Short-term relief measures will prevent businesses from shutting down in next six months.
By: George Liao, Taiwan News, Staff Writer
The mayor's new measures include “time extensions to file tax returns,” “rent reduction,” “price reduction,” “interest rate cuts,” “subsidies,” and “tax cuts,” UDN reported.
Ko said that judging from the evolving situation of COVID-19 around the world, the pandemic will not resolve itself quickly.
The mayor added that the short-term relief measures are being put in place to prevent businesses from shutting down, which would cause a great number of workers to lose their jobs in the next six months. As for a mid-term plan, Ko referred to a multi-billion dollar relief package that the central government is putting forth. [FULL STORY]