Gokseong-gun Selected as a 'Excellent Institution' Nationwide for Rapid Execution in the First Half of 2021

High Execution Rate in Consumption and Investment Sectors with Significant Economic Ripple Effects
Exceeded Ministry of the Interior and Safety Targets, Secured 35 Million KRW in Fiscal Incentives

[Gokseong=Asia Economy Honam Reporting Headquarters, Reporter Heo Seonsik] Gokseong-gun, Jeollanam-do (Governor Yoo Geun-gi) announced on the 9th that it was selected as an excellent institution in the evaluation of the 2021 first half local finance rapid execution performance among 243 local governments nationwide, hosted by the Ministry of the Interior and Safety.

The county executed 162.7 billion KRW out of the rapid execution target amount of 290.3 billion KRW in the first half. With an execution rate of 56.04%, it exceeded the Ministry of the Interior and Safety’s city and county target rate of 55.1%. Accordingly, Gokseong-gun will receive a special grant of 35 million KRW from the Ministry of the Interior and Safety as an incentive for being selected as an excellent institution.

In particular, Gokseong-gun’s execution rate stood out in the consumption investment sector, which has a significant ripple effect on economic revitalization. In the first quarter, it executed a whopping 64.2 billion KRW, exceeding the target amount by 116.3%, ranking first in Jeollanam-do. In the second quarter as well, it executed 81.5 billion KRW, recording an execution rate of 108.6% against the target amount, leading economic revitalization.

This result was supported by the interest and efforts of the entire organization. Gokseong-gun formed a rapid execution promotion team led by the deputy governor. The promotion team frequently checked the rapid execution status and held reporting meetings, making every effort to achieve the goal. Additionally, Gokseong-gun participated in the Good Consumer Movement at the institutional level and swiftly promoted flood damage recovery projects that occurred last year, working hard to boost the local economy, which was stagnated due to COVID-19.

A county official stated, "We will lead the local economy in the second half through expansive fiscal execution and active project promotion.”

Gokseong=Asia Economy Honam Reporting Headquarters, Reporter Heo Seonsik hss79@asiae.co.kr

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