Taiwan's 2026 Budget Passed, Reaching Record High of Approximately 15 Trillion Yen
The Legislative Yuan (parliament) of Taiwan passed the central government's budget for the 2026 fiscal year on the evening of the 14th. The total amount of this budget reaches approximately 3 trillion New Taiwan dollars (about 15 trillion Japanese yen), making it the largest budget in Taiwan's history.
The passage of this budget was significantly delayed compared to the original schedule. The main reasons for this were Taiwan's political situation and the difficulties encountered in negotiations between the ruling and opposition parties. It is the first time in Taiwan's history that the passage of a budget has been delayed to this extent.
This budget includes provisions for economic development, the enhancement of social welfare, and the strengthening of national defense capabilities. The Taiwan government plans to utilize this budget to advance domestic infrastructure development while responding to the changing international situation.
For Japan, Taiwan is an extremely important economic partner. With the passage of this budget, attention is now focused on how Taiwan's policies will be implemented and what impact they will have on the regional economy.