‘Full of Budget Saving Ideas~!’ … Local Finance Best Practices Presentation Contest

Case-Centered Examples of Expenditure Reduction and Policy Development for Local Fiscal Innovation

Winners of the Local Finance Excellence Awards are taking a commemorative photo after the 'This Year's Local Finance Excellence Case Presentation Contest.'

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Gyeongbuk Province held the 'Local Finance Best Practices Presentation Contest' on the 22nd at the Andong Richel Hotel, with over 100 budget officers from 23 cities and counties in the province attending, focusing on improving local finance efficiency and reducing expenditures.

This presentation contest evaluated the main cases submitted by each city and county, with budget experts as judges, focusing on actual effectiveness and whether the cases could be shared with other local governments.

The main presentation topics included reducing electricity bills through the spread of eco-friendly energy, budget savings through integrated project promotion via inter-departmental collaboration, and efficient utilization of abandoned waste sites.

As a result of the contest, combining written and presentation evaluations, one team was selected for the grand prize, two teams for excellence awards, and three teams for encouragement awards based on the highest scores.

The grand prize went to Gumi City's case titled 'Reducing the Burden on Small Business Owners through Efficient Disposal of Leftover Food!' This case was highly praised by attendees for achieving social and economic cost savings by disposing of leftover food from businesses producing large amounts of food waste and processing it nearby through transport companies.

Hwang Myeong-seok, Director of Planning and Coordination at Gyeongbuk Province, said, "We will make every effort to actively promote the methods and technologies for fiscal reform through the excellent cases selected in this contest so that local finances can be managed more soundly."

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