Sancheong-gun Selected as 'Excellent Institution' in Rapid Assessment ... Secures 100 Million Won in Special Adjustment Grants

Consumption and Investment Budget Executed at 118% of Target

Site of the natural disaster risk area in Bongdu District, Saengbiryang-myeon.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Sancheong-gun's rapid execution rate for regional economic revitalization in the second half of last year ranked among the top in Gyeongnam Province.

On the 25th, Sancheong-gun announced that it was selected as an "excellent institution" in the rapid execution evaluation conducted by Gyeongnam Province for the second half of 2021, securing a special adjustment grant of 100 million won.

This evaluation was conducted by reflecting the achievement of rapid execution targets and quarterly consumption and investment execution performance for 18 local governments in the province in the second half of last year.

Sancheong-gun recorded execution rates of 116.86% in the third quarter and 118.41% in the fourth quarter against targets in the consumption and investment budget execution sector, which has a significant regional economic ripple effect.

This level corresponds to the upper ranks among local governments in Gyeongnam Province. Since early last year, the county has been making every effort with all employees to revitalize the local economy, which had been stagnated due to COVID-19 and the monsoon season.

Since early last year, the county formed a rapid execution promotion team led by the county governor to check the progress and held monthly rapid execution progress report meetings. As a result of preparing countermeasures for underperforming projects and promoting systematic rapid execution, it received a good evaluation.

The county plans to fully execute the financial budget of 231.8 billion won, the rapid execution target for the first half of this year. This corresponds to 60% of the total rapid execution target amount of 311.9 billion won for the entire county this year.

County Governor Lee Jae-geun emphasized, "The selection as an excellent institution for rapid execution is the result of all employees working with one heart to overcome the economic downturn despite difficult conditions," adding, "We will continue to devote all our capabilities to rapid execution and sound financial management to sow the seeds of recovery in the depressed local economy."

Sancheong-gun was also selected as an excellent institution in the final rapid execution evaluation conducted by the Ministry of the Interior and Safety for 243 local governments nationwide in the second half of last year, securing a special grant of 40 million won.

The rapid execution evaluation comprehensively assesses target achievement performance, quarterly consumption and investment execution performance, and job project execution performance.

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