The Executive Yuan yesterday said it would instruct government agencies to begin allocating NT$71.8 billion (US$2.28 billion) for certain budgetary items prioritized by opposition lawmakers as soon as the general budget is formally referred to legislative committees next week.
Cross-caucus negotiations at the Legislative Yuan on Wednesday agreed to send this year’s general budget to committees for review on Tuesday next week, while urging the Executive Yuan to fund 38 new projects under the general budget championed by opposition parties.
The Legislative Yuan on March 6 approved the early release of funds for the projects on their second reading, citing their “urgency and significant impact on public livelihood.”
Photo courtesy of the Executive Yuan
The projects include subsidies to address the nation’s low birthrate, funding for the TPass program, and flood control and water management initiatives.
The Directorate-General of Budget, Accounting and Statistics submitted the official document for budget utilization to Premier Cho Jung-tai (卓榮泰) in the middle of last month.
Asked when Cho would approve the document, Executive Yuan spokeswoman Michelle Lee (李慧芝) yesterday said that the legislature has confirmed it would approve the budget for new projects in full without freezing it during the review of this year’s general budget.
The Executive Yuan welcomes and accepts the resolution, as it would help many policies roll out on schedule and allow civil servants to execute their duties with peace of mind, Lee quoted Cho as saying.
After the general budget is formally sent to a committee, the Cabinet would instruct all agencies to initiate budget execution procedures, Cho said.
The legislature on Wednesday officially launched the cross-caucus negotiation mechanism, allowing the central government’s general budget, which had been delayed for 230 days, to smoothly complete the committee referral process in the coming days, he said.
The premier also expressed hope that ruling and opposition parties would continue negotiations to yield positive results regarding the special defense budget.
The legislature’s Finance Committee yesterday approved the agenda and the timetable for negotiations on the general budget.
Cabinet officials are to appear before the legislature on Tuesday next week for inquiries on the general budget, followed by reviews by various committees.
A cross-committee review of the administrative budget would be conducted from Wednesday to May 14, according to the schedule.
Committees are expected to submit their review reports to the Finance Committee for consolidation before May 18.
The committee would convene on May 21 to discuss the reports and submit the proposal to the plenary session.
Additional reporting by CNA
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