{"error":false,"id":["167251"],"data":{"IVOD_ID":167251,"IVOD_URL":"https://ivod.ly.gov.tw/Play/Clip/1M/167251","日期":"2026-01-26","會議資料":{"會議代碼":"委員會-11-4-20-18","會議代碼:str":"第11屆第4會期財政委員會第18次全體委員會議","屆":11,"會期":4,"會次":18,"臨時會會次":null,"種類":"委員會","委員會代碼":[20],"委員會代碼:str":["財政委員會"],"標題":"第11屆第4會期財政委員會第18次全體委員會議"},"影片種類":"Clip","開始時間":"2026-01-26T12:17:28+08:00","結束時間":"2026-01-26T12:27:23+08:00","影片長度":"00:09:55","支援功能":["ai-transcript"],"video_url":"https://ivod-lyvod.cdn.hinet.net/vod_1/_definst_/mp4:1MClips/eb9c45f2fd618810221fac4f5d3808212e6dd44a39c46b25c95edea359322c403657b01c8c35754b5ea18f28b6918d91.mp4/playlist.m3u8","委員名稱":"王鴻薇","委員發言時間":"12:17:28 - 12:27:23","會議時間":"2026-01-26T09:00:00+08:00","會議名稱":"立法院第11屆第4會期財政委員會第18次全體委員會議（事由：邀請行政院主計總處陳主計長淑姿、財政部莊部長翠雲、金融監督管理委員會彭主任委員金隆、中央銀行楊總裁金龍、經濟部龔部長明鑫、農業部陳部長駿季、國家發展委員會葉主任委員俊顯就「針對台美關稅貿易協議內容，對國家整體財經、國內產業與就業、股匯市場與各項民生通膨之影響與因應策略」進行專題報告，並備質詢。）","transcript":{"pyannote":[{"speaker":"SPEAKER_02","start":0.03096875,"end":1.68471875},{"speaker":"SPEAKER_00","start":1.8534687500000002,"end":3.0853437500000003},{"speaker":"SPEAKER_02","start":16.46721875,"end":16.652843750000002},{"speaker":"SPEAKER_02","start":19.184093750000002,"end":29.07284375},{"speaker":"SPEAKER_00","start":19.63971875,"end":19.69034375},{"speaker":"SPEAKER_01","start":19.69034375,"end":21.563468750000002},{"speaker":"SPEAKER_02","start":29.258468750000002,"end":31.620968750000003},{"speaker":"SPEAKER_02","start":32.009093750000005,"end":34.57409375},{"speaker":"SPEAKER_02","start":35.13096875,"end":37.932218750000004},{"speaker":"SPEAKER_02","start":38.53971875,"end":40.64909375},{"speaker":"SPEAKER_02","start":41.00346875,"end":46.20096875},{"speaker":"SPEAKER_02","start":46.268468750000004,"end":67.15971875000001},{"speaker":"SPEAKER_02","start":67.17659375000001,"end":75.66471875},{"speaker":"SPEAKER_02","start":76.12034375,"end":76.55909375},{"speaker":"SPEAKER_02","start":76.96409375,"end":89.16471875},{"speaker":"SPEAKER_02","start":89.65409375,"end":91.07159375},{"speaker":"SPEAKER_02","start":92.05034375000001,"end":100.26846875000001},{"speaker":"SPEAKER_02","start":100.77471875,"end":111.38909375},{"speaker":"SPEAKER_02","start":111.82784375000001,"end":112.40159375},{"speaker":"SPEAKER_02","start":113.51534375000001,"end":121.51409375},{"speaker":"SPEAKER_02","start":122.18909375000001,"end":122.76284375},{"speaker":"SPEAKER_01","start":123.75846875,"end":138.40596875},{"speaker":"SPEAKER_02","start":139.60409375,"end":140.71784375000001},{"speaker":"SPEAKER_02","start":141.13971875000001,"end":156.74909375000001},{"speaker":"SPEAKER_01","start":149.61096875,"end":149.94846875000002},{"speaker":"SPEAKER_01","start":156.09096875,"end":161.38971875000001},{"speaker":"SPEAKER_02","start":160.74846875,"end":162.57096875000002},{"speaker":"SPEAKER_01","start":162.84096875,"end":164.89971875},{"speaker":"SPEAKER_02","start":163.98846875,"end":164.10659375},{"speaker":"SPEAKER_02","start":164.62971875000002,"end":167.