Taiwan to give cash payouts to all citizens


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 would 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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