Sun, Nov 25, 2012 - Page 3 News List

Ma promises to address concerns about debt ceiling

By Mo Yan-chih  /  Staff reporter

Chang said under the current regulations, Yilan County, Miaoli County and Hsinchu City have exceeded the debt ceiling, while Yunlin, Nantou, Chiayi, Pingtung and Hualian counties, as well as Keelung City, are approaching the debt limit.

The cities and counties faced the difficult financial situation because the current law is too stringent, and the new proposal would still be disadvantageous for them, she said.

“For the central government, it seems that only special municipalities need development … The victim of the different treatment will not be Taipei City, but those who live in other cities and counties,” she said.

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