Jin Byeong-yeong, Hamyang County Governor, Puts Full Effort into Securing Next Year's Provincial Funds

Gyeongnam Provincial Budget Office Visits Gyeongnam Provincial Council

Jin Byeong-yeong, the governor of Hamyang-gun, Gyeongnam, visited the Gyeongnam Provincial Budget Office and the Gyeongnam Provincial Council consecutively to propose the 2024 local transfer projects.

Governor Jin first met with Jeong Seol-hwa, the budget officer at Gyeongnam Provincial Government, and Jeong Hwan-su, the national funding strategy officer, to explain the necessity and urgency of the local transfer projects applied for next year and actively requested provincial financial support.

He then visited each standing committee office of the Gyeongnam Provincial Council to request considerable interest and support for Hamyang-gun to promote balanced regional development in Gyeongnam Province.

County Governor Jin Byeong-yeong is visiting the Gyeongnam Provincial Budget Officer's Office to request provincial funding support.

The local transfer projects proposed this time consist of a total of 38 projects (19 new and 19 ongoing), with a total project cost of 177.2 billion KRW. The 2024 conversion compensation and provincial budget increased by 10% from last year to 27.5 billion KRW.

The major proposed projects include ▲ Hamyang-gun Park Golf Course Construction Project (5.8 billion KRW) ▲ Seosang Sports Park Construction Project (5.8 billion KRW) ▲ Baekjeon-Seohaji District Local Water Supply Network Construction Project (5.7 billion KRW) ▲ Hamyang, Anui, Yurim, and Hyucheon Districts Rural Living Water Development Project (31.5 billion KRW), among others.

Hamyang-gun identified local transfer projects to be promoted next year through national and provincial budget securing briefing sessions held in January and March. They have continuously shared the progress of key projects by department and made efforts to reflect the budget by visiting the relevant Gyeongnam Provincial Government departments led by department heads.

Governor Jin said, “Securing local transfer project funds is essential to establish a sustainable growth foundation for the region and provide safe living conditions for residents.” He added, “We will do our best to take a big step closer to fulfilling our promise to all residents to open the era of a 700 billion KRW budget.”

Meanwhile, local transfer projects are those that transfer the budget authority of national subsidy projects to local governments according to the government’s fiscal decentralization plan and compensate the national funds. Local governments can autonomously allocate budgets according to regional conditions within the scope of laws and regulations.

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