70096875000002},{"speaker":"SPEAKER_02","start":168.02159375000002,"end":168.61221875},{"speaker":"SPEAKER_00","start":168.22409375,"end":170.18159375000002},{"speaker":"SPEAKER_02","start":177.91034375,"end":217.56659375},{"speaker":"SPEAKER_00","start":178.50096875,"end":178.55159375000002},{"speaker":"SPEAKER_00","start":178.65284375000002,"end":178.82159375},{"speaker":"SPEAKER_02","start":218.10659375,"end":236.44971875000002},{"speaker":"SPEAKER_00","start":236.66909375,"end":254.01659375000003},{"speaker":"SPEAKER_00","start":254.20221875000001,"end":268.81596875},{"speaker":"SPEAKER_02","start":266.18346875000003,"end":281.92784375},{"speaker":"SPEAKER_02","start":282.33284375,"end":290.38221875},{"speaker":"SPEAKER_02","start":290.75346875,"end":293.08221875000004},{"speaker":"SPEAKER_02","start":293.65596875,"end":336.95721875000004},{"speaker":"SPEAKER_02","start":337.63221875000005,"end":385.05096875000004},{"speaker":"SPEAKER_02","start":385.21971875,"end":389.15159375},{"speaker":"SPEAKER_01","start":389.84346875,"end":402.16221875},{"speaker":"SPEAKER_01","start":402.85409375,"end":408.52409375},{"speaker":"SPEAKER_01","start":408.81096875000003,"end":413.67096875000004},{"speaker":"SPEAKER_01","start":414.27846875,"end":416.03346875000005},{"speaker":"SPEAKER_02","start":414.61596875000004,"end":415.91534375000003},{"speaker":"SPEAKER_02","start":416.03346875000005,"end":416.28659375},{"speaker":"SPEAKER_01","start":416.28659375,"end":421.88909375000003},{"speaker":"SPEAKER_02","start":422.10846875000004,"end":428.20034375},{"speaker":"SPEAKER_01","start":426.37784375,"end":431.38971875000004},{"speaker":"SPEAKER_02","start":428.82471875000005,"end":432.46971875},{"speaker":"SPEAKER_01","start":431.77784375000005,"end":439.18596875000003},{"speaker":"SPEAKER_02","start":437.93721875000006,"end":445.09221875000003},{"speaker":"SPEAKER_01","start":442.20659375,"end":444.16409375},{"speaker":"SPEAKER_01","start":444.77159375,"end":446.74596875000003},{"speaker":"SPEAKER_02","start":445.91909375,"end":446.69534375},{"speaker":"SPEAKER_02","start":446.74596875000003,"end":446.79659375000006},{"speaker":"SPEAKER_01","start":446.79659375000006,"end":446.83034375000005},{"speaker":"SPEAKER_02","start":446.98221875,"end":453.25971875000005},{"speaker":"SPEAKER_01","start":447.62346875000003,"end":448.16346875000005},{"speaker":"SPEAKER_01","start":449.34471875,"end":457.69784375},{"speaker":"SPEAKER_02","start":457.30971875,"end":464.31284375},{"speaker":"SPEAKER_01","start":458.35596875000005,"end":469.07159375000003},{"speaker":"SPEAKER_02","start":469.00409375000004,"end":471.48471875},{"speaker":"SPEAKER_01","start":471.484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总裁好 总裁上个星期国际的债券市场经历了一个非常大的震惊因为包含日本国债的殖利率飙涨价格暴跌然后再延续到"},{"start":39.158,"end":66.555,"text":"有关于美国国债美国国债问题随着格林兰问题的情势升高所以在全球包含很多欧洲国家特别是Patient Fund一些退休基金因为对于有些是基于对于美国格林兰的态度大家觉得很生气一方面是认为美国国债的风险过高所以陆陆续续已经有包含丹麦"},{"start":67.415,"end":88.145,"text":"瑞典甚至荷蘭的這些持有者這些Pension