Health

Taiwan Government Handouts Start This Week

An estimated 900,000 people in Taiwan will receive government handouts by the end of this week to help alleviate financial worries brought about by the COVID-19 pandemic.

Speaking yesterday, Taiwan’s Premier Su Tseng-chang indicated this would be broken down into 710,000 lower income households receiving NT $1,500, as well as 58,000 of Taiwan’s taxi and long distance bus drivers reliant on tourism receiving salary subsidies of NT$ 10,000 each.

In a similar form to the British government of Boris Johnson covering a portion of a pandemic-affected company’s wage bills under its now famous ‘furlough‘ system, the government will also cover payments of up to 40% of monthly wage bills for 37,000 of those hit by the pandemic starting this week.

All of these payments will be issued for a period of three months while another 100,000 people falling under the title of ‘self-employed’ with a monthly salary lower than NT $24,000 will each receive one off payments of NT $30,000 by the end of this week according to Premier Su.

A cabinet level meeting later today will see the approval of an additional budget for 2020 to cover the outlay.

The payments are being described as helping those considered most in need while the pandemic plays out, as opposed to being available to the wider population of Taiwan.

Life in Taiwan continues largely unaffected by the virus for most people, although in recent weeks the government has encouraged social distancing measures and reinforced its mask supplies while instructing a limited number of businesses to close down.

 

 

Mark Buckton

Mark is a journalism vet of 20 years with most of those years spent in Tokyo, Japan, as a columnist for The Japan Times and numerous other publications. His work has appeared on CNN, in the BBC, NPR, and in several dozen other media forms and publications across five continents.

Recent Posts

Rose Handbury denies any rumors of affair with Prince William: Report

You must have seen that rumors are making rounds regarding Rose Hanbury's alleged affair with…

2 months ago

Bank of Japan finally ends its negative lending rate era: Report

In a historic move, the Bank of Japan (BOJ) has increased its key interest rate…

2 months ago

F1 Rookier Oliver Bearman scores points in his debut race for Ferrari

In the Formula 1 World, things are very uncertain and same was the case last…

2 months ago

Jos Verstappen will skip the Saudi GP amid tensions with Red Bull team principal

The Formula One world has been rocked by escalating tensions within the Red Bull Racing…

2 months ago

Jos Verstappen calls for Red Bull team principal Christian Horner to step down

Jos Verstappen, father of Red Bull Racing's star driver Max Verstappen, has publicly stated that…

2 months ago

Rublev defaulted from Dubai Tennis Championship due to yelling on chair umpire

In a dramatic turn of events at the Dubai Tennis Championships, Russian tennis star Andrey…

2 months ago