"Execute Budget Quickly" ... Gimcheon City Focuses Administrative Power on Year-End 'Rapid Execution'

'Local Finance Rapid Execution Promotion Meeting' of Gimcheon City held on the 16th

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Gimcheon City, Gyeongbuk Province, announced on the 17th that it held a meeting on the promotion of rapid local finance execution for the second half of 2020 on the 16th and checked the current status.

At the inspection meeting, the vice mayor and team leaders of each department focused on discussing the current status of rapid execution in the second half of the year and countermeasures to improve the year-end execution rate.

In particular, with only two weeks left until the end of the year for budget execution, they focused on checking measures to improve the execution rate for projects being carried out by each department to achieve the rapid execution target rate of 88% and 100% execution in the consumption and investment sectors (target amount of 157.4 billion KRW).

Gimcheon City is determined to do its best to revitalize the local economy through rapid execution, including rediscovering expenditure demands, maximizing the execution of carryover projects within the year, and utilizing special cases for advance payments and progress payments.

Vice Mayor Kim Jae-kwang said, "Although the conditions for local finance execution are difficult due to COVID-19 and other factors, we will mobilize all administrative power for financial execution until the end of the year to revitalize the local economy and promote economic recovery."

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