Mon, Nov 18, 2013 - Page 8 News List

Borrowing more money is not OK

By Huang Shih-chang, Wu Hui-lin 黃勢璋,吳惠林

This is why, as Taiwan is facing its current fiscal difficulties and national debt is bringing the nation to the edge of the cliff, we again call on the president to rein in his horses and stop raising the debt so that long-term sustainable development for coming generations can be promoted.

This is a situation that cannot be faced with the mindset that it is okay to borrow more money.

Wu Hui-lin is a researcher at the Chung-Hua Institution for Economic Research. Huang Shih-chang is an assistant researcher at the institution.

Translated by Perry Svensson

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