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Taiwan Boosts Relief Package Amid Debt Concerns

7/13/2025

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Story summary
  • Taiwan's legislature has greenlit a significant relief package, boosting the budget from NT$410 billion to NT$545 billion. This initiative promises NT$10,000 cash handouts alongside vital funding for economic resilience and social support. While the KMT and TPP rallied behind the budget, the DPP raised alarms about rising national debt and Taipower subsidies.