[2022 National Audit] Kim Dong-yeon "Budget for Local Currency Issuance Should Be Allocated Next Year as Well"

Gyeonggi Province Governor Kim Dong-yeon is responding to lawmakers' questions during the National Assembly Land, Infrastructure and Transport Committee's audit of Gyeonggi Province on the 14th.

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Kim Dong-yeon, Governor of Gyeonggi Province, argued that the budget for issuing local currency should be allocated again next year.

On the 14th, during the National Assembly Land, Infrastructure and Transport Committee's audit of Gyeonggi Province, Kim responded to a question from Jang Cheol-min, a Democratic Party lawmaker from Dong-gu, Daejeon, regarding the budget cut for local currency, stating, "The effectiveness of the local currency project has been verified," and added, "Since it helps local consumption, small business owners, and self-employed individuals, it must continue."

He continued, "Initially, the central government removed the related budget items, but I will strive to have them reflected during the National Assembly's budget review," and added, "If this does not work well, we will consider ways to resolve it at the provincial level as a second measure."

He also explained, "We can consider adjusting the discount rate (incentives) when issuing local currency, or providing different benefits during specific periods such as Lunar New Year or holidays compared to regular periods."

However, Governor Kim emphasized, "The important thing is that I will do my best to ensure that the related budget is reflected again next year."

Earlier, the government completely cut the budget related to the issuance of local currency for next year.

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