Opposition lawmakers have agreed to freeze half of this year’s indigenous submarine budget, pending a report to the legislature, Chinese Nationalist Party (KMT) caucus secretary-general Lin Szu-ming (林思銘) said today, pulling back on threats to freeze nearly the entire budget.
The KMT had previously decided to freeze NT$1.8 billion (US$54.89 million) of the indigenous submarine project’s NT$2 billion budget.
The party caucus says that only NT$200 million is needed for the project next year, meaning that intended uses for the remaining NT$1.8 billion requires greater scrutiny.
Photo: Taipei Times
However, after negotiations with the Taiwan People’s Party (TPP) caucus and various ministries, the opposition has decided to freeze only half of the budget, Lin told reporters this morning.
The funds could be unfrozen following a report to the legislature’s Foreign Affairs and National Defense Committee, he added.
Meanwhile, Lin estimated that the legislature would be able to approve the budget within two days.
The KMT has proposed more than 400 changes, while the TPP has proposed about 100, he said.
If lawmakers are able to settle 40 proposals per hour, they would be on track to pass the budget by tomorrow, he said, adding that if not, they would convene extra meetings to make sure it is passed within the current session.
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