Taiwan's Legislature Agrees for Cabinet to Draft Special Budget for First Batch of Military Procurements
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Following cross-party negotiations on May 19th, Taiwan's Legislative Yuan agreed to allow the Executive Yuan (Cabinet) to prepare a special budget for the first batch of military procurements under the "Special Act for the Procurement of Programs to Safeguard National Security and Enhance Asymmetric Warfare Capabilities." The move addresses the urgency of an approximately NT$800 million initial payment for the HIMARS rocket system due on May 31. Premier Cho Jung-tai is scheduled to report to the legislature on the budget's preparation on May 20, after which the budget will be submitted for review.