Mapo-gu, the Only Autonomous District in Seoul Recognized as Best in Price Stability Management by the Ministry of the Interior and Safety
Acquired 'Ga' (Highest) Grade in the Second Half of 2023 Ministry of the Interior and Safety Local Price Stability Management Evaluation... Mapo-gu Selected as Top 10% Local Government Price Stability Institution, Secured Special Subsidy of 50 Million KRW
As the consumer price index rose by 3.6% in 2023, indicating persistent high inflation, Mapo-gu (Mayor Park Gang-su) announced that it has earned the highest grade (Grade A) in the Ministry of the Interior and Safety's "2023 Second Half Local Price Stability Management Performance Evaluation" and secured a special grant of 50 million KRW.
This evaluation was conducted by the Ministry of the Interior and Safety, assessing 243 local governments nationwide based on their efforts in price stabilization measures, discovery of reasonably priced stores, and management performance of local public utility fees.
The Grade A awarded to the district is given to the top 10% of 69 autonomous districts nationwide in the same group, and Mapo-gu was the only district among Seoul’s autonomous districts to receive the Grade A along with securing the special grant of 50 million KRW.
A Mapo-gu official stated, “In response to the recent severe high inflation situation, operating the 'Comprehensive Price Countermeasure Situation Room' and implementing timely price measures by distinguishing between regular and peak seasons seem to have contributed to this favorable evaluation.”
The district also established a price labeling system for retail stores around Hongdae and held direct agricultural product markets during peak seasons such as holidays and kimchi-making season to prepare for temporary price surges.
In particular, the district froze public utility fees directly related to the daily lives of ordinary citizens, such as the fees for volume-based waste bags, actively discovered and supported reasonably priced stores in the area, and promoted long-term price stability by producing easy-to-understand store exploration maps.
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Park Gang-su, Mayor of Mapo-gu, said, “In the new year 2024, wishing for economic recovery and public stability, Mapo-gu will continue to do its best to actively discover and implement price stabilization measures that residents can feel.”
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