Low Execution Rate of Local Extinction Response Fund in Gwangju and South Jeolla Province
Gwangju at 53%, South Jeolla at 61%... Both Below Average
Jangseong, Boseong, and Jangheung Counties See Virtually No Fund Execution
The fund execution rate for responding to the risk of local extinction in Gwangju and South Jeolla Province has been found to be significantly lower than the national average.
According to data received by Assemblyman Jeong Chun-saeng (proportional representative) of the National Innovation Party, a member of the National Assembly's Public Administration and Security Committee, from the Ministry of the Interior and Safety, as of June this year, the execution rate of the Local Extinction Response Fund was 53.54% in Gwangju and 61.83% in South Jeolla Province.
This is lower than the average of 75.74% among the 15 metropolitan local governments. Gwangju ranked fourth lowest, after Jeju (0%), Ulsan (33.08%), and South Chungcheong Province (50.38%).
In South Jeolla Province, among the 16 areas designated as population decline regions, Jangseong County did not spend any of its allocated 7.2 billion won, while Boseong County (0.56%) and Jangheung County (0.98%) also saw virtually no fund execution.
On the other hand, Dong-gu, designated as an area of interest for population decline in Gwangju, recorded a high execution rate of 98.38%.
The Local Extinction Response Fund is a resource created and distributed by the government each year at a scale of 1 trillion won to address population decline and the risk of local extinction.
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Assemblyman Jeong emphasized, "It is necessary to improve the project plan evaluation system so that the fund can be used efficiently for its intended purposes, such as improving settlement conditions and supporting those returning to farming or rural areas."
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