Taiwan premier ties future cash payments to economic outlook

TAIPEI (TVBS News) — Premier Chen Chien-jen on Tuesday (March 5) stated the decision on further cash payments to the public will depend on the economic conditions of 2025 and 2026.

Chen emphasized the government may need to prioritize spending on National Health Insurance, labor insurance, and subsidies for Taiwan Power Company given the current fiscal situation.

Chen made these remarks in response to questions during a hearing at the Legislative Yuan. Legislator Ho Hsin-chun raised the matter, citing the popularity of the policy of the 2023 universal distribution of NT＄6,000 cash payments, a result of shared economic prosperity. She asked if another round of payments could be possible if fiscal conditions allow.

Responding to Chen, Ho agreed with the Premier's priority on labor insurance and Taipower's needs, emphasizing the importance of assuring workers and ensuring stable electricity prices. However, Ho suggested the government should consider launching impactful and convenient policies if there is a fiscal surplus, including the potential for additional cash payments.

As discussions continue, it becomes clear that the government's fiscal decisions will largely influence Taiwan's social policy moving forward in the coming years. The balance between maintaining health care, workers' safety, power stability, and public satisfaction is set to be a significant challenge.

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