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TAIWAN PREMIER DENIES SEEKING INCREASE IN GOV'T DEBT ALLOWANCE.
TAIPEI, March 3 Asia Pulse - Premier Yu Shyi-kun denied that the assessment of national assets is not being carried out for the purpose of raising the ceiling on the government's debts.
The premier made the remarks when he presided over a meeting of the National Assets Management Committee.
Yu said a recent assessment on national assets put them initially at NT$19.2 trillion (US$548.57 billion), which was a big increase from the NT$6.9 trillion of the previous year and was interpreted by some as an attempt to raise the ceiling for government debts.
The premier said that such ...
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Source: HighBeam Research, TAIWAN PREMIER DENIES SEEKING INCREASE IN GOV'T DEBT ALLOWANCE.