Local government debt tops NT$79 billion

Local government debt reached NT$793.9 billion (US$26.09 billion) last year, with the six special municipalities comprising 81 percent of the total, or NT$644.5 billion, Ministry of Finance data ...

Strong growth credited for tax surplus

The difference between the government’s GDP projection and the nation’s real economic performance accounts for a tax surplus from last year, finance officials told lawmakers yesterday. The comments ...