Jinan-gun Accelerates Prompt Execution to Revitalize Local Economy

[Asia Economy Honam Reporting Headquarters Reporter Go Dallyeong] Jinan-gun (Governor Jeon Chunsung) is accelerating prompt execution to revitalize the local economy, which has been depressed due to COVID-19.

Jinan-gun, in line with the government's policy direction for prompt execution to revitalize the sluggish domestic economy, has established measures to enhance prompt execution and is swiftly executing more than 182.8 billion KRW, which is 65% of the target amount of 281.2 billion KRW for the first half of the year.

They plan to actively utilize local finance prompt execution guidelines such as urgent bidding for various construction projects, activation of advance payment execution, and shortening of various review periods, as well as maximize the use of prepayment and pre-purchase to activate spending in consumption and investment sectors.

As of the end of March, Jinan-gun executed 82.2 billion KRW (execution rate 29.3%), achieving the highest execution performance in the province.

Governor Jeon Chunsung said, “We will do our best to maximize execution in job creation and consumption/investment sectors, which have significant economic ripple effects and are closely related to residents' lives, to enhance local economic vitality that residents can feel.”

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