Geochang-gun Selected as an 'Excellent Institution for Local Price Stability Management' ... Secures 70 Million Won in Special Grants

Geochang County Office, Gyeongnam.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Geochang-gun, Gyeongnam announced on the 19th that it was selected as an excellent institution in the 2022 Local Price Stability Management Performance Evaluation hosted by the Ministry of the Interior and Safety, securing a special grant of 70 million won.

This evaluation comprehensively assessed the various efforts of local governments to stabilize local prices, targeting 243 local governments nationwide, including ▲stabilization management of local public utility charges ▲support for reasonably priced businesses ▲inflation rate of personal service fees ▲performance in stabilizing local prices ▲performance in stabilizing personal service fees.

The county received high scores in evaluation items such as freezing water and sewage fees and volume-based waste bag prices in the first and second half of the year, incentives for reasonably priced businesses, discount sales of Geochang Love Gift Certificates to revitalize the local economy, meetings with personal service industry groups, price stability monitoring teams, and joint public-private inspections.

County Governor Goo In-mo said, “This evaluation is the result of the efforts of all Geochang residents to revitalize the local economy despite high inflation,” adding, “We will continue to implement various policies related to overcoming the economic crisis and stabilizing prices.”

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