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Realtime News
Home > News > Realtime News
Home > News > Realtime News
Taipei rejects proposed 20,000 N.T.-dollar cash payment
Posted on 2026-08-18 16:23:13
The Taipei City Government says it does not have the financial capacity to
give residents a 20-thousand N.T.-dollar cash payment.

The proposal came from DPP City Councilor Hung Chien-yi (洪健益) after Mayor
Chiang Wan-an said the central government's planned 10-thousand N.T.
universal payment should be doubled.

Hung argued Taipei has enough accumulated budget surpluses to fund its own
payment without borrowing.

But the city's Finance Department says those surpluses are needed to cover
future spending and debt repayments.

It says Taipei's financial situation is different from that of the central
government and does not support a universal cash handout.

(PB)

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