Kaohsiung No. 1 in terms of accumulated debt: gov't data
The China Post news staff
October 11, 2012, 12:11 am TWN
Kaohsiung remains the city with the highest debt among all local governments, shouldering a total of NT$217.29 billion as of the end of September, according to the latest data released by local governments.
Taipei comes in second with a debt of NT$164.2 billion, followed by New Taipei with NT$69.1 billion.
As of September, local governments in Taiwan owed a total of NT$833 billion, but Kinmen and Lienchang (Matsu) were the only two local governments that did not have debts.
Kaoshiung's September debt level had already decreased by NT$208 million compared to that of August, but the southern city was still number one in terms of debt per capita — NT$78,300.
Taipei ranks third with each of its residents shouldering NT$62,000, while Miaoli County leapt in front of the capital city to take second place with NT$71,000 per capita.
New Taipei dropped out the top 10 list of per capita debt, with each of its residents shouldering NT$18,000 to lie fourth from the bottom.