Hamyang-gun Submits First Supplementary Budget of 643.4 Billion Won to Council

Focus on Revitalizing the Local Economy and Key Current Projects

Hamyang-gun, Gyeongnam Province announced on the 8th that it has prepared the first supplementary budget for 2023, totaling 643.4 billion KRW, which is an increase of 25.4 billion KRW compared to the original budget for this year, and submitted it to the Hamyang County Council.

This first supplementary budget proposal was prepared with a focus on revitalizing the local economy, which has been stagnant due to the era of high interest rates and high oil prices, as well as addressing residents' requests during tours of towns and townships, and local pending projects.

Gyeongnam Hamyang County Office.

Looking at the details of the expenditure budget increase by sector, it was allocated in the order of ▲80 billion KRW for general public administration ▲79 billion KRW for land and regional development ▲57 billion KRW for agriculture, forestry, and marine fisheries ▲50 billion KRW for culture and tourism ▲24 billion KRW for social welfare.

The major expenditure budgets include ▲7.4 billion KRW for the construction of the Nui Center ▲1 billion KRW for the Green New Deal undergrounding project ▲500 million KRW for the installation of a rotary intersection at the public stadium ▲600 million KRW for the maintenance of the collapse-risk area in Dangbon district ▲1.5 billion KRW for the maintenance of the unconstitutional river in Songgye village ▲800 million KRW for infant childcare support ▲700 million KRW for onion support projects ▲400 million KRW for stable support of beekeeping infrastructure, among others.

This first supplementary budget proposal will be finalized after approval at the 275th Hamyang County Council extraordinary session, which will be held from March 17 to 31.

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