Gangwon Province Accepts Applications for Fiscal Year Budget Performance Incentives... Up to 10 Million Won Awarded

For Residents and Public Officials Who Contributed to Budget Savings and Revenue Growth
Evaluation Based on Contribution, Effectiveness of Institutional Improvements, Voluntary Efforts, and Creativity

Gangwon Special Self-Governing Province announced that it will accept applications and submissions for budget performance incentives from January 26 to February 20, targeting residents and public officials who contributed to budget savings and increased revenue for the 2025 fiscal year through improvements in budget execution methods and institutional reforms.

A view of Gangwon Provincial Government Building. Provided by Gangwon Provincial Government

The budget performance incentive system evaluates achievements in budget savings and revenue growth to grant incentives and rewards, aiming for efficient and sound fiscal management.

The amount awarded will be determined by the Budget Performance Incentive Committee after a comprehensive review of the applicant's contribution, the effectiveness of institutional improvements, voluntary efforts, and creativity. Incentives will be granted in tiers, ranging from 4 million to 10 million won depending on the grade, while rewards will be distributed from 1 million to 3 million won by grade.

The province plans to promote the program through its website, social media, and the press during the application and submission period to encourage broad participation.

Lee Heeyeol, Director of Planning and Coordination at Gangwon Special Self-Governing Province, stated, "We will strive to enhance the soundness of the province's fiscal management by providing appropriate rewards for innovative budget-saving cases and motivating further efforts."

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