Gangjin-gun Allocates Supplementary Budget to Revitalize Livelihood Economy

Swift Supplementary Budget Allocation for COVID-19 Prevention and Response

Lee Seung-ok, the mayor of Gangjin County, is reviewing the budget for departments and divisions. (Photo by Gangjin County)

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Gangjin-gun, Jeollanam-do announced that it submitted the first supplementary budget for 2020 to the county council on the 10th, increasing the original budget by 76.1 billion KRW to a total of 451.3 billion KRW.

Due to the nationwide spread of COVID-19, tourism has declined and various events have been canceled, negatively impacting the local economy. The county is actively working to overcome the crisis by promptly preparing the supplementary budget ahead of the government’s supplementary budget to revitalize the local economy and support livelihoods.

This supplementary budget was prepared to reflect COVID-19 response projects, budgets to revitalize the local economy, county funds not covered by national and provincial projects, and opinions gathered through dialogues with residents during tours of towns and townships.

County Governor Lee Seung-ok said, “The local economy is stiffening due to weakened consumer sentiment caused by COVID-19, and small and medium-sized business owners are facing difficulties. To wisely overcome this crisis, we have prepared a supplementary budget for COVID-19 prevention and response projects and to revitalize the local economy.”

Meanwhile, the first supplementary budget bill for 2020 submitted by Gangjin-gun will be finalized after review and approval during the 262nd Gangjin County Council extraordinary session starting on the 17th.

This content was produced with the assistance of AI translation services.