The Executive Yuan today advanced a NT$1.25-trillion (US$39.9 billion) special defense budget plan announced by President William Lai (賴清德) yesterday, explicitly citing “military threats from the Chinese Communist Party (CCP)” for the first time.
Article 1 of the bill states that the law is being enacted to counter the sustained growth of the CCP’s military threats by acquiring weapons and equipment that would enhance the armed forces’ defensive resilience and asymmetric capabilities.
This would include building a “Taiwan dome,” an air defense system with high-level detection and interception capabilities, using high-tech systems and artificial intelligence to speed up the kill chain, and building a "non-red" supply chain by investing in the national defense industry, the Ministry of National Defense said.
Photo: George Tsorng, Taipei Times
The bill lists seven major procurement categories: precision artillery; long-range precision-strike missiles; unmanned vehicles and counter-unmanned systems; air-defense, anti-ballistic missile and anti-armor missile systems; artificial intelligence-assisted command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance (C5ISR) systems; equipment to enhance sustained combat endurance and equipment; and systems jointly developed or procured with the US.
Taiwan should strengthen its resolve and capacity for self-defense to counter China’s military expansion, Minister of National Defense Wellington Koo (顧立雄) told a press conference this morning.
The total spending is to be funded through special budgets and not to be subject to Article 23 of the Budget Act (預算法) that restricts the use of capital for recurrent expenditures, according to the bill.
Required funding may be drawn from prior-year budget surpluses or raised through borrowing, with annual borrowing limits exempted from restrictions under Article 5-7 of the Public Debt Act (公共債務法).
The special ordinance and special budgets are to take effect on the date of promulgation and remain in force until Dec. 31, 2033.
If any contracted programs remain unexecuted by that date, the Executive Yuan may approve limited extensions solely for contract fulfillment and final payment phases, while no new procurement items may be added.
Considering that most countries issue more than five denominations of banknotes, the central bank has decided to redesign all five denominations, the bank said as it prepares for the first major overhaul of the banknotes in more than 24 years. Central bank Governor Yang Chin-lung (楊金龍) is expected to report to the Legislative Yuan today on the bank’s operations and the redesign’s progress. The bank in a report sent to the legislature ahead of today’s meeting said it had commissioned a survey on the public’s preferences. Survey results showed that NT$100 and NT$1,000 banknotes are the most commonly used, while NT$200 and NT$2,000
The Centers for Disease Control (CDC) yesterday reported the first case of a new COVID-19 subvariant — BA.3.2 — in a 10-year-old Singaporean girl who had a fever upon arrival in Taiwan and tested positive for the disease. The girl left Taiwan on March 20 and the case did not have a direct impact on the local community, it said. The WHO added the BA.3.2 strain to its list of Variants Under Monitoring in December last year, but this was the first imported case of the COVID-19 variant in Taiwan, CDC Deputy Director-General Lin Ming-cheng (林明誠) said. The girl arrived in Taiwan on
ANNUAL EVENT: Two massive Pokemon balloons are to be set up in Daan Park, with an event zone operating from 10am to 6pm This year’s Taipei Floral Picnic is to be held at Daan Park today and tomorrow, featuring an exclusive Pokemon Go event, a themed food market, a coffee rave picnic area and stage performances, the Taipei Department of Information and Tourism said yesterday. Two massive Pokemon balloons are to be set up in the park as attractions, with an exclusive event zone operating from 10am to 6pm, it said. Participants who complete designated tasks on-site would have a chance to receive limited-edition souvenirs, it added. People could also try the newly launched game Pokemon Pokopia in the trial area, the department said. Three PokeStops are
South Korea is planning to revise its controversial electronic arrival card, a step Taiwanese officials said prompted them to hold off on planned retaliatory measures, a South Korean media report said yesterday. A Yonhap News Agency report said that the South Korean Ministry of Foreign Affairs is planning to remove the “previous departure place” and “next destination” fields from its e-arrival card system. The plan, reached after interagency consultations, is under review and aims to simplify entry procedures and align the electronic form with the paper version, a South Korean ministry official said. The fields — which appeared only on the electronic form