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Premier: Second-stage COVID-19 relief may surpass NT$1 trillion

  • 24 April, 2020
  • Leslie Liao
Premier: Second-stage COVID-19 relief may surpass NT$1 trillion
Premier Su Tseng-chang

Premier Su Tseng-chang says that more than NT$1 trillion (US$33 billion) may go into a second-stage government relief package to help deal with the effects of COVID-19. Su was speaking at the Legislature on Friday. 

Su says the Cabinet will continue monitoring developments in the COVID-19 pandemic before proposing such a relief package. 

An initial stimulus package of NT$210 billion (US$7 billion) is awaiting legislative approval. It focuses on protecting families, industry, manufacturing, and underprivileged people.

Su says a second-stage relief package would focus on propping-up industries, curbing unemployment, ensuring supplies, and encouraging cash flow.

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