Sat, Dec 16, 2023 page2

• Taiwanese should safeguard values, President Tsai says

  • By Huang Hsu-lei and Jason Pan / Staff reporters
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  It is important to safeguard “Taiwanese values” and stay the course to continue advances in national development over the past eight years, President Tsai Ing-wen (蔡英文) said yesterday at election campaign events in central Taiwan, calling on voters not to regress back to the old path under Chinese Nationalist Party (KMT) rule.

  International ratings agencies in their 2016 assessments said that Taiwan lacked basic infrastructure and public utility systems in certain sectors, impeding economic development, she said as she stumped for Democratic Progressive Party (DPP) legislative candidate Hsieh Chih-chung (謝志忠) in Taichung.

  Her government provided a special budget the following year for basic infrastructure projects throughout Taiwan of about NT$800 billion (US$25.59 billion at today’s exchange rate) over eight years, or at about NT$100 billion per year, with the Forward-looking Infrastructure Development Program, she said, adding that enhancing public works at the basic level boosted economic growth in following years.

  

  President Tsai Ing-wen, center, donates a plaque to Wuqi Zhenwu Temple in Taichung during an election campaign event yesterday.

  Photo: Chang Hsuan-tse, Taipei Times

  “When we introduced the bills to implement it [the infrastructure program], the opposition parties fought against it for weeks. It was finally approved, but lawmakers deliberated and voted on motions for 24 hours straight, and had to guard against interruptions and delaying tactics,” she added.

  Tsai appeared on behalf of Vice President William Lai (賴清德), as the DPP’s presidential nominee was reportedly spending a few days with advisers to prepare for an upcoming television debate.

  “It was only through strong support by DPP lawmakers that the program was approved, thereby improving our basic infrastructure to accommodate new systems and supply utilities that have enabled Taiwan to climb to sixth place in worldwide competitiveness,” she said. “We are a small country with population of 23 million, yet we can achieve such a high level of strength and economic competitiveness.”

  “This was not an easy achievement, and is all due to collective efforts of our citizens and our strong national resiliency. We have done it because Taiwan is an exceptional country with an outstanding groups of citizens,” Tsai said.

  She then called on people to stay the course, and to choose the best leadership in Lai and his running mate, former representative to the US Hsiao Bi-khim (蕭美琴), as both have played integral roles in these achievements.

  “So let’s keep on the right path... This election will decide Taiwan’s future; which road will people choose?” Tsai said.

  Earlier in the day, Tsai attended events in Taichung organized by DPP Legislator Ho Hsin-chun (何欣純).

  In her address, she said that the world previously did not see Taiwan as an essential part of international trade, “but now foreign countries see that Taiwan is irreplaceable. It means that our Taiwanese values must be defended.”

  Tsai denied charges by the KMT that construction projects would leave debt for future generations, saying that “in reality, we are investing for the future. There will be no debt for our children.”

  “I am known as the president who has repaid the most national debt at about NT$800 billion, and will pay back another NT$100 billion next year. My administration has the lowest debt-holding ratio,” she said.

  “When I began my first presidential term in 2016, our debt-to-GDP ratio was 33 percent. As of last month, we reduced it to 27 percent, which is the lowest in our history,” Tsai added.
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