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International Business Times
International Business Times
Business

Taiwan's Economy Is Soaring As a Result of The AI Boom. Its President Will Give Cash To Residents.

Taiwan President Lai Ching-te announced a cash dividend to citizens next year, claiming it's a result of the economy's sustained growth. (Credit: AFP)

Taiwan President Lai Ching-te announced a cash dividend to citizens next year, claiming it's a result of the economy's sustained growth.

Concretely, he announced plans to distribute NT$10,000, or more than $300, as part of the government's budget plan that will be unveiled on Thursday.

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