Gwangjin-gu Holds Listening Talk for Sound Public Finance Management

On the 28th, a platform was established to enhance the soundness, transparency, and efficient execution of public finances

Participants included stakeholders from private subsidy projects in social welfare, culture and sports, education, and general public administration sectors

Discussion on improving the execution of public financial payments and a special lecture on the Public Finance Recovery Act were held

Gwangjin-gu (Mayor Kim Kyung-ho) held the ‘Listening Talk-Talk for the Sound Operation of Public Financial Payments’ on the 28th at the main auditorium.

The district invited about 150 representatives and practitioners of private subsidy projects and responsible public officials to communicate, ensuring that public finances such as subsidies and reimbursements are executed transparently and efficiently where needed.

First, Mayor Kim Kyung-ho listened to the difficulties experienced by private subsidy organizations in various fields such as ▲social welfare ▲education ▲general public administration during the execution of public financial payments and discussed practical improvement measures.

Opinions raised included “There are many duplicate document submissions,” “The subsidy management system is complicated to use,” and “Pre-execution training and detailed manuals are needed before subsidy disbursement.”

Mayor Kim said, “Subsidy execution is complicated and difficult,” adding, “We will simplify the documents that can be confirmed through the system and minimize procedures to improve efficiency.”

Following this, a special lecture on the sound operation of public finances was conducted.

The lecture was delivered by Joo Yang-soon, a specialist in integrity education from the Anti-Corruption and Civil Rights Commission.

The content covered ▲basic concepts of the Public Finance Recovery Act ▲types of fraudulent claims ▲fraudulent claim cases. Attendees exchanged discussions on enhancing soundness while reviewing fraud cases.

Mayor Kim Kyung-ho stated, “We organized this opportunity for stakeholders to communicate and collaborate so that public finances can be effectively used where truly needed,” and added, “We will continue efforts to realize public financial management that residents can trust even more.”

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