Goheung County Wins Excellence Award in 'Local Prices and Consumer' Category at Regional Economy Awards

Ranked 5th Among County-Level Governments Out of 243
Recognized for Efforts in 'Price Stabilization' and Economic Revitalization

Goheung County in Jeollanam-do (Governor: Gong Youngmin) announced on the 19th that it received the Excellence Award in the 'Local Prices and Consumer Sector' at the '2024 Korea Regional Economy Awards' on the 18th.

The Korea Regional Economy Awards are jointly organized by the Korean Regional Economics Association and the Korea Regional Economic Research Institute. They evaluate and announce the performance of the regional economies of 243 local governments nationwide over the past year, focusing on quantitative indicators such as published official statistics, across eight different sectors.

A view of Goheung County Office building.

In this evaluation, Goheung County was highly ranked in the Local Prices and Consumer Sector for its efforts to freeze local public utility rates such as water, sewage, and garbage bag fees despite external inflationary pressures, as well as for promoting various projects to stabilize prices and making multifaceted efforts in consumer protection ordinances.

Notably, Goheung County ranked 5th among county-level governments out of the 243 local governments nationwide, indicating that its economic policies are considered competitive on a national level.

Governor Gong Youngmin stated, "This award is the result of efforts made together with the residents. We will continue to strengthen policies for local price stability and economic revitalization," adding, "We will do our best to create a stable economic environment that residents can truly feel."

Meanwhile, Goheung County plans to implement various initiatives to alleviate the perceived price burden on residents and revitalize the local economy, such as strengthening monitoring of daily necessities and agricultural and marine product prices, promoting events to encourage the use of Good Price Stores, expanding the operation of local gift certificates, increasing support for small businesses and traditional markets, and conducting price stabilization relay campaigns.

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