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Taiwan govt US$900 million budget cut threatens tech subsidies and water infrastructure

Bryan Chuang, Taipei; Heidi Tai, DIGITIMES Asia 0

Credit: MOEA

The recently approved amendment to Taiwan's Act Governing the Allocation of Government Revenues and Expenditures has resulted in a NT$375.3 billion (approx. US$11.8 billion) annual reduction in regular revenue for the central government. Minister of...

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