Leading the Recovery of Citizens' Livelihoods

Sokcho City in Gangwon Province was selected as the top institution among 18 cities and counties in Gangwon Special Self-Governing Province for its rapid execution performance in the first half of 2025, securing 500 million KRW in provincial funds (special adjustment grants) as a financial incentive.

Sokcho City was selected as the best institution among 18 cities and counties in Gangwon Special Self-Governing Province for its rapid execution promotion results in the first half of 2025, securing 500 million KRW in provincial funds (special adjustment grants) as a financial incentive. The photo shows the 2025 rapid execution promotion briefing session. Provided by Sokcho City. Photo by Sokcho City

Sokcho City was selected as the best institution among 18 cities and counties in Gangwon Special Self-Governing Province for its rapid execution promotion results in the first half of 2025, securing 500 million KRW in provincial funds (special adjustment grants) as a financial incentive. The photo shows the 2025 rapid execution promotion briefing session. Provided by Sokcho City. Photo by Sokcho City

View original image

Sokcho City had previously ranked first in the province in the first quarter rapid execution evaluation for 2024 and was selected as an excellent institution in the first half evaluation, securing 100 million KRW in provincial funds (special adjustment grants).


This year, the city was again selected as an excellent institution in the first quarter rapid execution evaluation, securing 40 million KRW in national funds (special grant tax). In addition, it achieved first place in the province in the first half evaluation, earning an additional 500 million KRW in provincial funds.


Sokcho City executed 85.5 billion KRW out of its first quarter rapid execution target of 65.4 billion KRW, and 126.4 billion KRW out of its first half target of 117.5 billion KRW, achieving first place in the province.


Notably, the city achieved the distinction of being ranked first in the province for two consecutive years as of the first quarter, continuing its top performance from 2024.


The rapid execution evaluation is a system designed to ensure the timely allocation and swift execution of budgets, revitalizing the stagnant local economy and providing tangible benefits to citizens' lives.


Sokcho City achieved these results by resolving obstacles to budget execution through close interdepartmental cooperation, focusing on the timely execution of budgets, and maintaining a field-oriented, efficient work process.



Mayor Lee Byeongseon of Sokcho stated, "This is a valuable achievement that all members of Sokcho City have worked hard to attain for the recovery of citizens' livelihoods," adding, "We will continue to prioritize field-oriented work for citizens, further enhancing the efficiency and transparency of fiscal execution, and swiftly and responsibly pursuing practical projects that citizens can truly feel in their daily lives."


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