Gwangjin-gu Allocates 820.2 Billion Won Budget for 2025... 442.7 Billion Invested in Social Welfare and Health Sectors

150 Billion KRW Increase Compared to Last Year, Focused Investment on Balanced Urban Development and Resident Communication Projects
Maintaining Sound Finances through 'Selection and Concentration'... Establishing Lifecycle-Based Customized Welfare Systems for Low Birthrate, Youth Policies, and Aging, Promoting Community-Centered Projects to Realize a Livable 'Happy Gwangjin'

Gwangjin-gu (District Mayor Kim Kyung-ho) has prepared a total budget of 820.2 billion KRW for 2025 and submitted it to the council.

This represents an increase of 15 billion KRW (1.85%) compared to 2024.

To overcome difficult financial conditions such as economic slowdown and revenue decline, the district thoroughly reviewed existing projects, restructured expenditure, and under the principle of 'selection and concentration,' focused investments on ▲ balanced urban development ▲ customized win-win welfare ▲ and citizen communication and experience projects to prepare next year’s budget.

First, a total of 11.1 billion KRW was allocated for balanced regional development and expansion of social infrastructure. This includes 1.7 billion KRW for regional development such as the establishment of the Moa Town management plan and support projects for apartment complexes, 2.8 billion KRW for the construction of public parking lots, and 6.6 billion KRW for the purchase of land for the Gwangjin Senior Protection Center and Children’s Culture Center, aiming to expand urban infrastructure.

To build a detailed welfare system covering all generations from children to the elderly, 442.7 billion KRW will be invested in social welfare and health sectors. The budget includes 1.4 billion KRW for postpartum care expenses, 2.7 billion KRW for first meeting usage vouchers, 400 million KRW for childbirth congratulatory money, and 700 million KRW to expand support for special activities at daycare centers, actively responding to the low birthrate crisis. Additionally, 1.2 billion KRW was allocated for youth support projects such as youth cultural life vouchers, youth lunchbox support, and the creation of youth centers to support youth independence and healthy living.

Furthermore, to proactively prepare for population aging, 1.4 billion KRW was allocated for weekday lunch support at senior centers and senior dining days, and 900 million KRW for meal support for low-income elderly, creating a reliable Gwangjin where no one worries about meals amid high inflation.

Also, based on communicative administration, projects that can bring tangible changes will be prioritized. A total of 7.4 billion KRW was allocated for local economic revitalization projects including 2.6 billion KRW for traditional market support, 1 billion KRW for small and medium enterprise development funds, and 700 million KRW for Gwangjin-type delivery app "Ttaenggyeoyo" gift certificates. Additionally, 29.2 billion KRW was allocated for public sector job projects to invigorate the local economy and strengthen employment safety nets. For education, 8.1 billion KRW was allocated for school education expense subsidies and 800 million KRW for operating the Gwangjin Future Technology Experience Center to improve the educational environment for future generations. Furthermore, 1.8 billion KRW will be invested in establishing a community culture center to serve as a new cultural hub in the area.

To create a safe and pleasant residential environment, 800 million KRW was allocated for the housing stability fund, 17.8 billion KRW for supporting six-day-a-week household waste collection, and 1.8 billion KRW for undergrounding projects. An attractive garden will be created on the site of street vendor removals around Guui Park to improve urban aesthetics. In addition, 8.2 billion KRW was allocated for building social safety nets such as CCTV installation to ensure residents can live their daily lives with peace of mind amid rapidly changing social environments.

By sector, the largest portion is the social welfare budget of 421.5 billion KRW, followed by transportation and logistics at 51.4 billion KRW, general public administration at 44.2 billion KRW, waste and environment at 41 billion KRW, culture and sports at 25.1 billion KRW, health at 21.2 billion KRW, education at 17.7 billion KRW, land and regional development at 15.8 billion KRW, public order and safety at 8.2 billion KRW, industry and small and medium enterprises at 7.4 billion KRW, and others at 166.6 billion KRW.

Kim Kyung-ho, Mayor of Gwangjin-gu, stated, “We have prepared the budget after much deliberation amid challenging financial conditions,” and added, “We will do our best to ensure that the precious budget is not wasted through sound financial management.”

Meanwhile, the 2025 budget will be finalized on the 19th of next month after review by the Gwangjin-gu Council.

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