Premier Su Tseng-chang said the island’s economic growth will be shared by everyone. Read more at straitstimes.com.
TAIPEI - Taiwan plans to give cash payouts of nearly US$200 to every Taiwanese this year, Premier Su Tseng-chang announced on Wednesday, saying the island’s economic growth will be shared by everyone.grew 6.45 per cent in 2021, the fastest rate since it expanded 10.25 per cent in 2010.
Mr Su said a total of NT$140 billion, part of the tax revenue, would be spent as cash payouts and each citizen would get NT$6,000. “We wish to give all Taiwanese a New Year blessing after the beginning of the Lunar New Year,” Mr Su told reporters, referring to the week-long holiday that starts on Jan 20.Taiwan is a major producer of semiconductors used in everything from cars and smartphones to fighter jets.
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