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2024/03/07


Ministry of Finance-Mobilization of Financial Resources

  The Readiness Program for Mobilization of Financial Resources is under the responsibility of the Ministry of Finance, with a focus on improving fiscal and taxation measures, cultivating tax sources, and coordinating the national financial resources in accordance with the national military strategic concept. Additionally, it aims to strengthen financial and foreign exchange controls to prevent vicious inflation and maintain financial stability.

  There are 4 classifications, which are summarized as follows:
Wartime War Expense Funding:
  1. Supervisory Agency: Ministry of Finance.
  2. Key Points: Review war expense funding readiness goals and methods in a timely manner based on economic conditions, administrative, and national defense requirements.
Wartime Budget Conversion:
  1. Supervisory Agency: Directorate-General of Budget, Accounting and Statistics, Executive Yuan.
  2. Key Points: Plan for wartime budget conversion operations, strengthen the execution of plans and budget review functions, control the scale of annual expenditures, reduce unnecessary expenses, and prioritize budgets to meet war expense requirements.
Wartime Foreign Exchange Control:
  1. Supervisory Agency: Central Bank of the Republic of China (Taiwan).
  2. Key Points: In accordance with the economic conditions during wartime, adjust foreign exchange funds to supply the demands of the military, basic livelihood, and various industries, maintain currency stability, and stabilize the foreign exchange market.
Wartime Monetary Regulation:
  1. Supervisory Agency: Financial Supervisory Commission.
  2. Key Points: Adjust and control the quantity of currency and credit in accordance with monetary policy, implement financial measures in a timely manner, promote rational allocation and efficient utilization of resources.
  The Readiness Program for Mobilization of Financial Resources and its Classifications are issued according to the provisions of Articles 5 and 6 of the Enforcement Rules for All-out Defense Mobilization Readiness Act, in conjunction with the budgeting schedule, respectively before October 31st and December 31st of each year.
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website update date:2024/12/03