at 3.1 percent, down from 3.3 percent
ECONOMIC COERCION: Such actions are often inconsistently applied, sometimes resumed, and sometimes just halted, the Presidential Office spokeswoman said The government backs healthy and orderly cross-strait exchanges, but such arrangements should not be made with political conditions attached and never be used as leverage for political maneuvering or partisan agendas, Presidential Office spokeswoman Karen Kuo (郭雅慧) said yesterday. Kuo made the remarks after China earlier in the day announced 10 new “incentive measures” for Taiwan, following a landmark meeting between Chinese President Xi Jinping (習近平) and Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) in Beijing on Friday. The measures, unveiled by China’s Xinhua news agency, include plans to resume individual travel by residents of Shanghai and China’s Fujian