Geochang-gun, First Half Rapid Execution Strategy Meeting to Overcome Economic Downturn

Increased by 2.8% Above the Target Proposed by the Ministry of the Interior and Safety

First Half Rapid Execution Strategy Report Meeting.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Geochang-gun, Gyeongnam announced on the 28th that it has set a rapid execution target of 241.5 billion KRW for the first half of this year to overcome the economic downturn caused by COVID-19.

According to the county, the total budget subject to rapid execution in the first half of 2022 is 413.7 billion KRW, of which 58.4% will be spent early.

This is 2.8% higher than the government's rapid execution target of 55.6% for this year.

At the countermeasure briefing held on the 28th in the county office situation room, all heads of departments from the main office and business sites attended and intensively discussed detailed execution plans and response strategies to increase the execution rate to achieve the rapid execution target rate for the first half of the year.

To promote efficient rapid execution, the county decided to check the progress of large-scale investment projects over 1 billion KRW, continuing expenses, and carryover projects at least once a month to resolve difficulties and problems related to project delays.

Projects in the consumption and investment sectors, which have significant economic ripple effects and are closely related to residents' lives, will also be intensively managed through separate oversight. To achieve the first quarter target of 67.4 billion KRW, weekly execution plans will be established and department-wise execution performance will be checked frequently.

The county plans to actively utilize emergency bidding according to related guidelines, activation of advance payment execution, shortening of payment deadlines, the pre-notification system for purchasing government-supplied materials, and usage before supplementary budget establishment to ensure rapid financial execution.

Kim Tae-hee, Deputy County Governor, who presided over the briefing, emphasized, “Rapid execution in the first half is a government economic stimulus measure aimed at establishing a virtuous cycle in financial management, preventing budget execution concentration at the end of the year, and securing efficiency in budget execution.”

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