Gyeonggi Office of Education, Early Execution of 5.1 Trillion KRW Budget in the First Half of This Year

The Gyeonggi Provincial Office of Education will expedite the disbursement of 5.1139 trillion won to revitalize the local economy.

First, on the 23rd, the Office of Education held a financial execution inspection team meeting chaired by Lee Kyung-hee, the first deputy superintendent. Attendees included the Director of Planning and Coordination, Budget Officer, School Space Creation Officer, School Establishment Planning Manager, Financial Management Manager, Facilities Manager, School Safety Manager, and School Meal Manager.

Gyeonggi Provincial Office of Education has committed to doing its best for early financial execution. It is explaining this year's first half financial execution plans to officials from 25 education support offices.

During the meeting, the financial execution inspection team discussed ▲the execution status for the first half of this year ▲setting execution targets of 3.9605 trillion won for major project expenses and 1.1534 trillion won for construction costs ▲presentation of major project promotion plans by department ▲measures to improve underperforming projects and other strategies to enhance the prompt execution rate.

Additionally, on the 26th, a meeting was held with the financial management managers and facilities managers of 25 educational support offices to provide guidance on the Gyeonggi Provincial Office of Education’s execution targets, major project execution directions, and execution promotion strategies.

Lee Kyung-hee, the first deputy superintendent of the Gyeonggi Provincial Office of Education, stated, "Gyeonggi Province has a budget scale exceeding 20 trillion won and accounts for 43% of new school establishments nationwide, making it structurally difficult to achieve annual execution targets. We must improve the practice of delaying executable projects within the year and maximize the execution rate to work together for revitalizing the local economy."

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