GDP per capita could surpass US$40,000: ChoRISING WAGES Both the GDP per capita and monthly minimum wage are increasing as Taiwan ably surfs the AI boom’s global economic swellBy Hollie Younger / Staff writer, with CNATaiwan’s GDP per capita could exceed US$40,000 this year and the monthly minimum wage could top NT$30,000 if the economy continues its steady growth trajectory, Premier Cho Jung-tai (卓榮泰) said yesterday. Taiwan reported economic growth of 8.63 percent last year, with GDP per capita rising to US$39,477 amid favorable economic conditions, Cho said, adding that the nation’s stock market reached 33,000 points. Photo: CNAEchoing President William Lai’s (賴清德) call for the Legislative Yuan to pass the government’s proposed NT$1.25 trillion (US$39.7 billion) special defense budget, Cho said he sees signs of hope emerging in the legislature. Regarding controversies involving military pay raises, the Executive Yuan would seek a constitutional judgement, Cho said. Cho said he hoped that after the Lunar New Year recess, the legislature would review the special defense budget and the general budget to improve security.
