Guri-si Selected as an Excellent Institution in Local Price Stability Management Evaluation

Selected as an Excellent Institution for 2 Consecutive Years by the Ministry of the Interior and Safety
Secured a Special Grant of 50 Million KRW

Guri City, Gyeonggi Province (Mayor Baek Kyung-hyun) announced on the 2nd that it was selected as an excellent institution in the ‘2024 Local Price Stability Management Evaluation’ conducted by the Ministry of the Interior and Safety, targeting 243 local governments nationwide.

Guri City Hall exterior. Provided by Guri City

This local price stability management evaluation was conducted by combining assessments of ▲local public utility price stability management ▲efforts to stabilize local prices ▲support for revitalizing good price businesses ▲personal fee inflation rates.

The city was selected as an excellent institution again this year following last year’s evaluation and secured a special grant of 50 million KRW.

To stabilize prices this year, Guri City froze water supply fees and garbage bag fees, minimized sewage fee increases, allocated budgets for the head of the organization’s price stabilization activities and support projects for goods at good price businesses, and implemented customized support by industry. The city also participated in expanding business designations and delivery fee support projects to stabilize personal service fee inflation.

Additionally, during holidays and local festivals, the city operated a ‘Price Inspection Team’ and a ‘Price Monitoring Group’ to conduct on-site inspections, investigated prices of daily necessities within the region, and posted the information on its website to eradicate overcharging.

Mayor Baek Kyung-hyun of Guri City stated, “Although there are still factors causing public utility fee increases and price rises, we will do our best to revitalize the local economy by continuously stabilizing prices and expanding the designation of good price businesses, providing various measures to support citizens struggling with high interest rates and high prices.”

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