Daejeon City Allocates 143.2 Billion KRW in Supplementary Budget... Strengthening Infectious Disease Response and More

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Daejeon City has prepared the third supplementary budget for this year and submitted it to the Daejeon City Council. The supplementary budget amounts to 143.2 billion KRW, focusing on strengthening infectious disease response and other priorities.

The city announced on the 25th that it prepared the third supplementary budget and submitted it to the city council to prepare for the prolonged COVID-19 pandemic and to revitalize the stagnant local economy.

The supplementary budget was organized with a focus on strengthening infectious disease response, recovering the local economy, supporting vulnerable groups, and Daejeon-type New Deal projects.

First, through the supplementary budget, the city will invest 4.5 billion KRW in expanding negative pressure rooms at nationally designated hospitals and 5 billion KRW in building a public children's rehabilitation hospital.

In the local economic recovery sector, 36.2 billion KRW was allocated for the Hope Job Project, 27 billion KRW for supporting the issuance of Ontong Daejeon, 5.2 billion KRW for creating a social economy innovation town, and 4.9 billion KRW for establishing a content company incubation center.

Items and budgets to support vulnerable groups include 2.2 billion KRW for child meal expenses, 2.6 billion KRW for emergency welfare funds for households with income below 75% of the median income, and 1.1 billion KRW for living support expenses for those hospitalized or quarantined due to COVID-19 infection.

In the Daejeon-type New Deal project sector, the supplementary budget includes 10.1 billion KRW for public building green remodeling projects, 5.6 billion KRW for electric vehicle purchase support, 4.1 billion KRW for redevelopment of the Daejeon Station area, and 3 billion KRW for New Deal projects around Daejeon Station.

The city has secured 18.3 billion KRW in supplementary budget resources by adjusting existing expenditure projects, such as reducing event expenses that were canceled or scaled down due to COVID-19.

The third supplementary budget is expected to be finalized on the 24th of next month after approval by the city council.

Kim Ju-i, Director of Planning and Coordination at the city, said, “Although the city’s finances are very difficult due to two rounds of supplementary budgets, we have prepared the necessary budget to strengthen infectious disease response and recover the contracted local economy.”

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