Namyangju City Executes 60% of Local Finances Swiftly in First Half... 'Speeding Up Livelihood Recovery'

Namyangju City, Gyeonggi Province (Mayor Joo Gwang-deok) held the '2025 First Half Local Finance Rapid Execution Promotion Plan Report Meeting' on the 17th to revitalize the local economy and restore public livelihood.

Namyangju City is holding the '2025 First Half Local Finance Rapid Execution Promotion Plan Report Meeting' on the 17th to revitalize the local economy and restore public livelihood. Photo by Namyangju City

The report meeting, chaired by Deputy Mayor Hong Ji-seon, was attended by the Director of Planning and Coordination, heads of bureaus, divisions, and offices, as well as key project department heads, focusing on this year's promotion plans, issues, and countermeasures.

Namyangju City set its own first half target rate at 60% of the rapid execution target amount of 1.02 trillion KRW and plans to make every effort to secure available funds early.

First, Namyangju City plans to prioritize the execution of some delegated project expenses and consignment project expenses this month by setting key statistical items for rapid execution.

Additionally, Namyangju City will intensively manage the progress and execution rates of large-scale projects and actively utilize temporary special measures such as advance payments and progress payments.

Furthermore, along with regular report meetings, ad hoc report meetings will be held targeting underperforming departments to accelerate rapid execution from the first quarter.

Deputy Mayor Hong Ji-seon stated, “Our economy is in a more contracted period than ever, and especially the local economy is very difficult,” and urged, “All departments should do their utmost to execute the public sector budget to the fullest and revitalize the local economy.”

He added, “I hope each department head pays special attention to ensure that policies are solidly implemented at the local level.”

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