Virus Outbreak: Premier approves NT$60bn relief plan

BOOSTING SALES: One measure involves coupons that would be redeemable at night markets, while the Council of Agriculture is to redouble efforts to increase exports

Taipei Times
Date:  Feb 14, 2020
By: Sean Lin  /  Staff reporter

Premier Su Tseng-chang (蘇貞昌) yesterday approved relief measures totaling at least NT$60

People visit Fengjia Night Market in Taichung yesterday.
Photo: Liao Yao-tung, Taipei Times

billion (US$2 billion) for sectors affected by an outbreak of COVID-19 in China, including coupons that can be used at night markets and shopping districts.

Relief funds would come in two forms: appropriation from existing budgets of agencies concerned with relief efforts and a planned special budget, which would have a ceiling of NT$60 billion, Executive Yuan spokeswoman Kolas Yotaka said.

The Disaster Prevention and Protection Act (災害防救法) stipulates that government agencies at all levels should appropriate existing budgets to cover more urgent needs for disaster relief, she said, adding that relief funds allocated this way would be disbursed immediately.

The special budget would be sourced from the government’s surplus revenue and funds freed up by the Directorate-General of Budget, Accounting and Statistics, she said.   
[FULL  STORY]

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