Taiwan president promises 3rd relief package to boost economy

President Tsai encourages domestic travel and spending in order to mitigate economic hit from coronavirus

Taiwan News
Date: 2020/08/20
By: Matthew Strong, Taiwan News, Staff Writer

President Tsai Ing-wen (center) meeting business representatives Thursday Aug. 20  (CNA photo)

TAIPEI (Taiwan News) — A third phase of relief measures with a budget of NT$210 billion (US$7.13 billion) and added investment totaling NT$6 trillion should help Taiwan recover from the Wuhan coronavirus (COVID-19) pandemic, President Tsai Ing-wen (蔡英文) said Thursday (Aug. 20).

The new programs arrive on top of previous packages totaling NT$1.05 trillion to help enterprises and workers through the impact of the virus. It forms the largest economic aid program in Taiwan's history, CNA quoted Tsai as saying.    [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.