Boseong-gun Selected as 'Best Institution' for Rapid Local Fiscal Execution

Published 25 Jul.2023 14:07(KST)

185.3 Billion KRW Executed in Consumption and Investment Sector

Shining Effects on Regional Economic Revitalization

Boseong-gun, Jeollanam-do announced on the 24th that it was selected as the best institution in the ‘2023 First Half Local Finance Rapid Execution Performance Evaluation’ hosted by Jeollanam-do.

The ‘Local Finance Rapid Execution Performance Evaluation’ is a comprehensive budget execution evaluation conducted annually for 22 cities and counties to ensure financial operation efficiency and promote regional economic revitalization.

[Photo by Boseong-gun]

Boseong-gun executed 215.7 billion KRW out of the rapid execution target of 425.7 billion KRW in the first half of this year, achieving an execution rate of 51%.

In particular, in the consumption and investment sectors that directly affect the local economy, Boseong-gun executed 185.3 billion KRW, exceeding the first half target of 163.1 billion KRW by 22.2 billion KRW, recording an execution rate of 114%.

Boseong-gun encouraged execution by checking the progress of execution quarterly, monthly, and weekly, and supported rapid execution by providing advance payments and progress payments for various construction works and services.

Additionally, they conducted reporting meetings and on-site inspections by departments to identify problems and seek solutions, focusing on managing the execution status.

Kim Cheol-woo, the governor of Boseong-gun, said, “This is the result of all employees working together for the stability of residents' lives and the revitalization of the local economy,” and added, “We will also make every effort for rapid financial execution in the second half of 2023.”