Taiwan approves US$15.2bil spend to deal with virus


TAIPEI: Taiwan’s parliament has approved an extra 420 billion new Taiwanese dollars (US$15.20bil or RM62.87bil) in stimulus spending to help the economy deal with the Covid-19 pandemic, as the island curbs business activity to counter a spike in domestic infections.

Early and effective prevention steps, including largely closing its borders, had succeeded in shielding Taiwan from the worst of the pandemic.

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