Record Delay: Taiwan's Budget Approval Reflects Wider Fiscal Fissures The passage of Taiwan's 2026 budget after a record delay serves as a stark reminder that even in stable democracies, fiscal governance can be treacherous.
The near eight month long approval process has left many wondering if the government and opposition parties prioritize politics over timely financial decisions.
Disagreements over defense spending have plagued Taiwan's budgeting process for years.