Jeollanam-do Provincial Council Budget Committee Reviews First Supplementary Budget Bill, Focuses on Economic Revitalization

Focus on Stabilizing Livelihoods and Addressing Local Issues
13.3805 Trillion Won Approved as Originally Proposed

The Budget and Accounts Special Committee of the Jeollanam-do Provincial Council reviewed the first supplementary budget proposal for this year submitted by Jeollanam-do during the 397th extraordinary session and approved it as originally proposed. Provided by Jeollanam-do Provincial Council

The Budget and Accounts Special Committee of the Jeollanam-do Provincial Council (Chairman: Ryu Gijun, Democratic Party of Korea, Hwasun 2) reviewed and approved as originally proposed the first supplementary budget bill for 2026 submitted by Jeollanam-do during the 397th extraordinary session.

The scale of this first supplementary budget bill under review is 13.3805 trillion won, an increase of 678.2 billion won (5.3%) compared to the original budget.

Major budget items include: ▲114 billion won for rice farming management stabilization measures ▲658 billion won for the issuance of local gift certificates ▲368 billion won for the basic income pilot project for agricultural and fishing communities ▲85 billion won for establishing the foundation for agricultural AX innovation ▲63 billion won for secondary support for small and medium-sized enterprises and small business owners.

This supplementary budget reflects projects directly related to residents' livelihoods, such as stabilizing the income of those engaged in agriculture and fisheries, revitalizing the local economy, and responding to local extinction. The committee carefully examined the necessity and feasibility of each project, taking into account the challenging fiscal conditions.

Chairman Ryu Gijun commented on the supplementary budget, stating, "Despite difficult fiscal circumstances, we prioritized areas directly tied to the lives of our residents," and added, "We will continue to ensure that fiscal management strikes a balance between stabilizing livelihoods, revitalizing the regional economy, and securing future competitiveness."

Meanwhile, the results of the Budget and Accounts Special Committee's review are expected to be finalized at the plenary session scheduled for the 13th.

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