The Taiwan authority has earmarked 120 billion New Taiwan dollars (3.63 billion U.S. dollars) to a reconstruction budget for Typhoon relief.
According to a budget report delivered by Taiwan's "Executive Yuan" head Wu Den-yih to the legislature Monday, the authority planned to allocate 35.6 billion New Taiwan dollars in 2009, 54.9 billion in 2010, 22.3 billion in 2011 and 7.2 billion in 2012.
The fund will be used for disaster assistance, reconstruction of infrastructure, residential buildings and industries, as well as disaster prevention, according to the report.
Typhoon Morakot ravaged Taiwan in early August, leaving more than 700 people dead or missing and forcing the evacuation of thousands. It was the worst typhoon to hit the island in nearly 50 years, and caused havoc across the island's central and southern regions.
As of Oct. 1, 4,550 typhoon-affected people still live in shelter centers, figures from the island's authority showed.
At least 800 million yuan of donations from the Chinese mainland had been transferred to the Taiwan authority, according to Wu Den-yih.
Wu said part of the rest of the fund would be used to rebuild a bridge between Kaohsiung and Pingtung.