Goryeong-gun, Final Push for Rapid Execution of Local Finances in the First Half of the Year

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Goryeong County (Governor Kwak Yong-hwan) announced on the 4th that it held a local finance rapid execution report meeting on the 3rd and decided to make every effort to revitalize the local economy, which has been stagnant due to the prolonged COVID-19 pandemic.

The report meeting, chaired by Deputy Governor Kim Sang-woo, focused on analyzing the reasons for non-execution by department, which have not met the target amount by the end of June, and preparing measures to improve execution performance in consumption and investment sectors.

With one month left for rapid execution in the first half of the year, the plan is to check the progress mainly for underperforming projects and actively utilize special local finance rapid execution systems such as advance payments, emergency bidding, and prior notification of government-supplied materials to increase the execution rate.

Deputy Governor Kim Sang-woo urged, "I hope all public officials will take responsibility and concentrate all administrative power on the rapid execution of the public sector budget in the first half of the year, which will be an opportunity to revitalize the local economy, consumption, and investment, which have been depressed due to COVID-19."

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