The government has already spent NT$200 billion (US$6.8 million) helping firms combat the COVID-19-related slowdown. Stimulus 3.0 is likely to add another NT$200 billion of relief, which would be allocated to support Taiwanese businesses hardest hit by COVID-19, mostly in the manufacturing sector, Wang said. “Orders in the traditional manufacturing sector such as textile and heavy machinery industries have dried up severely,” she said. Separately, people have claimed nearly 6.7 million vouchers as part of the government’s Triple Stimulus Voucher program, which started on Wednesday, with 1.73 million claimed electronically, the ministry’s data showed. Businesses can take the vouchers to banks or post offices to exchange them starting from Thursday next week, it said.

Source: Taipei Times July 17, 2020 15:56 UTC