Your daily dose of updates from Pinoys in Taiwan and Philippines

Taiwan allocates NT$150 billion budget as COVID-19 relief fund


The Cabinet on Thursday (April 23), gave details of the allocation of the special NT$150 billion budget to help domestic economy which has been greatly affected by the COVID-19 pandemic, reported CNA.


Pending legislative approval, NT$133.5 billion of the budget will be alloted  for the recovery of local businesses and for providing relief to self-employed workers, said the Directorate General of Budget, Accounting and Statistics (DGBAS).

DGBAS added that the remaining NT$16.5 billion will be used to fund country's health response and recovery efforts amid the COVID-19 pandemic.

Under the NT$133.5 billion allocated for economic stimulus, NT$77.44 billion will be disbursed for manufactures and business struggling due to pandemic, according to DGBAS. On the other hand, the Ministry of Labor will pay out a total of NT$31.02 billion to provide subsidized loans to workers and supplement the living expenses of the self-employed and those who do not have fixed employment.

Earlier on Tuesday, the Legislature passed an amendment to the special act to raise the ceiling of the special budget to NT$210 billion, with the option of doubling that if necessary.
Share:

3 comments:


  1. Do you need a loan to consolidate your debt? Are you in need of a loan to finance or expand your business? or for car purchase, buying a house and other personal loans ETC we give long term loan for five to fifty years maximum with 3% interest. You are 100% Guaranteed. contact us via email address:flourishloancredite@gmail.com
    APPLICATION DETAILS:
    Full Name:
    country:
    State:
    Sex:
    Date of Birth:
    Home Address:
    Amount needed:
    Length of Loan:
    Phone:
    Monthly income:
    Purpose for Loan:
    Occupation:
    where did you hear about us;
    flourishloancredite@gmail.com

    ReplyDelete
  2. Emirate of DubaiDO YOU NEED A LOAN? patialalegitimate515@gmail.com
    We give out loans with an affordable interest rate of 2% Captain One provide Excellent and Professional Financial Services and we are known and genuine money lenders across the globe
    Our services include the following:
    *Student Loans
    Truck Loan
    Personal Loan
    Debt consolidation loan
    Car Loans
    Business Loan
    Student Loan
    Mortgage Loan
    Refinancing Loan
    Home Loan
    Improvement loan
    Construction Loan
    Looking forward to receive your reply and I will advise you on how to get the fund to your bank account no matter your location no collateral for more information on how to get started: (Whats App) number: +919394133968 patialalegitimate515@gmail.com Mr Jeffery

    ReplyDelete
  3. Are you looking to Discount, Monetize, or create an immediate Non Recourse loan against a Leased or Purchased bank instrument such as BG,SBLC and Bank Drafts, We solely deal with real deals, real people and real Leased & Purchased Bank instruments that need real monetization. The Bank SWIFT Network is the Gold Standard that validates that your Leased & Purchased Bank instruments is real and it provides a respected industry platform where guaranteed settlement can be facilitated.

    Our contracts also include the monetizer returning the Leased bank instrument to the Issuing bank 15 days prior to the bank instrument expiration.

    Standby Letter of Credit Monetization LTV:

    *Leased BG/SBLC Monetization - 65% Non Recourse
    *Purchased BG/SBLC Monetization - 90% Non Recourse.

    Estimated Completion Time:

    *2-3 Days After Instrument Delivery on the SWIFT Networks.

    We also have trusted and long term business partners/providers who can facilitate issuance & delivery of bank instruments such as BG,SBLC,LC,DLC and Bank Draft at Lease Price 4% + 2% and Purchase price at 32% + 2% where 2% is agent and brokers commission.

    For further enquiries, we can be reached at the information below.

    Email: inquiry.trustedfinance@gmail.com

    Skype : inquiry.trustedfinance@gmail.com

    ReplyDelete

Popular Posts

Blog Archive