NDC plans additional Covid relief budget

28 May, 2021

Courtesy of ICRT

The National Development Council says it plans to allocate an additional NT$210 billion budget to the government's coronavirus relief fund.

The move comes in response to a rise in domestic cases in recent weeks.

According to council minister, Kung Ming-hsin, the additional funding is expected to go toward helping the hardest-hit individuals and industries and to provide more loans to people in need."

Kung says a one-time subsidy ranging from NT$10,000-30,000 is planned for individuals such as farmers, fishermen, tour guides, taxi drivers and the self-employed.

Employees in industries suffering significant economic impact could each get NT$20,000 in subsidies per month while people with low incomes could get NT$4,500.

Cabinet spokesman Luo Bing-cheng said the budget is designed as a bailout rather than an economic boost, so there are no plans to issue consumption vouchers.

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