Premier Yu Shyi-kun yesterday announced that Liu San-chi (
Yu said he believes Liu is highly qualified for the post given his extensive experience serving the department.
The premier said he had consulted President Chen Shui-bian (
Having served in the budget and accounting department for 27 years, Liu, 55, told the media that he is honored to take over the post and will work to allocate resources in the most efficient manner possible.
Acknowledging it as a tough task to distribute public funds, Liu said, "I will continue to play the `bad cop' [in performing the task] in a bid to make the best use of government funding."
The new chief praised the performance of his predecessor, saying the department's system was well designed under Lin's management. Liu said he will follow that system, adding that it had received the support of the premier.
Liu graduated from the accounting department of Soochow University. He has served as a section chief and the deputy head of the DGBAS. He has also acted as head of the accounting department of the Ministry of Education.
The Cabinet is undergoing a small reshuffle in the wake of the policy about-face on the reform of grassroots financial institutions last week.
Lin Chuan and Director of the Bureau of Animal and Plant Health Inspection and Quarantine Lee Chin-lung (李金龍) were appointed earlier this week as the new minister of finance and the chairman of the Council of Agriculture, respectively, to replace the outgoing Lee Yung-san (李庸三) and Fan Chen-tsung (范振宗).
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
If China chose to invade Taiwan tomorrow, it would only have to sever three undersea fiber-optic cable clusters to cause a data blackout, Jason Hsu (許毓仁), a senior fellow at the Hudson Institute and former Chinese Nationalist Party (KMT) legislator, told a US security panel yesterday. In a Taiwan contingency, cable disruption would be one of the earliest preinvasion actions and the signal that escalation had begun, he said, adding that Taiwan’s current cable repair capabilities are insufficient. The US-China Economic and Security Review Commission (USCC) yesterday held a hearing on US-China Competition Under the Sea, with Hsu speaking on
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