Pressure to Raise Electricity Prices in October? Premier Cho Prioritizes Public Stability
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In response to lawmakers' concerns about a potential electricity price hike in October, Premier Cho Jung-tai stated on the 20th that while state-run Taipower's finances need review after absorbing LNG price surges, the government's priority is to stabilize public livelihood. The final decision, he added, rests with a review committee. The inquiry also touched on defense issues, including delays in the delivery of MK-48 torpedoes and the handover schedule for the indigenous submarine, Hai Kun.