Ulleung-gun Selected as an Excellent Local Government in This Year's Local Price Stability Management Evaluation

Ulleung-gun, Gyeongbuk Province, was selected as an excellent local government in the ‘2024 Local Price Stability Management Evaluation’ conducted by the Ministry of the Interior and Safety.

Accordingly, it was announced that a special financial incentive grant of 50 million KRW has been secured.

Ulleung County Office.

This evaluation was conducted on 243 local governments nationwide and consisted of quantitative evaluation (75%) including local public utility price stability management, good price businesses, and activation performance, as well as qualitative evaluation (25%) on efforts for local price stability management.

Throughout 2024, Ulleung-gun has continuously promoted effective price management policies and strived to stabilize local prices.

In particular, to eradicate overcharging during the peak tourist season, they conducted a comprehensive inspection of price display systems and price stability guidance activities, and contributed to stabilizing personal service fees by expanding the discovery and support of good price businesses.

The 50 million KRW incentive secured from this evaluation will be used for support projects aimed at revitalizing the local economy and stabilizing prices.

Nam Han-kwon, the county governor, said, “Based on this achievement, we will strive to establish innovative policies that can achieve both price stability and economic revitalization in the county,” adding, “We will work hard for the sustainable development of the local economy.”

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