Lai Proposes NT$10,000 Cash Handout in 2027 Budget | Taiwan News | Aug. 17, 2026 16:11
Lai said the plan would use higher revenue from AI-driven growth to keep the budget balanced and avoid new borrowing.
- On Monday, President William Lai announced that Taiwan's 2027 budget includes a universal NT$10,000 cash handout for all citizens, funded by NT$235.7 billion in new spending.
- Strong economic growth, forecast to reach a 39-year high, enables the government to share what Lai described as an AI-related dividend without increasing public debt.
- The proposed NT$3.9266 trillion budget allocates NT$373 billion for family support and pushes defense spending to NT$1.1225 trillion, exceeding NT$1 trillion for the first time.
- Lai hopes the opposition-controlled Legislature will review the budget on schedule, though the Presidential Office has not provided eligibility details for the cash distribution.
- Implementation of the Smart Nation 2.0 plan and increased local government support aim to ensure economic gains benefit all citizens while maintaining long-term financial discipline.
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Taiwan's President, Lai Ching-te, announced a plan according to which each person will receive next year a universal aid worth 10,000 new Taiwanese dollars (approximately 314) in cash, a possible measure thanks to the strong economic growth boosted by the rise of artificial intelligence (AI).
Universal NT$10,000 (USD 314.44) Cash Handout to Be Included in 2027 Budget: Taiwanese President Lai
Get latest articles and stories on Business at LatestLY. President Lai Ching-te said Monday that the proposed 2027 central government budget will include NT$235.7 billion (USD 7.401 billion) to fund a universal NT$10,000 (USD 314.15) cash handout, citing strong economic growth fueled by booming AI-related industries, Focus Taiwan CNA English News reported. Business News | Universal NT$10,000 (USD 314.44) Cash Handout to Be Included in 2027 Budge…
Universal NT$10,000 (USD 314.44) cash handout to be included in 2027 budget: Taiwanese President Lai - The Tribune
President Lai Ching-te said Monday that the proposed 2027 central government budget will include NT$235.7 billion (USD 7.401 billion) to fund a universal NT$10,000 (USD 314.15) cash handout, citing strong economic growth fueled by booming AI-related industries, Focus Taiwan CNA English News reported.
Universal NT$10,000 cash handout to be included in 2027 budget: Lai
Taipei, Aug. 17 (CNA) President Lai Ching-te (賴清德) said Monday that the proposed 2027 central government budget will include NT$235.7 billion (US$7.401 billion) to fund a universal NT$10,000 cash handout, citing strong economic growth fueled by booming AI-related industries.
Lai announces NT$10,000 cash handout next year
The government would distribute a NT$10,000 cash handout to all citizens next year as Taiwan’s economy continues to grow, President William Lai (賴清德) said today, emphasizing that economic growth could reach a 39-year high.The president made the remarks this morning at the Presidential Office after b
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