The Straits Times
www.straitstimes.com
Published on Sep 18, 2012
 

Taiwan opposition wants premier sacked for economy

 
 

TAIPEI, Taiwan (AP) - Taiwan's main opposition party on Tuesday called for the ouster of the island's premier and blamed the government for mismanaging the economy.

But analysts say there may be no quick fix for the economy unless the global recovery picks up steam.

The Democratic Progressive Party's push for a no-confidence vote in the legislature on Friday against Premier Sean Chen comes as Taiwan's economic growth shrank 0.2 per cent in the April-June period, the first quarterly contraction since 2009.

The government expects the 2012 growth to be just above 1 per cent, down from last year's 4 per cent.