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

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]