Hapcheon-gun Selected as an Excellent Institution for Fiscal Execution in the Second Half of 2022

145% Execution Against Q4 Target

Hapcheon-gun, Gyeongnam Province announced on the 20th that it was selected as an excellent institution in the ‘2022 Second Half Rapid Fiscal Execution Evaluation’ conducted by Gyeongnam Province, securing a special adjustment grant of 100 million KRW.

This evaluation was conducted based on rapid execution in the second half of 2022 and consumption and investment performance in the 3rd and 4th quarters, and Hapcheon-gun was selected as an excellent institution thanks to its first place in consumption and investment in the 4th quarter.

Among the indicators, the consumption and investment sector, which is directly related to economic revitalization, is managed separately by quarter. The county previously executed 120.3 billion KRW, exceeding the 4th quarter consumption and investment target of 83.2 billion KRW by 145%, achieving first place in Gyeongnam Province and 8th place among basic local governments nationwide.

Hapcheon County Office, Gyeongnam.

To ensure rapid execution in the second half of last year, the county formed a task force led by Vice Governor Lee Seon-gi, held regular and ad hoc countermeasure meetings, analyzed execution performance daily, and mobilized all administrative efforts to execute the budget without fail by checking the progress and reasons for poor execution of each project.

In particular, the county separately managed the progress rate of large-scale investment projects over 1 billion KRW, maximizing payments of advance payments, progress payments, and completion payments, and when execution was difficult due to prior procedures, it discovered additional executable parts, focusing on minimizing carryover and unused amounts.

Governor Kim Yoon-cheol said, “It takes considerable time for even one won of the budget to be executed, and this achievement is the result of all staff actively working together on fiscal execution,” adding, “Please continue to execute the budget swiftly and do your best to manage finances in a way that residents can feel.”

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