COVID-19: The Executive Yuan approves proposal for more relief funds - News Summed Up

COVID-19: The Executive Yuan approves proposal for more relief funds


COVID-19: The Executive Yuan approves proposal for more relief fundsStaff writer, with CNAThe Executive Yuan on Thursday approved a government proposal to allocate an additional NT$160 billion (US$5.78 billion) for COVID-19 relief and prevention. Most of the new funds would go toward the Quintuple Stimulus Vouchers program, which is to begin on Oct. 8, to spur economic recovery, the Executive Yuan said. The program is to receive NT$120.69 billion, with each eligible person receiving NT$5,000 of vouchers, a supplementary budget from the Directorate-General of Budget, Accounting and Statistics (DGBAS) showed. Having cleared the Cabinet, the NT$160 billion supplementary budget proposal is to be submitted to the legislature for review. An amendment to the Special Act for Prevention, Relief and Revitalization Measures for Severe Pneumonia With Novel Pathogens (嚴重特殊傳染性肺炎防治及紓困振興特別條例規定) caps the special budget for COVID-19 response at NT$840 billion.


Source: Taipei Times September 10, 2021 15:56 UTC



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