Budget Era of 700 Billion Won Approaches... Focus on Regional Economic Recovery and Livelihood Stability

Kim Cheol-woo, the governor of Boseong County, is explaining the 'Reboot Boseong 333' vision at the Boseong County Council held on the 24th. (Photo by Boseong County)

Kim Cheol-woo, the governor of Boseong County, is explaining the 'Reboot Boseong 333' vision at the Boseong County Council held on the 24th. (Photo by Boseong County)

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[Boseong=Asia Economy Honam Reporting Headquarters, Reporter Park Cheon-seok] Kim Cheol-woo, the governor of Boseong County, announced on the 25th the vision of ‘Reboot Boseong333’ during the proposal explanation of next year’s main budget.


The ‘Reboot Boseong333’ vision presents detailed goals within the broad framework of rebooting all sectors for a phased recovery of daily life as the direction of Boseong County’s administration next year.


The first is the speedy promotion of the three major SOC projects and five New Deal initiatives, which were the vision for this year.


The second is the three major challenges toward the world: ▶ Hosting the Boseong World Tea Expo as an international event ▶ Successfully holding the World Wetlands Day event ▶ Challenging the registration of Deukryang Obongsan Gudlejang site as a World Cultural Heritage.


The third is to foster three major specialty products?Boseong green tea, Beolgyo cockles, and Boseong kiwi?as key products.


Green tea will be developed as a Jeonnam-type regional growth strategic project, cockles will be nurtured through the national mudflat garden project, and kiwi will expand its scope through aggressive project attraction such as geographical indication registration and the Rural New Vitality Plus project.


The county prepared a main budget of 582.6 billion won for next year to realize the ‘Reboot Boseong333’ vision and submitted it to the Boseong County Council on the 19th.


This is an increase of 47.6 billion won compared to this year’s main budget of 535 billion won, with the general account increasing by 43.8 billion won to 527 billion won and the special account increasing by 3.8 billion won to 55.6 billion won.


The budget proposal will be finalized on the 15th of next month after approval by the Boseong County Council.


Governor Kim Cheol-woo said, “Next year marks the end of the 7th elected term, but it is also an important time to achieve a successful recovery from COVID-19 daily life,” adding, “Boseong County will not aim to return to the pre-COVID-19 daily life but will focus all administrative power to provide citizens with a better daily life and quality of life than before COVID-19.”


By sector, 55.9 billion won was allocated for general administration, safety, and education, including ▶ 13.5 billion won for natural disaster risk improvement district maintenance projects, ▶ 4.2 billion won for the construction of the Boseong County Complex Community Center (administrative support facility), ▶ 1.2 billion won for steep slope collapse risk district maintenance projects, and ▶ 1 billion won for the 8th nationwide simultaneous local elections expenses.


The culture and tourism sector will invest 23.8 billion won, including ▶ 1.6 billion won for the creation of Boseong Sinheung Hill, ▶ 800 million won for the Gudlejang Healing Park construction project, and ▶ 700 million won for the Boseong Dayang Festival.


With the era of ‘COVID-19 phased daily recovery,’ cultural content support will be greatly strengthened, and it is expected to play a central role in culture and tourism.


The social welfare and health sector has a total budget of 126.2 billion won, including ▶ 46 billion won for basic pensions, ▶ 8.5 billion won for senior social activity support projects, ▶ 9.4 billion won for livelihood and housing benefits, and ▶ 1.4 billion won for various vaccination costs including COVID-19, aimed at citizens’ health and seamless welfare.


In agriculture, forestry, marine, and fisheries, 162.6 billion won was allocated, including ▶ 23.6 billion won for public payment support, ▶ 6.9 billion won for the Yulpo Marine Leisure Tourism Hub project, ▶ 6.4 billion won for farmers and fishermen’s public benefit allowances, ▶ 3.2 billion won for the Deukryang Bay clean fishing ground regeneration project, and ▶ 2.5 billion won for the Fishing Village New Deal 300 project (Jangyang Port). Additionally, 88 billion won was allocated for the environment sector, and 50 billion won each for regional development, transportation, and industry sectors.


Meanwhile, the county expects to enter the 700 billion won budget era through the third supplementary budget this year.



Boseong=Asia Economy Honam Reporting Headquarters, Reporter Park Cheon-seok kun5783@asiae.co.kr


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

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