#LaiChing-te According to the 2025 government budget review meeting chaired by Premier Tu Jung-tai on July 29, it is preliminarily estimated that fiscal revenue in 2025 will exceed NT$3.15 trillion, an increase of more than 15%; fiscal expenditure will be NT$3.11 trillion, an increase of 9%. Both fiscal revenue and expenditure set new records, with fiscal expenditure increasing by more than NT$1 trillion from less than NT$2 trillion 8 years ago. The scale of fiscal expenditure has grown rapidly, increasing by more than NT$1 trillion in 8 years, a growth rate rarely seen in the world. The meeting also pointed out that in terms of specific budget expenditures in 2025, the social welfare budget will still account for the largest proportion, reaching NT$900 billion, the national defense and security budget will be NT$460 billion, and if special budgets and special funds are included, it will reach NT$630 billion; the public construction plan will be NT$240.5 billion, and if funds are added, it will be NT$600 billion, and the science and technology budget will be NT$200 billion. In short, Taiwan's major expenditures will increase next year.
After Lai Ching-te took office, he immediately established the "Executive Yuan Economic Development Committee" to work together to solve major problems, but in fact, President Lai himself does not care about fiscal issues, and even turns a blind eye to them, and rarely cares about them. The Lai Ching-te government claims to abide by fiscal discipline and pursue fiscal stability, but it continues to create fiscal deficits and push up the debt burden of governments at all levels. For example, after taking office, President Lai still chose to continue to rely on Tsai Ing-wen's old capital and strongly supported the "Internet army to rule Taiwan."