Premier Cho Vows Remedies for Defense Budget Cut, Stresses Indigenous Industry Growth
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After the Legislative Yuan drastically cut the Executive Yuan's NT$1.25 trillion special defense budget to NT$780 billion, Premier Cho Jung-tai stated on the 19th that the government is devising remedies, including a supplementary budget. However, he emphasized that the focus isn't just on the budget figures but on using this as an opportunity to develop the indigenous defense industry (like drones), solidify Taiwan's position in the global democratic supply chain, and link related industries in Taichung, New Taipei, and other areas.