Taiwan · Nation Thailand
Taiwan to give public NT$10,000 cash to share economic growth benefits
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Taiwanese President Lai Ching-te has announced that work to draw up the 2027 central government budget has been completed successfully.
Key facts
- Under the plan, NT$235.7 billion will be allocated to a policy providing ‘NT$10,000’ cash payments to all members of the public next year.
- The economy expanded by 14.15% in the first half of the year and is forecast to grow by 11.05% over the full year, which would set a new 39-year high.
- The 2027 budget also covers five further key national development strategies: supporting the family as an institution, strengthening national security, moving towards Smart Nation 2.0, developing infrastructure and distributing budgetary
- The measure is primarily intended to distribute the benefits of economic growth driven by artificial intelligence (AI), semiconductors and manufacturing supply chains equally among all sections of the public.
Summary
Under the plan, NT$235.7 billion will be allocated to a policy providing ‘NT$10,000’ cash payments to all members of the public next year.
The measure is primarily intended to distribute the benefits of economic growth driven by artificial intelligence (AI), semiconductors and manufacturing supply chains equally among all sections of the public.