Forest Service Secures 35.9 Billion KRW in Supplementary Budget to Support Economic Revitalization of Mountain Villages

Exterior view of the Government Daejeon Complex building housing the Korea Forest Service. Photo by Korea Forest Service

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Korea Forest Service has secured an additional budget of 35.9 billion KRW through a supplementary budget. The supplementary budget will mainly be used to support the economic revitalization of mountain village areas.

According to the Korea Forest Service on the 25th, this year's budget increased from the original 2.5282 trillion KRW to 2.5641 trillion KRW with an additional 35.9 billion KRW.

With the increased budget, the Korea Forest Service will first support vouchers and loans for forest product-producing households. It will also be used to expand forest-related jobs, such as hiring new forest biomass collection teams.

The voucher budget (new) totals 7.6 billion KRW, with 4.3 billion KRW allocated to support agricultural management entities targeting forest land, and 3.3 billion KRW to households producing forest products in mountainous areas.

A budget of 10.2 billion KRW has been allocated for loan support. The total number of hires for the forest biomass collection teams is 576.

Additionally, the Korea Forest Service plans to create 1,768 jobs, including 344 members for forest pest monitoring and control teams, 320 for building plant resource data at arboretums, and 400 for constructing forest trail data.

Park Jong-ho, Administrator of the Korea Forest Service, said, “Since the supplementary budget to support forestry workers has been secured, we will immediately proceed with the procedures to ensure the related budget is promptly executed and supported, and we will do our best in management.”

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