The long-stalled budget for the partial funding of a US arms procurement deal passed the legislature yesterday, about six years after the weapons sale was approved by the Bush administration in April 2001.
The funding was sourced from the defense ministry's annual budget included in the Cabinet's total budget request for the current fiscal year, which also cleared the legislature yesterday.
On the last day before the legislature adjourned for its summer recess yesterday, lawmakers finally finished their review of the central government's budget bill, more than half a year behind the deadline set by the Budget Act (
The arms package offered by the US includes 12 P-3C Orion maritime patrol aircraft, eight diesel-electric submarines and six PAC-3 anti-missile batteries.
The government's proposal to buy the three major weapons systems for NT$610.8 billion (US$18.5 billion) was sent to the legislature for review in June 2004 in the form of a special budget, but had been blocked by the pan-blues ever since.
The pan-blue camp argued that the price was too high and insisted that the package had to be included in the annual military budget rather than a special budget.
After a series of revisions, the arms proposal took the form of a NT$6.2 billion supplemental budget for fiscal 2006 and a NT$54.7 billion annual budget item for fiscal 2007.
The NT$6.2 billion supplementary budget is still stalled in the legislature, while the NT$54.7 billion allocation from the annual budget was cut to NT$25.7 billion yesterday.
Part of the budget passed yesterday would fund an upgrade plan for PAC-2 Patriot Missile Batteries and the purchase of P-3C Orion Maritime Patrol Aircraft.
Meanwhile, the budget to assess the feasibility of the submarine purchase was slashed from NT$4.537 billion to NT$200 million, while that for buying F16 C-D fighters was passed but frozen.
The legislature demanded that the defense ministry brief the legislature on the US proposal to sell Taiwan the F16 fighters by the end of October.
The People First Party (PFP) legislative caucus proposed a motion to cut all funding for the three weapons systems, but the motion failed in the absence of support from the Chinese Nationalist Party (KMT).
Lawmakers slashed the government's annual revenue budget by NT$24.63 billion from NT$1.51 trillion, and reduced the budget for government expenses by NT$34.41 billion from NT$1.66 trillion.
The budget bill was referred to the legislature last September, but the Cabinet was unable to pass it because of a controversial bill the KMT had proposed to restructure the Central Election Commission (CEC).
The Democratic Progressive Party (DPP) has criticized the KMT for holding up the budget bill in a bid to get the DPP to agree to the KMT's CEC proposal, which would give the pan-blue camp the majority of seats.
The Budget Act states that the legislature should complete its review of the central government budget bill one month before the start of the fiscal year.
The KMT caucus only agreed to decouple the CEC bill from the budget after KMT presidential candidate Ma Ying-jeou (
After failing to have its CEC proposal passed in the current legislative session, the pan-blue camp yesterday voted to pass a resolution to freeze one-quarter of the budget earmarked for the CEC, excluding its personnel costs.
The resolution says the budget will not be released until a bill to legalize the commission has been enacted and members selected.
KMT legislative caucus whip Tseng Yung-chuan (
The DPP is considering calling for an extra session to screen two government budget requests that remain stalled: the NT$3.3 trillion budget for state-owned enterprises and governmental non-profit funds and the NT$77.3 billion budget for public construction projects.
The combined effect of the monsoon, the outer rim of Typhoon Fengshen and a low-pressure system is expected to bring significant rainfall this week to various parts of the nation, the Central Weather Administration (CWA) said. The heaviest rain is expected to occur today and tomorrow, with torrential rain expected in Keelung’s north coast, Yilan and the mountainous regions of Taipei and New Taipei City, the CWA said. Rivers could rise rapidly, and residents should stay away from riverbanks and avoid going to the mountains or engaging in water activities, it said. Scattered showers are expected today in central and
COOPERATION: Taiwan is aligning closely with US strategic objectives on various matters, including China’s rare earths restrictions, the Ministry of Foreign Affairs said Taiwan could deal with China’s tightened export controls on rare earth metals by turning to “urban mining,” a researcher said yesterday. Rare earth metals, which are used in semiconductors and other electronic components, could be recovered from industrial or electronic waste to reduce reliance on imports, National Cheng Kung University Department of Resources Engineering professor Lee Cheng-han (李政翰) said. Despite their name, rare earth elements are not actually rare — their abundance in the Earth’s crust is relatively high, but they are dispersed, making extraction and refining energy-intensive and environmentally damaging, he said, adding that many countries have opted to
People can preregister to receive their NT$10,000 (US$325) cash distributed from the central government on Nov. 5 after President William Lai (賴清德) yesterday signed the Special Budget for Strengthening Economic, Social and National Security Resilience, the Executive Yuan told a news conference last night. The special budget, passed by the Legislative Yuan on Friday last week with a cash handout budget of NT$236 billion, was officially submitted to the Executive Yuan and the Presidential Office yesterday afternoon. People can register through the official Web site at https://10000.gov.tw to have the funds deposited into their bank accounts, withdraw the funds at automated teller
CONCESSION: A Shin Kong official said that the firm was ‘willing to contribute’ to the nation, as the move would enable Nvidia Crop to build its headquarters in Taiwan Shin Kong Life Insurance Co (新光人壽) yesterday said it would relinquish land-use rights, or known as surface rights, for two plots in Taipei’s Beitou District (北投), paving the way for Nvidia Corp to expand its office footprint in Taiwan. The insurer said it made the decision “in the interest of the nation’s greater good” and would not seek compensation from taxpayers for potential future losses, calling the move a gesture to resolve a months-long impasse among the insurer, the Taipei City Government and the US chip giant. “The decision was made on the condition that the Taipei City Government reimburses the related