Taipei Times
AsiaPac · 1 hrs ago
Executive Yuan approves record budget
SUPPLEMENTRY FUNDING: The Cabinet’s proposal would provide CPC NT$233.8 billion to offset its losses, officials said, adding that its work is a national security issue By Chung Li-hua and Jonathan Chin / Staff reporter, with staff writer Add TT as Preferred Source The Executive Yuan yesterday approved a record NT$607.63 billion (US$19.13 billion) supplementary budget, including NT$421.3 billion to stabilize the economy and NT$145.69 billion for weapons procurement.The budget was carefully planned to have no effect on fiscal planning or the national debt, officials told a news conference, calling on the legislature to support the bill.Measures to stabilize the economy amid conflict in the Strait of Hormuz accounted for the largest share of the budget, a Directorate-General of Budget, Accoun
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