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Executive Yuan Pushing 5th Wave Of Subsidies
Posted on 2021-07-29 17:06:04
The Executive Yuan is in talks for a fifth wave of subsidies.

Executive Yuan Spokesperson Luo Bin-cheng says there needs to be a fifth
round of subsidies, but that the government must first take inventory and
assess the benefits of the recent fourth round.

Luo says last year's triple stimulus vouchers yielded more than 100 billion
NT in economic benefits.

Luo adds that some industries hard-hit by the pandemic only have subsidies
through the end of this month, and more industries continue to be heavily
affected, even after the lowering of the alert level to 2.

As for a rollout schedule, Luo estimates there is only around 160 billion NT
remaining in the special budget, so a new rollout of subsidies still requires
thorough deliberation before action can be taken.

(TT)

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