Gwanak-gu Confirms 58.2 Billion KRW for 2022 First Supplementary Budget... Full Effort to Support COVID-19 Response and Livelihood Stability

[Seoul District News] Gwanak-gu Focuses on Overcoming Livelihood Crisis with COVID-19 Living Support, Public Job Projects, and Gwanak-style Artterior

[Asia Economy Reporter Park Jong-il] Gwanak-gu (Mayor Park Jun-hee) has finalized the first supplementary budget of 58.2 billion KRW this year to respond to COVID-19 and revive the stagnant local economy.

The first supplementary budget for 2022 amounts to 985.3 billion KRW, a 6.28% increase compared to the original budget of 927.1 billion KRW.

The district announced that it carried out an early supplementary budget on the 23rd after review and approval by the district council to proactively secure funds for COVID-19 response projects amid the rapid spread of the Omicron variant and to boost local economic vitality through job creation.

This supplementary budget focuses on timely support for vulnerable groups amid ongoing difficulties in the livelihood economy, with concentrated investment in ▲ COVID-19 response ▲ livelihood stabilization and safety enhancement sectors.

First, in the COVID-19 response sector, an additional 29.8 billion KRW will be allocated for living support expenses for hospitalized and quarantined individuals due to the recent surge in COVID-19 cases, minimizing inconvenience to residents through prompt payment.

Also, a total of 30 billion KRW will be invested in COVID-19 response, including a confirmed budget of 120 million KRW for temporary support to strengthen care for welfare recipients such as activity assistants providing services to COVID-19 positive disabled persons and childcare fee support for foreign children attending daycare centers.

In the livelihood stabilization and safety enhancement sector, an additional 1.7 billion KRW will be invested in three public job projects, including 1.4 billion KRW for the Gang Gam-chan Gwanak-type livelihood stabilization jobs, aiming to secure the livelihood and employment stability of about 500 low-income vulnerable groups.

Furthermore, to support the recovery of local alleyway commercial districts, 1 billion KRW will be provided for the Gwanak-type Artterior project, which collaborates with young artists to improve the design of small business stores, and 500 million KRW will be allocated for investment responding to public contest projects, aiming to achieve both strengthening small business competitiveness and creating youth jobs.

Additionally, 32 million KRW will be secured for safety-related budgets following the enforcement of the Serious Accident Punishment Act, and 25 billion KRW for disaster and emergency contingency funds to respond to the COVID-19 crisis, to be used as resources to overcome the livelihood crisis.

A district official stated, “Our district has made strenuous efforts to overcome COVID-19, and this early supplementary budget can also be seen as part of those efforts,” adding, “We will do our best to promptly execute the confirmed budget of 58.2 billion KRW to provide timely support for COVID-19 victims and to restore the stagnant livelihood economy.”

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