Taiwan cabinet's extra budget puts most money into CPC Corp refill

Sep 02, 2026

Taiwan's government is pushing through a large mid-year spending package dominated by a cash injection into the state oil company, and the opposition is threatening to strip that piece out entirely.

  • The extra budget runs to roughly NT$600 billion, with the biggest chunk going to recapitalize state-owned CPC Corp.
  • The next two big items are relief spending to cushion people from the Middle East conflict, and defense — weapons plus better pay for troops.
  • The KMT calls the oil-company money a backdoor move that dodges normal budget review, and says it may cut all of it.
  • The KMT also wants any spare cash handed straight to the public as a NT$10,000 per-person payout instead.
  • The DPP defends it as the government's duty to hold down prices for electricity and fuel while war abroad rattles energy costs.

Outlook: Expect a bruising fight in the legislature, with the oil and power subsidies the most likely target for cuts.

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