GDP growth is expected to be above 7%: ministerUNAFFECTED: Institutions remain optimistic about the economy, given its shift toward the AI industry, as the Middle East war has limited impact on AI developmentBy Chen Cheng-hui / Staff reporterTaiwan’s economic growth is still expected to be higher than 7 percent this year if the Middle East war ends soon, National Development Council (NDC) Minister Yeh Chun-hsien (葉俊顯) said yesterday, citing the latest GDP growth forecasts by seven institutions. Four forecast GDP growth above 8 percent, one predicted 7.28 percent, and two projected 6.92 percent and 6.22 percent, Yeh said at a news conference following an Executive Yuan meeting in Taipei. “Economic growth this year should not differ significantly from the Directorate-General of Budget, Accounting and Statistics’ [DGBAS] forecast of 7.71 percent,” he said. National Development Council Minister Yeh Chun-hsien attends a news conference at the Executive Yuan in Taipei yesterday. The conflict in the Middle East is impacting global energy supplies and market confidence, and exacerbating volatility in financial markets.

Source: Taipei Times April 02, 2026 17:47 UTC