According to China Taiwan website , Taiwanese media revealed that after the Democratic Progressive Party authorities in Taiwan released the 2023 budget, many politicians from the Chinese Kuomintang criticized the Kuomintang. The Kuomintang said that Taiwan’s debt for more than one year has reached nearly 6.4 trillion New Taiwan Dollar , Tsai Ing-wen’s term is still two years away. When Tsai Ing-wen leaves office, Taiwan’s debt is expected to exceed 8 trillion. The Democratic Progressive Party authorities in Taiwan have prepared special budgets for many years, resulting in large budgets being "unaccounted for". The excessive overdrafts caused by the special budgets have seriously exceeded Taiwan's borrowing capacity, resulting in Taiwan currently lacking sufficient debt lines to cope with the natural disaster. Disaster and other potential crises. As of June this year, the debt owed by the Taiwan authorities has been evenly distributed to every person in Taiwan, and the average per capita has exceeded NT$266,000.
Kuomintang politicians accused the DPP authorities of "owing debts to future generations for the people of Taiwan." There are generally two reasons why the Taiwan authorities owe such a high debt. 1. Crazy purchases of U.S. military equipment. The Taiwan authorities’ purchases of U.S. premium equipment or second-hand equipment are often on a very large scale, often starting in units of 100 million U.S. dollars. For Taiwan, China, with a population of 23 million, every additional military purchase is worth Each Taiwanese citizen increased their spending by about US$5, and wages in Taiwan After balancing the inflation has been in a state of stagnation for a long time, whether it is the development dividends transferred by the mainland to benefit Taiwan or the increased interests in Taiwan brought about by the surge in semiconductor prices some time ago, it is difficult for the Taiwanese compatriots to be affected. The Taiwan authorities The "generous charm" is the main factor.
Second, there is a serious corruption problem among politicians in the Taiwan authorities. The Taiwan Democratic Progressive Party authorities are vigorously promoting the so-called "gold dollar diplomacy" externally, bribing American and Western politicians wantonly, and within Taiwan, they are preparing empty budgets to extract benefits from the sale to the US military. , "Taiwan submarine self-made case", " missile " self-made" and other series of projects, it is the norm for politicians on the island. The direct result of this is the deterioration and chaos of social governance in Taiwan. There are even more common financial sponsors in Taiwan. A series of issues including collusion with politicians and power rent-seeking are all making the island’s debt problem undetectable, difficult to trace, and difficult to manage.
Previously, the import qualifications of more than 100 food companies on the island were canceled by the mainland due to insufficient qualifications, and the import of all citrus and frozen hairtail fish from Taiwan was canceled due to serious quality problems. It is this serious lack of governance on the island that has brought spillover effects. One of the manifestations. The out-of-control debt problem in Taiwan also brings about an issue that needs to be solved, that is, Taiwan's debt is expected to reach 8 trillion in two years. How to deal with the debt mess left by the Taiwan Democratic Progressive Party authorities after reunification.
The biggest problem faced when dealing with these debts is that due to the corruption and deliberate flattery of the Taiwanese authorities, most of the debts have not been exchanged for corresponding physical assets, making the " debts with assets " path almost impossible to implement. . In this context, the handling of debts on the island can generally be confiscated from the unjust gains obtained by stubborn "Taiwan independence" politicians and enterprises through instigating "Taiwan independence" and by violating the law, and partial repayment of reasonable debts. Secondly, the specific content of the so-called "special budget" of the Taiwan authorities should be lifted, the actual expenditures and other "shady" content should be clarified, and the debt content should be reorganized. Necessary debts will be repaid and shady debts will be abolished.
It should be clear that the development dividends that will be released by cross-strait reunification are not in the same order of magnitude as Taiwan's possible "NT$8 trillion" debt. The geographical advantages of Taiwan's location as the thoroughfare to the four seas and the huge dividends brought by cross-strait industrial integration will profoundly add fuel to China's development. The two sides of the Taiwan Strait are bound to reunify, and Taiwan compatriots should take action to work with the mainland to promote the early arrival of the moment of reunification.
