'Win-Win Consumption Support Fund' Selected as an Excellent Case of Active Administration by the Ministry of Economy and Finance

[Sejong=Asia Economy Reporter Son Seon-hee] The 'Win-Win Consumption Support Fund' system, introduced to stimulate consumption weakened by COVID-19, was selected as an excellent proactive administration case by the Ministry of Economy and Finance this year. In addition, public institution safety management grading system, support for small and venture companies through the expansion of innovative procurement, and others also received awards.

The Ministry of Economy and Finance announced on the 28th that it held the '2021 Ministry of Economy and Finance Proactive Administration Awards Ceremony' chaired by Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki with these contents.

Among 21 excellent case candidates, the Proactive Administration Committee and the general public considered ▲policy perception ▲creativity ▲policy effectiveness, and finally selected three cases including 'Implementation of Public Institution Safety Management Grading System, Support for Small and Venture Companies through the Expansion of Innovative Procurement, and Win-Win Consumption Support Fund.'

Other policies highly evaluated by the general public included the '20% temporary reduction of fuel tax' and the 'Establishment of Data and AI-based Smart Policy Decision System' cases.

Cases that innovated internal work or improved work efficiency included ▲improvement of appointment celebration culture by eradicating Si-bo rice cake ▲sharing book reviews among employees ▲reducing litigation budget burden ▲Ministry of Economy and Finance Policy MVP, totaling four cases awarded.

Recipients of related excellent proactive administration cases were awarded prize money and trophies, and incentives such as preferential treatment in performance evaluation and reward leave will also be provided.

The excellent proactive administration departments included three divisions: the Policy Coordination General Division and Planning General Division, which promoted Korean New Deal 2.0 tasks, and the Innovation Growth Planning Team, responsible for expanding the Big 3 growth engines and innovation dissemination.

The Ministry of Economy and Finance stated, "In 2022, we will continue to support and manage major core policies through proactive administration and focus our capabilities to share policy implementation results so that the public can feel the effects."

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