Muan-gun Selected as Best Local Government for Rapid Local Finance Execution

Selected as the Best Nationwide Military Group in the Ministry of the Interior and Safety Evaluation

Secured 180 million KRW including Special Grants

Muan-gun Office Building Exterior (Photo by Muan-gun)

[Asia Economy Honam Reporting Headquarters, Reporter Oh Hwan-joo] Muan County, Jeollanam-do (Governor Kim San) was selected as the best institution in the county group in the "2020 Second Half Local Finance Rapid Execution Evaluation" conducted by the Ministry of the Interior and Safety targeting 243 local governments nationwide, securing a special grant of 80 million KRW, and also ranked 2nd in the evaluation of 22 cities and counties in Jeollanam-do, securing a financial incentive of 100 million KRW.

According to Muan County on the 11th, in response to the economic downturn caused by COVID-19 and to revitalize the local economy, the county strongly promoted rapid budget execution, executing 687.6 billion KRW (execution rate 84.53%), far exceeding the Ministry of the Interior and Safety's target rate of 76.6% for the second half of last year, marking the largest scale ever.

In particular, in April last year, when the COVID-19 situation intensified, the county quickly prepared a supplementary budget to stabilize the people's livelihood economy and overcome the local economic crisis, rapidly executing budgets such as Muan-type disaster relief funds and emergency living stabilization funds for small business owners.

Especially, projects that could not be executed were cut through the supplementary budget, and the budget was restructured to executable projects. Through several rapid execution progress checks, solutions to budget execution problems were prepared and actively promoted.

Governor Kim San said, "Being selected as the best institution in the 2020 second half rapid execution evaluation is the result of all public officials working together," encouraging the staff and adding, "In 2021, under the awareness of an economic emergency, we will do our best for rapid local finance execution to stabilize residents' lives and enhance local economic vitality."

Meanwhile, Muan County also exceeded the Ministry of the Interior and Safety's target rate (57.0%) with a financial execution rate of 65.71% in the first half of 2020, receiving an incentive of 5 million KRW from Jeollanam-do.

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