Blue-White camp accuses government of slipping CPC Corp capital injection into supplementary budget
Taiwan's cabinet passed a NT$607.6 billion supplementary budget, and the opposition says a NT$233.8 billion capital injection for state oil and gas company CPC was buried inside it — a fight that will decide whether fuel and food price subsidies keep flowing.
- The ruling DPP says the extra spending covers fuel and power subsidies, welfare increases, military and civil service pay, and disaster rebuilding.
- The CPC money is meant to shore up natural gas supply after the war-driven swings in world energy prices.
- The government argues it is borrowing less, not more: revenue came in strong enough to cut this year's planned borrowing by NT$90.7 billion.
- Nearly NT$187.5 billion goes to holding down prices for gas, electricity, public transport, fertilizer and deep-sea fishing boats.
- Another NT$145.7 billion buys anti-ballistic missiles, drones and unmanned boats from non-Chinese suppliers.
Outlook: With about three months left in the budget year, the opposition-controlled legislature will decide whether to pass, freeze or cut the package — and delays would hit subsidies and welfare payments first.