The economic impact of the COVID-19 pandemic had affected the Republic of China as soon as they took preventative measures to combat it, and the Executive Yuan under Tsai Ing-wen had issued government bailouts to help stimulate the economy as early as February 2020.

[15] Initially the Ministry of Economic Affairs sought to only issue them digitally, but then under the pressure of public opinion they also launched these vouchers as paper certificates.

[17][1] Rollout rounds and collection dates for Triple Stimulus Vouchers:[15] The Executive Yuan originally estimated that the printing of 3,000,000 copies for the public would obviously be insufficient, and in respond to the large demand for physical vouchers tripled the production and the President of the Executive Yuan of the Republic of China, Su Tseng-chang, responded that the people wouldn't need to worry about delays.

[13] A number of pundits argued that the economy of Taiwan would recover in the third quarter of 2020 regardless if the Triple Stimulus Vouchers were issued or not and claimed that their issuance would only slow down the Q2 decline, rather than halt it.

[21] The Kuomintang further said that the market vendors and self-employed businesspeople could not be "revitalised" by the vouchers as it did not offer the ability to get change and that these coupons were not useful for making small transactions creating cash flow pressure.

[24] On 16 November 2020 the Ministry of Economic Affairs announced that the eligibility of the Triple Stimulus Vouchers would be expanded to both Alien Permanent Resident Certificate (APRC) and foreign diplomats.

[13] According to Small and Medium Enterprise Administration Director-General Ho Chin-tsang the Triple Stimulus Vouchers had triggered a buying spree which was reflected in both business revenue as well as government tax income.

[13] Kung Ming-hsin of the National Development Council said that the Triple Stimulus Voucher programme had contributed NT$100 billion to Taiwan's GDP.

[28] Chen Hui-hsin (陳惠欣) of the Directorate-General of Budget, Accounting and Statistics stated that the COVID-19 pandemic had diminished consumer activity in Taiwan during the first quarter of 2020, pushing up the unemployment rate to 4.07% in May.

[29] The situation then started to improve after July 2020, which Chen attributed a boom in domestic tourism after infections were brought under control and the Triple Stimulus Voucher programme.

[1] They both featured a map of the Republic of China (island of Taiwan and the other free areas) on the obverse with the denomination as well as the expiration date for final usage using the Chinese republican calendar (使用期限至109年12月31日止).