New Measures to Prevent Abuse on New Youth Loans to be Decided Today

Reported 9 months ago

The government is set to finalize the new measures to prevent abuse of the New Youth Loans after various irregularities arose due to the scheme which aims to stimulate housing market demand. The Ministry of Finance will report on the effectiveness and optimization measures of the loans, with plans to tackle speculation and subletting activities. The decision will be made at the Executive Yuan meeting to ensure the policy continues to benefit young homebuyers while cracking down on misuse.

Source: YAHOO

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