Search For "defense budget"
US-made M109A7 howitzers to improve mobility, precision of Taiwan's artill
Updated : 3 months ago IST
With the upcoming addition of American made M109A7 howitzers to Taiwan, an expert noted that it will boost Taiwan's artillery with higher mobility, better precision and more firepower, as reported by Focus Taiwan.
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"With Trump, we agreed that the US will buy drones from us," says Zelensky
Updated : 7 months, 3 weeks ago IST
Speaking at a press conference in Kyiv, Zelensky said he had reached an understanding with US President Donald Trump regarding the sale. "With Trump, we agreed that the US will buy drones from us," he told reporters, adding that a contract worth "$10-30 billion is now being drafted," accordi
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China continues to hike its defense expenditure
Updated : 1 year ago IST
According to figures released on the opening day of the Third Annual Session, a formal gathering of China's legislature, the 2025 defense budget will rise to CNY1.784665 trillion, which equates to USD249 billion. China firmly remains the world's second-largest spender on its military, traili
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US applauds Taiwan's self-defence reforms to counter Chinese agression
Updated : 1 year, 6 months ago IST
The US "strongly encourages and applauds" the initiatives taken by President William Lai's administration to enhance Taiwan's self-defence through various reforms and investments, Ingrid Larson, the managing director of the American Institute in Taiwan's (AIT) Washington Office, said.
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China maintains defence budget growth despite economic travails
Updated : 2 years ago IST
Indeed, according to figures released on the opening day of the Second Annual Session of this formal gathering of China's political leaders, the 2024 defense budget will rise 7.2 per cent to Chinese Yuan (CNY) 1.66554 trillion, which equates to USD 231.4 billion.
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China's defence budget could be far greater than declared
Updated : 2 years, 3 months ago IST
When China announced its 2023 defense budget on 5 March, the figure quoted by the government was CNY 1.5537 trillion (USD224.59 billion). This represented a rise of 7.2 per cent compared to the previous year, the largest percentage increase in the past four years.
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China prioritizes defence budget despite economic woes
Updated : 3 years ago IST
According to figures released on the opening day of the first annual session of the 14th National People's Congress (NPC), China's 2023 defense budget will rise 7.2% to CNY1.5537 trillion (USD224.59 billion).
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Taiwan raises defense budget 14.9 pc amid escalating China tensions
Updated : 3 years, 7 months ago IST
Taipei [Taiwan], August 25 (ANI): Taiwan proposed a budget of USD 17.3 billion in defence for 2023 on Thursday, a 14.9 per cent increase from this year's total allocation, weeks after China started its military drill around the self-ruled island country post the visit of US House Speaker Nan
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US House of Representatives approves amendment in defense budget to train
Updated : 3 years, 8 months ago IST
Kyiv [Ukraine], July 16 (ANI): The United States House of Representatives has approved an amendment for the defense budget bill for 2023 to train Ukrainian pilots on F-15 and F-16 fighter jets amid the reeling crisis in Ukraine, said the head of the Ukrainian presidential office, Andriy Yerm
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Czech PM support USD 63 million military budget increase
Updated : 3 years, 11 months ago IST
Prague [Czech Republic], April 23 (ANI/Sputnik): Czech Prime Minister Petr Fiala told reporters on Saturday that he would support a request by Defense Minister Jana Cernochova to add another 1.4 billion crowns ($63 million) to the 2022 defense budget.
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China forced to increase defense budget after tech curbs from US, Europe,
Updated : 4 years ago IST
Beijing [China], March 6 (ANI): China's decision to increase its military budget by 7.1 per cent, has caught the eyes of several analysts who believe that decision to spend more on defence-related research and development, was made after restrictions were imposed on the flow of technology fr
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Ukrainian lawmakers vote to increase defense expenditures to USD 1.3 bn in
Updated : 4 years, 1 month ago IST
Kiev [Ukraine], February 24 (ANI/Sputnik): The Ukrainian Parliament approved on Wednesday a plan to increase the country's defense budget for 2022 by $314 million to $1.3 billion, in a session broadcast by parliamentary television.
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