TAIPEI (TVBS News) — Premier Cho Jung-tai (卓榮泰) sought to ease public concerns on Tuesday (Sept. 3) at the first "Economic Development Advisory Conference," affirming that the government has no intention of imposing loan restrictions.
Emphasizing a commitment to maintaining financial market stability, Cho sidestepped direct media questions with a smile, instead focusing his speech on the government's role in safeguarding societal stability and public confidence.
Nearly 60 advisors attended the meeting, representing sectors such as semiconductors, finance, and traditional industries. Notable attendees included former TSMC Chairman Mark Liu (劉德音) and Foxconn Chairman Young Liu (劉揚偉).
Recent reports indidcate many citizens face delayed house handovers or breaches of contract due to fully utilized bank loans, leading to public discontent. Cho stated that the government has the tools to address these issues gradually and reasonably without disrupting Taiwan's sound financial market, aiming to ease public anxiety.
A day earlier, the Central Bank of the Republic of China (中央銀行) issued a press release detailing four measures banks will adopt to prioritize loan needs for first-time homebuyers and young families. The central bank also provided 15 hotlines for public inquiries.
