Mapo-gu Allocates 841.3 Billion Won in 2024 Budget to Strengthen Welfare Including 'Support for the Vulnerable'

Published 04 Dec.2023 06:55(KST)

2024 Budget Plan Totaling 841.3 Billion Won, 55.83% Allocated to Welfare Sector
Budget Formulated with Priority on Supporting the Vulnerable, Revitalizing Local Businesses, and Ensuring Resident Safety
Park Gang-su, Mayor of Mapo-gu, “Budget Carefully Structured to Ensure Key Projects Benefit Residents”

Park Gang-su, Mayor of Mapo District, is explaining the 2024 budget proposal at the 265th Mapo District Council 2nd regular meeting.

Mapo-gu (Mayor Park Gang-su) announced that it has submitted the 2024 budget proposal totaling 841.3 billion KRW to the Mapo-gu Council, accelerating the administration to achieve tangible results in the "New Mapo, Better Mapo" project.

The 2024 Mapo-gu budget was formulated with the primary goal of prioritizing the happiness of residents, including support for the vulnerable, revitalization of local commercial districts, and public safety, despite the heavy financial burden on the district due to uncertain economic conditions.

Additionally, the budget focuses on community-centered projects that provide practical benefits to residents, decisively halting habitual and wasteful expenditures, and downsizing or restructuring underperforming projects.

The total budget for next year is 841.3 billion KRW, an 8.08% increase from this year. Of this, the general account increased by 8.29% to 799.6 billion KRW, and the special account increased by 4.28% to 41.7 billion KRW.

Major expenditures in the general account by sector include social welfare at 446.3 billion KRW (55.83%), environment at 49.7 billion KRW (6.22%), culture and tourism at 40.0 billion KRW (5.01%), general public administration at 28.5 billion KRW (3.56%), health at 20.5 billion KRW (2.57%), land and regional development at 15.9 billion KRW (1.99%), education at 14.1 billion KRW (1.77%), and transportation and logistics at 12.7 billion KRW (1.59%).

In particular, to realize welfare deeply rooted in the community that ensures happiness for all residents, 55.83% of the total budget was allocated to the social welfare sector. This includes 114.2 billion KRW for basic pensions for the elderly, 39.2 billion KRW for livelihood benefits, 35.7 billion KRW for establishing Silppuri Welfare Centers to achieve universal welfare, and 430 million KRW for creating study rooms (study cafes) for youth who will lead Mapo’s future.

Furthermore, to create Mapo as a tourism economy city where work and life are enjoyable, 840 million KRW was allocated for operating the Mapo Circular Train Bus, 750 million KRW for revitalizing tourism special zones, 460 million KRW for operating pet playgrounds and camping sites, and 500 million KRW for operating Mapo Youth Naru.

Also, to establish a safe and livable residential environment, 390 million KRW was allocated for building a disaster management safety system, 1.65 billion KRW for operating the integrated control center, 520 million KRW for managing and supporting apartment complexes, and 300 million KRW for creating the Nanji Themed Tourism Forest Trail.

Park Gang-su, Mayor of Mapo-gu, stated, “Despite the uncertain economic situation, I have carefully reviewed the budget proposal to ensure that the key projects of ‘New Mapo, Better Mapo,’ which will reach its turning point in 2024, do not lose momentum and continue to be promoted for the residents.” He added, “We will do our best in 2024 to ensure that residents can live safe and happy daily lives.”