Su (right) said a total of 140 billion Taiwanese dollars (RM20bil), part of the tax revenue, would be spent as cash payouts and each citizen would get 6,000 Taiwanese dollars (RM861). — Reuters
TAIPEI: Taiwan plans to give cash payouts of nearly US$200 (RM880) to every citizen this year, Premier Su Tseng-chang announced yesterday, saying the island’s economic growth will be shared by everyone.
The export-reliant economy, a global tech powerhouse for products, including semiconductor chips, grew 6.45% in 2021, the fastest rate since it expanded 10.25% in 2010.
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