Central Bank Deputy Governor: NT$200 Billion Remittance Goal Achievable This Year, But 3 Uncertainties Remain
On May 20th at the Legislative Yuan, Central Bank Deputy Governor Yen Tzung-ta stated that the bank's goal of remitting over NT$200 billion to the national treasury this year is achievable. However, he pointed to three major uncertainties: U.S. monetary policy, international capital flows, and future changes in Taiwan's own monetary policy. The statement was made during the Finance Committee's review of the FY2026 central government budget, in which the Central Bank's allocated remittance is NT$200,046,027,000.
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- 📰 Published: May 20, 2026 at 16:13
- 🔍 Collected: May 20, 2026 at 16:32 (18 min after Published)
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(CNA, Taipei, May 20, by reporter Lu Yen-tzu) Central Bank Deputy Governor Yen Tzung-ta stated today during a questioning session at the Legislative Yuan that the Central Bank's remittance of over NT$200 billion to the national treasury this year is achievable, but it still faces three major uncertainties: U.S. monetary policy, changes in international capital flows, and future changes in Taiwan's monetary policy. The Finance Committee of the Legislative Yuan this morning reviewed the Executive Yuan's revenue budget portion of the FY2026 central government budget, specifically concerning the Central Bank's dividend and surplus remittance to the treasury, as well as the revenue budget for the Ministry of Finance and its subordinate units, inviting relevant officials for questioning. During his oral report in the meeting, Yen Tzung-ta explained that the Central Bank's budgeted remittance of profits and dividends to the national treasury for FY2026, totaling NT$200,046,027,000, is fully listed as revenue for the Executive Yuan. DPP Legislator Wu Ping-jui asked during his interpellation about the potential uncertainties the Central Bank's remittance amount might face. Yen Tzung-ta stated that firstly, the source of the Central Bank's dividend and surplus income is mainly from the performance of its foreign exchange assets, and there is great uncertainty in the future regarding whether U.S. monetary policy will involve rate hikes or cuts. Secondly, changes in international capital flows will increase volatility in international financial markets. Thirdly, on the expenditure side, changes in Taiwan's future monetary policy are also one of the uncertainties. Yen Tzung-ta explained that if the U.S. raises interest rates, it would drive up U.S. Treasury yields, increasing the return rate on U.S. bonds held by Taiwan's Central Bank. Currently, when held U.S. bonds mature, new ones are purchased, so the holding amount remains quite stable. As for whether it is affected by the TWD/USD exchange rate, Yen Tzung-ta said that the trend of the international U.S. dollar is one of the very important factors affecting the TWD exchange rate. (Editor: Yang Kai-hsiang) 1150520