Gyeongbuk Office of Education to Accelerate Early Execution of 22.1 Billion KRW Customized Welfare Budget for Local Economic Revitalization

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Young-wook] The Gyeongbuk Provincial Office of Education has decided to expedite the full disbursement of 22.1 billion KRW in customized welfare expenses for public officials to revitalize the local economy, which has been struggling due to the spread of the novel coronavirus infection (COVID-19).

On the 13th, the Gyeongbuk Office of Education announced plans to expand the payment method of customized welfare expenses from once a month to biweekly irregular payments, continuously monitor individual remaining points, and encourage staff participation to spend more than 70% of the customized welfare budget this month and fully disburse it within the first half of the year.

Additionally, the mandatory purchase of gift certificates exceeding 10% with the customized welfare expenses has been expanded from only Onnuri gift certificates (traditional market gift certificates) to also include local love gift certificates.

Ma Won-sook, Administrative Director of the Gyeongbuk Office of Education, stated, "Through proactive early budget execution, we aim to invigorate the local economy and contribute in some way to overcoming the economic downturn."

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