Agriculture, Forestry, Maritime, and Fisheries Sector Holds Largest Share with 108.5 Billion Won

Exterior view of Gangjin-gun Office ? Asia Economy

Exterior view of Gangjin-gun Office ? Asia Economy

View original image

[Gangjin=Asia Economy Honam Reporting Headquarters Reporter Kim Yong-su] Gangjin County in Jeonnam has prepared a 2022 budget totaling 441.1 billion KRW, including 431.9 billion KRW in the general account and 9.2 billion KRW in the special account, and submitted it to the council.


According to the county on the 16th, the budget will be focused on revitalizing the local economy worsened by COVID-19, expanding employment through job creation, increasing income in farming and fishing villages, balanced regional development, and improving the quality of life for residents.


The general account increased by 14.6% (55 billion KRW), and the special account also rose by 11.12% (900 million KRW), surpassing 400 billion KRW for the first time based on Gangjin County's main budget.


By sector, the agriculture, forestry, marine, and fisheries sector accounted for the largest share with 108.5 billion KRW, representing 25.12% of the total budget, followed by the social welfare sector with 89.9 billion KRW, accounting for 20.82%.


County Governor Lee Seung-ok stated, "Next year, we will make every effort to proactively respond to the phased recovery of daily life and actively spend the budget to revitalize the local economy and achieve a new leap forward for Gangjin's development," adding, "We seek the council's active cooperation."


Meanwhile, the 2022 main budget proposal will be submitted for review and approval at the '275th Gangjin County Council Regular Session' starting on the 17th.



Gangjin=Asia Economy Honam Reporting Headquarters Reporter Kim Yong-su kys86120@asiae.co.kr


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing