Jeonnam Provincial Council Budget Committee Approves Original Supplementary Budget Proposal for Jeonnam Province and Education Office

Final Approval at the Plenary Session on the 5th of Next Month

The Jeonnam Provincial Council's Budget and Accounts Special Committee concluded the review of the 2024 supplementary budget proposals for Jeonnam Province and the Jeonnam Provincial Office of Education on the 28th and approved them as originally proposed.

Jeonnam Province increased its budget from the initial 11.279 trillion won by 41 billion won to a total of 11.32 trillion won, with additional allocations including 22.8 billion won for rice management stabilization support, 5.2 billion won for local medical center management improvement projects, 3.6 billion won for public-private cooperation regional win-win agreement projects, and 1.3 billion won for the Honam AI Convergence Intelligent Agricultural Ecosystem Construction Project.

The Budget and Accounts Committee of the Jeonnam Provincial Council has completed the review of this year's supplementary budget proposals for Jeonnam Province and the Jeonnam Provincial Office of Education. Provided by Jeonnam Provincial Council

Due to the adjustment of the support age from 0 to 1 year old during the social security consultation process for the Jeonnam Province birth allowance support project, the project implementation timing was changed to next year. The projects directly related to livelihood issues and regional economic revitalization were reflected and approved as originally proposed.

The Office of Education increased its budget by 27.4 billion won for projects to be carried out within the year, including 4.9 billion won for the operation of education development special zones and 6.4 billion won for school education environment improvement, which are essential in the crisis situation of decreasing educational finances.

Due to the restructuring of projects following a decrease in grants, the Jeonnam Office of Education’s Special Account for Education Expenses approved the second supplementary budget proposal of 4.9755 trillion won, which includes reductions of 41.7 billion won for Green Smart School support and 26.6 billion won for new and relocation projects, totaling 229.2 billion won in cuts.

Chairman Na Gwang-guk stated, “This supplementary budget was a process of deeply considering how to allocate limited resources in difficult financial conditions to provide practical help to the residents,” and added, “We will continue to do our best to be a trusted Budget and Accounts Committee that reflects the voices of the residents.”

The results of this Budget and Accounts Committee review will be finalized through approval at the plenary session on the 5th of next month.

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