Taiwan: $2.77B corona relief

Phnom Penh Post
Date: 01 March 2020

Pedestrians wait to cross a street next to Taipei 101 building (background centre), Taipei. AFP

Taiwan’s Cabinet passed a NT$60 billion ($1.98 billion) budget on Thursday for relief measures to cushion the blow of the coronavirus outbreak on businesses, medical personnel and patients.

The fund – half from last year’s budget surplus and half national debt – was pooled from 11 government ministries and councils, and is intended to last until June 2021.

The measures, passed by Taiwan’s legislature in an 18-article Bill on Wednesday, will give subsidies to those working on the front line of outbreak prevention, including medical personnel, and provide additional compensation should their work result in illnesses or death.

“Premier Su Tseng-chang has asked the responsible departments to finish making the sub-laws, and for the money to be spent wisely,” said Executive Yuan spokesman Kolas Yotaka on Thursday.    [FULL  STORY]

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