Sancheong-gun Achieves Record High in Rapid Expenditure Performance for Second Half of 2020

Ministry of the Interior and Safety Final Evaluation Outstanding Institution, Secures 40 Million KRW in Special Grants

Sancheong County Office Marker Stone

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] The rapid execution rate for revitalizing the local economy in the second half of last year in Sancheong-gun, Gyeongnam Province, has been recorded as the highest ever.

On the 19th, the county announced that it was selected as an "Excellent Institution" in the Ministry of the Interior and Safety's '2020 Second Half Rapid Execution Final Evaluation' and secured a special grant of 40 million KRW.

Sancheong-gun recorded execution rates of 144.12% in the 3rd quarter and 121.98% in the 4th quarter against the target in the consumption and investment budget execution performance category. This is the best execution performance ever.

Since early last year, the county has made every effort with all employees to inject vitality into the local economy, which was stagnated due to COVID-19 and the monsoon season.

The Rapid Execution Promotion Team, led by County Governor Lee Jae-geun, has been promoting systematic rapid execution by holding monthly reporting meetings to devise countermeasures for underperforming projects.

Sancheong-gun plans to fully execute the budget of 171.9 billion KRW, the rapid execution target for the first half of this year. This corresponds to 60% of the total rapid execution target amount of 311.9 billion KRW for the entire county this year.

Governor Lee said, "The selection as an excellent institution for rapid execution is the result of all employees working with one heart to overcome the economic downturn despite difficult conditions," and emphasized, "We will continue to devote all our capabilities to rapid execution and sound financial management to plant the seeds of recovery in the depressed local economy."

Meanwhile, this evaluation was conducted on 243 local governments nationwide in the second half of last year. It comprehensively assessed the achievement of rapid execution targets, consumption and investment execution performance in the 3rd and 4th quarters, and job project execution performance.

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