debt repayment 結果共6筆

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.

President Tsai Ing-wen defends her economic policies against accusations of creating future debt burdens, emphasizing that her administration’s actions are investments for the future. She asserts that her government has maintained fiscal discipline and reduced the country’s debt ratio, ultimately alleviating any excessive burden on future generations.

President Tsai Ing-wen expresses gratitude to lawmakers for passing the central government’s record-high budget for 2024, highlighting achievements in salary increases, tax cuts, and welfare improvements. The budget prioritizes social welfare, with a significant increase in long-term care funding. Education, science, and culture spending also receive attention, including a plan to reduce private university tuition fees. The national defense budget reaches a historic high, and efforts towards achieving ’net-zero emissions by 2050’ are emphasized. The administration has successfully reduced debt and improved fiscal discipline, with the debt repayment next year reaching a 23-year high. Taiwan’s overall economic scale has grown under President Tsai’s leadership, with GDP expected to exceed NT＄23 trillion this year.

Taiwan’s President Tsai Ing-wen addressed criticism about her government’s spending and accusations of burdening future generations with debt. She claimed to be the best debt-repaying president and announced that her administration had repaid over NT$800 billion of debt. Tsai highlighted the increases in national spending under her leadership, including a significant hike in the national defense budget to NT$600 billion and a raise in the budget for elderly care from NT$5 billion to NT$80 billion. She also mentioned the expansion of the national child-rearing policy and the progress of the indigenous defense aircraft program. Tsai viewed the construction of a prototype submarine as a milestone that strengthens the island’s defensive capabilities.

Taiwan Railways Administration (TRA) is set to undergo corporatization on January 1, 2024, with the aim of improving punctuality and reducing delays. The agency believes that this transformation, along with the introduction of new trains next year, will enhance its competitiveness in the transport market. The Taiwan High Speed Rail (THSR) has experienced increased passenger numbers recently, leading to capacity shortages and overcrowding in non-reserved seating. Concerns have been raised about the decline in THSR service quality, with some referring to it as ＂high-speed rail becoming like local trains.＂ Under the new Taiwan Railways Corporation, TRA plans to offer services on the eastern main line and support the western short-to-medium-haul network, creating a cooperative yet competitive relationship with THSR. TRA aims to enhance the passenger experience by updating ticket gates and passenger information systems across all railway stations in Taiwan over the next three years. To address the capacity issue, TRA plans to provide shuttle services at Changhua Station and improve inter-rail transfer services. The establishment of the TRA corporation aims to clarify its market positioning, including strengthening intercity transport service between the eastern and western main lines and improving regional commuting transport on the western line. The Ministry of Transportation and Communications (MOTC) has established a debt repayment fund to address TRA’s short-term debt of around NT$170 billion, with the goal of making TRA debt-free by 2025 and profitable by 2028. Post-corporatization, TRA plans to increase revenue and optimize asset management through flexible approaches such as joint development initiatives and land rights establishment.

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.