By: Kuan Jui-ping and Elizabeth Hsu
Taipei, July 12 (CNA) Having just come up with a financial reform plan, the magistrate
of Miaoli County is expected to head for Taipei Monday for the second time in a week to seek a bailout from the central government, according to the county’s Department of Finance.
County Magistrate Hsu Yao-chang’s (徐耀昌) government drew up the reform plan at the suggestion of the Executive Yuan, Taiwan’s top administrative branch, made during Hsu’s visit to Premier Mao Chi-kuo (毛治國) in Taipei on July 10, said the department.
The Executive Yuan warned Hsu that without spending reforms and reforms on the county’s financial structure, no central government bailout will be forthcoming.
In the reform plan, Hsu’s team promises to review extra statutory expenditure and try to increase incomes by collecting entrance fees for public sites, raising the land value and reinforcing auditing measures. [FULL STORY]