Lai offers universal NT$10,000 cash handout in 2027 budget
Posted on 2026-08-18 06:55:14
President Lai Ching-te says a proposed 2027 central government budget will include 235.7-billion N-T to fund a universal 10,000 N-T cash handout.
Lai says the projected central government revenue for 2027 has been raised to 3.9266-trillion N-T... and that increase will allow the cash handout to be included while maintaining a balanced budget, which also includes "effectively no new borrowing."
The president says the decision was spurred by strong economic growth fueled by booming AI-related industries... and says his administration wants the 'A-I dividend to be shared by all.
Individuals and families will be free to decide how to use the money, citing uses such as education, elder care, household expenses or spending that supports local businesses.
The Presidential Office has not provided any details concerning eligibility, the distribution method or when the cash handout will be paid.
The announcement came after the Directorate-General of Budget, Accounting and Statistics raised its forecast for Taiwan's 2026 economic growth to 11.05-per cent from 9.64-per cent last Friday.
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