Gochang-gun Secures 382.4 Billion Won in National Funding for Next Year... Momentum for Current Projects

8.3% Increase Compared to This Year... "Achievement Amid Sound Fiscal Policy"

Gochang-gun, Jeonbuk Province, has secured 382.4 billion KRW for next year's national budget, an 8.3% increase compared to this year.

According to the county on the 17th, the government budget confirmed by the National Assembly for next year is 673.3 trillion KRW, a 2.5% increase from this year, while Gochang-gun's national budget increased by 8.3% compared to this year. This achievement is significant as it was accomplished under difficult conditions, including the government's sound fiscal policy and the National Assembly's approval of a reduced budget amid the impeachment political situation.

A meeting was held to discuss the central government ministries' response strategy for securing the 2025 national budget. Photo by Gochang-gun

Although the amount of new project national funds secured was similar to this year, the county secured an additional 29.2 billion KRW compared to this year by acquiring a large amount of continuing and national projects' budgets.

The county had previously calculated the national budget amount mainly based on investment projects, but changed the standard for calculating the national budget to include the entire national funds budget, including current expenses. This method is used by Jeonbuk Provincial Government and most cities and counties within the province.

The amount of national budget secured based on the previous investment project-centered method was 209.1 billion KRW, a 9.5% increase compared to this year.

New projects reflecting a total of 44 items include ▲Job-linked support housing project (41 billion KRW) built in the New Vitality Industrial Complex to solve workers' residence issues, ▲Construction of a child-friendly national sports center (9.8 billion KRW), ▲Sewerage maintenance in Yongban rural fishing village (8.9 billion KRW), ▲Creation of mudflat shorebird habitats (5 billion KRW), ▲Construction of dormitories for agricultural workers (2.4 billion KRW), ▲World Heritage Festival (2.2 billion KRW), and ▲Development of a model bicycle city (1.5 billion KRW).

A substantial budget necessary to realize the vision of ‘Change and Growth, Opening the Future of Gochang’ was reflected. This achievement shines as a result of the strong cooperative system between County Governor Shim Deok-seop and National Assembly Budget and Accounts Committee member Representative Yoon Jun-byeong.

Governor Shim Deok-seop said, “I am pleased that the efforts to reflect projects closely related to the lives of residents and essential for regional development by knocking on the doors of the National Assembly, government, and related organizations have borne fruit,” adding, “It is regrettable that some major pending projects were not reflected due to the lack of increased deliberations amid the national crisis.” He continued, “We will cooperate with the political circles to ensure that pending projects such as the construction of the international canoe slalom stadium are included in the government supplementary budget early next year.”

Meanwhile, the county plans to do its best to ensure that major budgets not reflected at the National Assembly stage are included in the supplementary budget expected early next year to support economic recovery.

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