Cho Jung-tai: After Budget Submitted to Committee, Agencies Instructed to Execute 71.8 Billion NTD in New Projects
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AI Summary (NQ-processed)
Following a cross-party consensus in the legislature, Taiwan's national budget will be reviewed by committees. Premier Cho welcomed the agreement and directed agencies to execute 71.8 billion NTD for 38 new projects, including childcare and TPASS.
AI Analysis
Frequently Asked Questions
- Q: What will happen to the annual budget proposal agreed upon by the Legislative Yuan?
- A: It will be officially sent to the committee on the 21st, and specific deliberations are scheduled to begin.
- Q: What will the new 71.8 billion yuan budget be used for?
- A: It will be used for 38 items of livelihood and infrastructure plans, including childbirth subsidies for addressing the declining birthrate, subsidies for transportation IC cards (TPASS), and flood control measures.
- Q: What is the status of the military and defense-related budget?
- A: The Speaker of the Legislative Yuan, Han Kuo-yu, has convened consultations between the ruling and opposition parties, but no agreement has been reached on the special bill for strengthening defense capabilities, and discussions are ongoing.