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Article: Asia: Taiwan - Taipei Sharpens Tools Of Reform - With A Specialist At The Helm Of The Finance Ministry, The Government Is Promoting Fiscal Reform And Tightening The Efficacy Of The National Treasury. Dennis Engbarth Reports From Taipei.(Ho Chih-chin)
- Article from:
- The Banker
- Article date:
- August 1, 2006
CopyrightCOPYRIGHT 2006 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: DENNIS ENGBARTH
Pressured by the conservative opposition alliance of the former ruling Kuomintang and People First Party, President Chen Shui-bian decided on May 31 to delegate most domestic policy, giving power to Premier Su Tseng-chang as well as leaving the affairs of the governing Democratic Progressive Party in the hands of its chairman Yu Shyi-kun. Mr Su made the first major use of the president's authorisation on June 29 with a surprise decision to shunt finance minister Joseph Lyu (who had just helped to defend the government's control over Mega Holdings) into a post of minister without portfolio, and appointing Ho Chih-chin, a National Taiwan ...
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