A Study on the Liabilities of Central Government

• Main Authors: Chao-tien Hu, 胡照典
• Other Authors: Yu-chih Lin
• Format: Others
• Language: zh-TW
• Published: 2013
• Online Access: http://ndltd.ncl.edu.tw/handle/96001440304974640740

碩士 === 國立雲林科技大學 === 會計系碩士班 === 101 === Taiwan has become one of the zero-external-debt country after paying the last external-debt U.S $238.2 thousand (approximately N.T $ 7,050,000) on September 15th,2011. But,by the end of January,2013,the Ministry of Finance showed the latest debt news on its’website. Over one-year outstanding public debt was N.T. $ 5,094.5 billion and the short-term outstanding public debt was N.T.$ 285 billion. Everyone afford the debt N.T.$231 thousand.It seems that the rate hadn’t exceed of outstanding public debt to GNP,but add the contingent debt must exceed the rate of outstanding public debt to GNP. The Central Government General Budget of 2013 edited by The Execute Yuan showed the disclosure of government-contingent-debt and non-government-contingent-debt in Financial Statement since 2009. By the end of July,2012,every government predict the contingent debt was N.T. $ 14,905.2 billion,that was 2.9 times the over one-year outstanding public debt in January,2013. How to control the outstanding public debt and the contingent debt and avoid bankruptcy crisis are key issues.