Taiwan MOEA minister said Ma's campaign pledge was just a propaganda ploy

MOEA minister, Yiin Chii-ming .

MOEA minister, Yiin Chii-ming .

TAIPEI (Taiwan News) - Minister of Economic Affairs (MOEA) Yiin Chii-ming (尹啟銘) said yesterday at an interpellation session of the Economics Committee at the Legislative Yuan that President Ma Ying-jeou's (馬英九) campaign slogan "Ma will turn things around right away" (馬上好) was just simply a slogan. In other words, Yiin meant that Ma's campaign promise to revive the nation's economy was a propaganda ploy.

Yiin's slip of the tongue yesterday while responding to a Democratic Progressive Party (DPP) legislator Lee Chun-yee's (李俊毅) questions regarding domestic gas and electricity prices has served to tarnish the Ma administration and given people unrealistic expectations with Ma's credibility.

Taiwan has not seen any reduction of electricity, liquefied natural gas, and liquefied petroleum gas prices as international crude oil prices has gone into freefall. Yiin said that liquefied natural gas prices would not be cut due to the expensive nature of natural gas. As to the liquefied petroleum gas prices, Yiin said that he expect that liquefied gas prices will have room to drop next month. Speaking of the amount of price reduction, Yiin said that he would have to wait until state-run oil refiner CPC Corp makes its announcement on Saturday.

When asked if electricity prices can be reduced given international coal prices had fallen, Yiin said that his data showed that coal prices had risen rather than fallen, so it would be difficult to lower electricity prices.

Premier Liu Chao-shiuan (劉兆玄) said at an legislative interpellation session this morning that "Ma will turn things around right away" was just a sentence used during the election campaign and it should not be taken as a concrete political platform to be carried out by the Ma administration.

by Taiwan News, Website Editorial Staff

Updated : 2021-03-02 16:34 GMT+08:00