Jeonnam Provincial Council Reviews 2nd Supplementary Budget Proposal
[Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] The Jeonnam Provincial Council announced on the 16th that it reviewed the second supplementary budget proposal for 2020 submitted by Jeonnam Province at the 1st regular meeting of the 342nd session held on the 15th.
The total scale of the 2020 budget proposal submitted by Jeonnam Province was 9.1442 trillion won, an increase of 813 billion won compared to the originally approved budget of 8.3312 trillion won.
The Special Committee on Budget and Accounts focused its review on whether the preliminary administrative procedures for facility projects were properly carried out and whether the measures presented amid the COVID-19 crisis were formulated promptly and appropriately.
In particular, 21 items including the "Lifelong Education Support Center Project for Severely Developmentally Disabled Persons," "Tourism Environment Improvement Project for Tourism Vulnerable Groups," "Support for Reducing Agricultural Production Costs," and "Support for Facilities and Equipment to Improve Fruit Production and Quality" were increased by 16.76 billion won.
Additionally, seven non-urgent budget items, including "Support for Hosting the e-Mobility Expo" and "Basic Plan and Feasibility Study for the World Island Expo," were cut by 16.76 billion won.
Moon Haengju, chairman of the Budget and Accounts Committee, said, "The local economy is currently experiencing an unprecedented crisis due to COVID-19. Effective and swift measures must be implemented through the supplementary budget to reduce the damage to residents," adding, "I hope this supplementary budget will be executed promptly and timely to serve as a pillar for early overcoming of the economic crisis."
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Meanwhile, the reviewed supplementary budget proposal will be finalized through approval at the 2nd plenary session of the 342nd meeting scheduled for the 17th.
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