Tsai urges gov­ern­ment to take steps to sta­bi­lize econ­omy & ease jit­ters

The China Post - - FRONT PAGE -

Tsai I ng- wen ( ), chair­woman and pres­i­den­tial can­di­date of the Demo­cratic Pro­gres­sive Party (DPP), com­mented Wed­nes­day on the se­vere eco­nomic sit­u­a­tion fac­ing the na­tion and sug­gested that the gov­ern­ment adopt com­pre­hen­sive counter mea­sures.

Speak­ing af­ter a meet­ing of the DPP Cen­tral Stand­ing Com­mit­tee, she re­minded the gov­ern­ment to pur­sue sta­ble fi­nan­cial poli­cies in the face of an emerg­ing global cur­rency war.

While a de­fen­sive de­pre­ci­a­tion of the Tai­wan is in­evitable, the gov­ern­ment must work on main­tain­ing the con­fi­dence of for­eign in­vestors and the mar­ket in Tai­wan’s econ­omy and closely mon­i­tor the pos­si­ble im­pact on com­mod­ity prices in the long run, she added.

The DPP, as an op­po­si­tion party, will play a sup­port­ive role in­sta­bi­liz­ing the na­tion’s econ­omy and fi­nances, im­prove the coun­try’s eco­nomic health, and pro­mote eco­nomic tran­si­tion, she said.

If the mea­sures re­quire the re­vi­sion of ex­ist­ing laws, the DPP’s leg­isla­tive cau­cus will ac­tively par­tic­i­pate, she said.

She added, mean­while, that if the DPP be­comes the rul­ing party next year, it will seek good com­mu­ni­ca­tions with peo­ple of var­i­ous cir­cles to achieve a seam­less linkup of ad­min­is­tra­tions.

Tsai is the heavy fa­vorite to win the pres­i­dency in the Jan­uary 2016 elec­tion. The win­ner of the elec­tion will not as­sume of­fice un­til May 20, how­ever, be­cause of the coun­try’s elec­tion laws.

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