Gyeongbuk Cheongsong-gun, Making Every Effort to Secure the 'Local Extinction Response Fund'

Cheongsong County Office.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Gwi-yeol] Cheongsong-gun, Gyeongbuk Province is focusing on devising measures to secure the Local Extinction Response Fund promoted by the government.

The Local Extinction Response Fund is a financial resource designated by the Ministry of the Interior and Safety last October, selecting 89 population-declining cities and counties nationwide including Cheongsong-gun. Starting this year, it will provide a total of 10 trillion KRW over 10 years, with 1 trillion KRW annually, to respond to the phenomenon of local population decline. Local governments designated as population-declining areas will be evaluated on their fund investment plans and receive differentiated support based on the results.

Cheongsong-gun formed a fund response TF team, led by Vice-Gun Chief Lee Seong-ho, consisting of 25 members from 13 departments. They are making every effort to secure the maximum amount of funding.

On the 17th at 10 a.m., with all TF team members gathered, Cheongsong-gun held an explanatory session on the fund to deepen understanding and establish a substantial investment plan, brainstorming to discover differentiated projects.

A Cheongsong-gun official said, “We will proactively respond to the intensifying population decline and local extinction crisis by securing funds through creative and differentiated strategies utilizing excellent local resources.”

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