Taiwan's NT$10,000 Handout: Mayor Chen Chi-mai Explains Budget Process Amid Criticism

President Lai Ching-te's announcement of a NT$10,000 cash handout for citizens next year has sparked debate, with some critics calling it a "toll fee for the total budget." Kaohsiung Mayor Chen Chi-mai addressed these concerns, emphasizing that such distributions, whether cash or vouchers, necessitate specific legislation and budget allocation.

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The 'toll fee for the total budget' statement might stem from a lack of understanding of the national budget system.

Chen clarified that the budget must be formally prepared by the Executive Yuan and approved by the Legislative Yuan, ideally before the end of the year, to ensure citizens receive the funds before the Lunar New Year. He suggested that the criticism might stem from a misunderstanding of national budget procedures.

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I hope the budget can be reviewed quickly this year, and everyone can receive NT$10,000 before the Lunar New Year next year.

Responding to accusations that the handout contradicts the ruling party's past stances, Chen attributed the current feasibility to Taiwan's robust economic performance. He highlighted the nation's highest economic growth rate in 39 years, significantly boosted by the AI industry. This economic strength, he argued, allows the government to provide financial assistance to low- and middle-income households and citizens, framing it as a positive measure contingent on prevailing economic conditions.

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This year is because the national economic growth rate has reached a 39-year high, and we have benefited from the AI industry. The overall economic situation is good, so the government is distributing cash to help low- and middle-income households or citizens.