TAIPEI (TVBS News) — Amid recent fluctuations in the Taiwanese stock market, the Executive Yuan vowed Thursday (Jan. 18) to stabilize the market if irrational fluctuations occur, Cabinet Spokesman Lin Tze-luen announced.
Speaking at a meeting of the Executive Yuan, Lin reiterated comments from Premier Chen Chien-jen, stating that even during the caretaker period after their team's resignation, policy implementation would continue. According to Lin, the Cabinet will uphold its commitment to looking after the daily lives of Taiwanese people and continue to communicate with the new legislative session.
In response to concerns that the cabinet's impending resignation could impact energy policy, Lin reassured the public that the government's goal of achieving net zero emissions by 2050 remains unchanged. He added that discussions about nuclear power and other energy issues would continue with the legislature.
Regarding the upcoming electricity tariff review meeting in March, Lin conveyed that established adjustment mechanisms will be maintained. The cabinet will continue monitoring international fuel prices and respect the decisions made by the electricity tariff review committee.
While acknowledging recent downturns in the Taiwan Stock Exchange, Lin expressed continued confidence in Taiwan's economic recovery. Despite market fluctuations, he said, the fundamentals of Taiwan's economic development remain solid.