budget surplus 結果共5筆

The Minister of the Directorate-General of Budget, Accounting and Statistics in Taiwan clarifies that there will be no general cash distribution from tax surplus this year, despite speculation. The surplus, amounting to NT$386 billion, will not lead to a repeat of last year’s NT$6,000 distribution due to financial considerations and the need for special legislation.

Taipei’s Executive Yuan Spokesperson, Lin Tze-luen, announced a budget surplus for the 2023 fiscal year, attributing the achievement to the combined efforts of civil society and the government. The surplus will be allocated responsibly to maintain fiscal discipline, primarily focusing on debt reduction and infrastructure investment. Taiwan’s economy has experienced consistent growth, resulting in a budget surplus for seven consecutive years. In 2022, the surplus reached an impressive NT$500 billion, leading to a proposed special budget of NT$380 billion. This special budget aims to enhance economic and social resilience, with provisions such as a cash payment of NT$6,000 per citizen, support for labor and health insurance programs, and assistance for Taiwan Power Company. Additionally, the special budget includes programs to aid residential loan holders from the middle class and below. Lin emphasized the government’s commitment to considering public opinion and promoting national affairs to facilitate Taiwan’s sustainable development.

Taiwan’s government confirms budget surplus, prioritizes debt repayment and infrastructure investments. Cabinet spokesman Lin Tze-luen expresses gratitude for joint efforts leading to economic growth. Taiwan’s annual tax revenue exceeds target, reaching NT$367.1 billion in fiscal year 2023, marking the third-highest record. Speculation arises on possible cash rebate as government distributed NT$6,000 to citizens in 2022 surplus. Lin Tze-luen declares government will consider public opinion on surplus utilization. Surplus will be applied with fiscal discipline, focusing on debt repayment and infrastructure investments. Efforts will be made to meet national and individual needs for sustainable development.

The Taiwanese government plans to prioritize repaying public debt by using tax revenue that exceeds budget projections, according to Finance Minister Chuang Tsui-yun. The total budget for debt repayment in 2023, amounting to NT＄111 billion, was fully executed by June, with an additional NT＄15 billion paid in November. Chuang emphasized that if there is a surplus in the year-end financial outcome, the nation’s resources should be allocated for optimal use. The surplus in tax revenue will be apportioned first to debt repayment in accordance with the regulations of the Public Debt Act. Tax revenue for the first ten months of the year reached NT＄3.0223 trillion, setting a record high for the same period compared to previous years, with a 6.9% increase. It is expected that full-year tax revenue will surpass budget estimates by NT＄300 billion to NT＄370 billion. The opposition party has called for a redistribution of the tax benefits back to the citizens.

Taiwan’s Executive Yuan has approved a budget of NT＄6,000 for each citizen and eligible foreign nationals in the hopes of providing economic relief in the wake of the  soaring costs of living.