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