Gwangyang City Council Approves COVID-19 Supplementary Budget of 1.14568 Trillion Won View original image


[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] The Gwangyang City Council of Jeollanam-do (Chairman Kim Seong-hee) announced on the 10th that it approved the first supplementary budget of 1,145.68 billion KRW at the 287th emergency session convened to support citizens affected by COVID-19 and revitalize the stagnant local economy.


The first supplementary COVID-19 budget includes ▲emergency disaster living expenses of 26.3 billion KRW ▲emergency living expenses for vulnerable groups of 9.5 billion KRW ▲temporary living support for low-income households of 2.6 billion KRW ▲temporary child-rearing support of 3.6 billion KRW ▲public utility support for small business owners of 1.9 billion KRW, totaling 23 items and 49.1 billion KRW.


The Budget and Accounts Special Committee cut 1.1 billion KRW from 10 projects deemed unnecessary or requiring further detailed review, including ▲re-paving of old paved roads and repair of legal roads' shoulders (100 million KRW) ▲maintenance of park facilities (100 million KRW) ▲purchase of building for integrated office for visually and hearing impaired persons (49 million KRW) ▲renovation of village halls (100 million KRW).


Seo Young-bae, Chairman of the Budget and Accounts Special Committee, requested, “Please promptly execute the budget for supporting citizens’ living expenses related to the global disaster COVID-19 and for revitalizing the local economy,” and added, “When applying for national and provincial government projects, carefully review the necessity of the project and its contribution to regional development to prevent budget waste.”



During this session, four ordinances and general matters were reviewed and approved, including the ‘Gwangyang City Emergency Disaster Living Expenses Payment Ordinance’ and the ‘Partial Amendment to the Ordinance on Welfare Promotion for Low-Income Residents of Gwangyang City’ to provide emergency living expenses. Meanwhile, the 287th emergency session was originally scheduled to open on the 20th but was advanced to the 7th to support overcoming COVID-19.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing