Sancheong County Finalizes First Supplementary Budget, Focusing on Disaster Recovery and Livelihood Stabilization
Swift Implementation to Counter Economic Downturn
and Support Recovery of Local Businesses
Sancheong County in South Gyeongsang Province announced on March 4 that its first supplementary budget for 2026, amounting to 962.4 billion won, has been finalized following approval by the county council.
This supplementary budget totals 962.4 billion won, an increase of 37.1 billion won compared to the original budget. Of this, the general account is 892.8 billion won and the special account is 69.6 billion won.
The county reflected changes in national and provincial subsidy projects and ordinary grants in the budget, prioritizing the swift recovery of areas affected by disasters last year and the stabilization of residents’ livelihoods.
The main projects include: ▲Livelihood Stabilization Support Fund ▲Confirmed Recovery Projects for Heavy Rain Damage ▲Installation of Automatic Brine Spraying Devices in the Singi–Sinchon District ▲Construction of Pedestrian Walkways in Sinan and Saengbiryang Townships ▲Renovation of Old Water Supply Facilities in Oejeong Village ▲Creation of Horticultural Specialized Crop Development Complexes, among others.
In particular, the county stated that it has allocated 6.6 billion won for the Livelihood Stabilization Support Fund to help residents and local businesses recover from the economic downturn caused by consecutive disasters.
Along with this supplementary budget, the county expects that swift budget execution will serve as a catalyst for regional economic recovery.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Iranian Military Spokesperson: "Ceasefire Was an Opportunity to Strengthen Forces... Ready to Respond to War"
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
An official from Sancheong County stated, "The budget should begin in the field, not at the desk," adding, "We will focus all administrative efforts on livelihood budgets that protect residents’ lives and safety budgets that strengthen disaster response."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.