The China Post
Date: April 5, 2017
By: The China Post news staff
The government will soon launch a program that aims to make NT$540,000 available to
The Cabinet announced on Children’s Day its plan to establish a government-sponsored savings program for underprivileged kids (CNA)
underprivileged children at the age of 18 for the purpose of higher education or starting a business.
The program would be launched sometime before June, the Executive Yuan told the Chinese-language United Evening News on Tuesday.
Under the plan, the government will save NT$15,000 in a special account designated for children who meet program qualifications.
Social welfare groups or the family members of the children will be responsible for saving another NT$15,000 in the same account every year. [FULL STORY]
