Focus on Livelihoods and Growth Foundation
Largest-Ever Budget of 717.8 Billion Won Finalized

Cheongdo County (Governor Kim Hasu) announced on September 17, 2025, that it has finalized the second supplementary budget for 2025, totaling 717.8 billion won (671.5 billion won in the general account and 46.2 billion won in the special account).


This second supplementary budget is an increase of 44.4 billion won (6.59%) compared to the first supplementary budget of 673.4 billion won, and an increase of 16 billion won (2.28%) compared to last year’s final budget of 701.8 billion won, making it the largest budget in the county’s history.

Cheongdo County Allocates Record-Largest Second Supplementary Budget for Livelihood Stabilization and More View original image

In particular, the budget was structured to alleviate the burden on residents suffering from flood damage caused by heavy rainfall and the stagnant local economy, while also focusing on establishing a foundation for future growth to overcome the risk of regional extinction.


Key projects include: ▲ For stabilizing livelihoods and revitalizing the local economy, 12.3 billion won for livelihood recovery consumption coupons, 4 billion won for local gift certificate discount support, 150 million won for the small and medium-sized enterprise development fund, and 160 million won for the high-efficiency equipment support project for small business owners; ▲ For establishing a foundation for future growth, 500 million won to support the operation of the Glocal University 30 Project, 5.07 billion won for the Natural Dream Park development project, 240 million won for the agricultural workforce accommodation support project, 400 million won for the small village revitalization project (Darori), 250 million won for the Sinwon District rural water supply development project, 800 million won for the Maejonnamyang-ri (East) water pipeline installation project, and 2 billion won for the Gakbuk sewage pipeline maintenance project; ▲ For creating a safer environment, 1.2 billion won for flood recovery projects, 600 million won for the disaster early warning village broadcasting system, and 1.78 billion won for the Gageumye-ri natural disaster risk improvement district maintenance project.



Governor Kim Hasu stated, "To seize the golden time for stabilizing livelihoods and responding to regional extinction, we have allocated the largest budget in our history. We will swiftly promote projects such as the Natural Dream Park development to establish a foundation for future growth, and create a Cheongdo where residents are happy and want to live."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing