Gurye-gun, 3rd Supplementary Budget Proposal of 579.7 Billion KRW Prepared... Increase of 163.5 Billion KRW

125.8 Billion KRW Increase Due to Flood Recovery Projects, Accounting for 77% of Total Increase
6 Billion KRW Allocated for National Support Fund, 1 Billion KRW for Vulnerable Groups and Quarantined Residents Support

Kim Sun-ho, the governor of Gurye-gun, is presenting the proposal for the 3rd supplementary budget at the temporary session of the Gurye-gun Council. (Photo by Gurye-gun)

[Gurye= Asia Economy Reporter Yuk Miseok] Jeollanam-do Gurye-gun (Governor Kim Sun-ho) has prepared the 3rd supplementary budget proposal of 579.7 billion KRW this year and submitted it to the Gurye-gun Council yesterday.

It was announced on the 7th that the 3rd supplementary budget proposal increased by 163.5 billion KRW compared to the original budget.

By sector, the budget includes ▲ disaster prevention and mitigation 120.1 billion KRW (271.6% increase), ▲ culture and tourism 7 billion KRW (17.6% increase), ▲ social welfare 9.5 billion KRW (14.3% increase), ▲ agriculture 4.1 billion KRW (6.2% increase), ▲ environment 1.1 billion KRW (14.6% increase), ▲ industry 1.5 billion KRW (18.7% increase), ▲ transportation and logistics 2.3 billion KRW (22.8% increase), and ▲ national land and regional development 6.3 billion KRW (26.9% increase).

Recovery projects related to last year's Seomjin River flood accounted for 125.8 billion KRW, representing 77% of the total increase.

The county plans to complete preliminary administrative procedures for permanent restoration projects such as rivers and sewage treatment facilities in the second half of the year and start construction within the year.

60 billion KRW was allocated for the COVID-19 coexistence national support fund.

10 billion KRW was set aside for temporary livelihood support funds, temporary living expenses for low-income groups, and COVID-19 living support expenses to assist vulnerable groups and isolated residents.

To revive the local economy, projects such as the Hope Work Job Project, tourist site quarantine job project, street vendor income stabilization support project, and the second compensation project for small business owners were reflected. The issuance amount of local love gift certificates will be significantly expanded from the original 6 billion KRW to 20 billion KRW.

Major projects include budgets for four regional projects: Seomjin River Sky Bike, Sansuyu Experience Yard, experience facilities around the Lake Park, and Hwaeomsa Blue Tour Project.

Governor Kim Sun-ho stated in the supplementary budget proposal explanation, "The spread of COVID-19 and last year's flood have increased the difficulties of the residents," adding, "We will ensure the safety of residents through permanent flood recovery, and revitalize the local economy by providing national support funds and creating jobs."

The 3rd supplementary budget proposal is expected to be finalized after review and approval at the 283rd Gurye-gun Council extraordinary session held until the 15th.

Gurye= Asia Economy Honam Reporting Headquarters Reporter Yuk Miseok kun5783@asiae.co.kr

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