Fund決定要出清美國的國債當這個全世界川普把關稅當成武器但是有些國家呢就把資產當成武器你用關稅當武器那我就拋售你美國的國債那對於台灣來講"},{"start":92.456,"end":111.962,"text":"這樣的一個情勢包含日本國債的這樣的不穩定尤其高市也宣布了要解散國會但是我們是持有美國國債的一個大的持有者我們占全世界第10名所以請問一下總裁我們"},{"start":113.561,"end":136.867,"text":"對於我們外匯存底的部分持有美債我們有沒有些什麼樣的一個對策跟委員報告基本上我們對於我們的外匯存底特別是在債券的這個部分我們隨時都是做動態的一個調整"},{"start":139.676,"end":162.308,"text":"所以随着日本国债、美国国债他们的价格进入了不稳定甚至市场认为随时可能甚至有崩盘的危机我们也可能随时的去做一些甚至减持会做减持的动作我们就是看如何来做最适当的一个降低风险的动作会做"},{"start":163.062,"end":170.038,"text":"那當然啦 當然會 當然好 時間暫停一下 我請一下我們金管會彭主委時間暫停 請彭主委"},{"start":178.832,"end":190.236,"text":"我們台灣持有美國國債之高其實除了中央銀行持有之外另外我們三大金融機構銀行保險證券根據INF的總計我們到去年年底為止我們總計持有美國的公債高達3125億美元"},{"start":201.559,"end":214.569,"text":"但是我們也看到了一些資料也就是從去年開始台灣持有美債的金額開始在降低比如說去年10月份我們看到一下子減少了31億美元的美國美債這個其實是一個有意義的數字因為30億其實是很大的數字"},{"start":224.537,"end":235.684,"text":"所以就我們所了解台灣的銀行保險證券是不是也有開始控管風險降低風險然後減少持有美債的動作"},{"start":236.927,"end":263.981,"text":"其實跟委員說明其實剛才那是美債其實我們整個我們假設我們以我們四站最大的金控它大概87兆左右它大概海外曝險28那其實大概是大概32左右是它那個部分裡面其實有美債的部分美國公債的部分其實那個比例是很低的比如說銀行應該是應該是不到1兆"},{"start":264.781,"end":289.41,"text":"然後受險業我記得沒錯應該5000億主委又開始在做一個希望有點粉飾太平我引用INF在今年初我相信央行跟金管會應該都注意到如果你們不注意到的話應該要被打屁股INF在今年初它對台灣示警它說因為我們美元的曝險太高倍數太高我們台灣美元曝險45倍"},{"start":293.732,"end":322.679,"text":"南韓25倍大到是不成比例它基本上就是在金額的部分我們未必比南韓多很多但是因為我們的外匯市場比較小所以也就是包含我們中央銀行外匯存底也好或者我們的金融機構也好現在整個的美元撲選的倍數事實上我們是超高的這是IMF對我們的警示示警"},{"start":323.439,"end":338.771,"text":"所以我拜託就是說為什麼今天要特別來問總裁還有我們金管會就是有關這部分當然他沒有辦法在一天兩天之內把這些部位完全的出清或者把它降低到一個這個大家沒有風險的一個這個"},{"start":340.952,"end":355.578,"text":"他的那个水位可是可是我觉得这一点我们必须要非常注意因为全球的债券市场最近确实乒乒乓乓那因为美国尤其日本日本的国债现在大家都不看好"},{"start":356.218,"end":383.329,"text":"現在大家都不看好現在其實拋售的這個壓力也非常非常大而且隨著他們解散國會這一段時間內這段時間因為他的不穩定性更高因為很多大家爭相啊減稅啊怎麼現在使他的那個財政負擔越來越高所以我才最後一句話我想請總裁跟主委都給我一句話在這樣子的一個全球債券風險這麼高的一個狀況之下"},{"start":385.35,"end":401.982,"text":"美元曝險我們又這麼高我們現在的對策是什麼我來回答委員的剛剛就這個IMF的事情我來回答您你說台灣美元曝險45倍剛剛我也回答過這個問題事實上台灣沒有那麼高我們根據我們的計算我們台灣是22點幾"},{"start":414.704,"end":415.806,"text":"22點幾倍22點幾倍 對所以跟南韓的25倍是沒有差多少的"},{"start":422.165,"end":443.65,"text":"那我们是不是立刻要去跟IF抗议也好至少写信去澄清也好不然会影响我们金融机构的rating啊所以我刚刚也就是说没有我们的金融机构的rating是很好的那他这个只是说不是你IF的报告是这样大家看台湾的金融机构就觉得你的风险很高啊IMF呢是对"},{"start":447.351,"end":452.636,"text":"總裁那你會不會寫信你會寫信給INF請你做澄清這個是小題這個是小題這個是不必要這怎麼小題不必要那總裁我不能同意我們只有自己在裡面做答內宣嗎我在國會殿堂來說明說這個45倍是不正確的那這樣就足夠所以你直接說INF做假訊息"},{"start":472.313,"end":498.182,"text":"這個是因為他的計算是他沒有很精確的掌握到倍數我建議我們要直接央行總裁請你寫信給IMF說這個是錯誤的請你這樣的錯誤最好能夠更正你也只好不能再傳達這樣錯誤的訊息一定要做 你是在我們立法院做在立法院委員大家都很關心"},{"start":498.982,"end":502.824,"text":"所以說45倍一報告的時候事實上台灣的金融市場也沒有說很驚慌沒有具有的觀察是沒有的有一天驚慌起來的時候大家就慘了來最後一個時間關係請主委我們現在這些金融機構它仍然有3000億美元以上的部位現在看起來在去年我們開始有減持"},{"start":529.037,"end":552.996,"text":"确实如果你从10月份的资料它减少了31亿其实这个部位是大的所以在这一部分你们要怎么样的去紧盯住让我们这个金融业不要因为全球不管美债或者日债受到了影响价格下跌而影响我们整个的我们的资产的品质"},{"start":554.614,"end":572.185,"text":"其實台灣在海外的那個債券的曝險在前一波的升值已經受過衝擊他們沒做好因應其實本來就金融機構應該要做的風險管理這只是其中非常正常他們本來就會這樣做我們也會來督促他們做好自己風險管理"},{"start":572.665,"end":586.519,"text":"好我覺得這個事情大家還是要非同小可啦不是我們自己覺得我們自己覺得OK就沒事好不好不要受到波及這個非常重要好謝謝好謝謝王宏威委員的質詢好謝謝總裁跟主委請回接下來我們請洪孟凱"}]}},"supported_relations":[],"relations":[]}