Gwangju Buk-gu Selected as an 'Excellent Local Government' in the Korea Local Finance Awards

On the 3rd, Buk-gu, Gwangju Metropolitan City announced that it was selected as an "Excellent Local Government" in the "16th Korea Local Finance Awards" hosted by the Ministry of the Interior and Safety.

In this evaluation, 182 cases discovered by local governments nationwide in three areas?budget reduction, innovation in local subsidy management, and revenue increase?underwent a first round of internal review, a second round of comprehensive expert review, and a third round of on-site presentation review, resulting in 33 local governments being selected as excellent institutions.

Buk-gu was selected as an excellent local government in the revenue increase category, receiving a ministerial award along with an incentive of 100 million won in special grants.

The district was recognized for its multifaceted response efforts and achievements in improving delinquent tax collection under difficult local financial conditions, such as the reduction of local allocation tax, by discovering and submitting cases in the revenue increase category.

In particular, the "Strengthening the System for Confirming Local Tax Delinquency Before Foreigners’ Visa Extensions," conducted based on a thorough analysis of issues related to the management of local tax delinquency among foreigners?a matter of growing social interest?was highly praised as an excellent case.

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