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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Elections & Politics

Taiwan President laments budget delay, warns against harming national interests

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

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  • Taiwan's President Lai Ching-te expressed frustration over the delayed passage of the national budget, noting it's unprecedented in the legislature's history.
  • He highlighted a proposal to freeze NT$44.2 billion in economic ministry funds over six years, intended to support the drone industry, as a point of concern.
  • Lai emphasized the importance of prioritizing national interests over political competition, particularly in developing critical industries like drones for national defense.

Taipei, Taiwan โ€“ President Lai Ching-te voiced his dismay over the stalled national budget, stating that the legislature has never before failed to pass essential funding halfway through the year. He stressed that while political competition is inherent in a democracy, it should not come at the expense of the nation's and its people's interests.

Lai specifically pointed to a proposal that seeks to freeze NT$44.2 billion in economic ministry funds over the next six years. These funds are earmarked for fostering the development of the drone industry, a sector Lai deems crucial for Taiwan's future. He expressed his frustration, calling the proposal "helpless."

Political competition is inevitable, but the interests of the people and the nation cannot be destroyed.

โ€” Lai Ching-tePresident Lai Ching-te speaking about the importance of passing the national budget and prioritizing national interests over political disputes.

The president reiterated the government's commitment to supporting small and medium-sized enterprises in developing the drone sector. He noted that while the Ministry of National Defense is the primary user of drones, the Ministry of Economic Affairs plays a vital role in nurturing the industry. Lai emphasized that the government's role is to clear obstacles and pave the way for businesses, ensuring sustainable and balanced economic growth.

Earlier, the government had proposed a special budget of NT$210 billion for drone procurement as part of national defense initiatives. Although a previous proposal for drone-related budgets was deleted, the government remains dedicated to advancing the drone industry. Lai urged that political disputes should not impede progress on initiatives vital for national security and economic development.

There is a proposal to freeze all of the Ministry of Economic Affairs' budget of NT$44.2 billion for the next six years, which is helpless.

โ€” Lai Ching-tePresident Lai Ching-te expressing frustration over a proposal to freeze funds allocated for the drone industry.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.