Hwaseong Mayor Jeong Myeonggeun: "All Administrative Resources Will Be Mobilized to Seize the Golden Time for Livelihood Economy"

Hwaseong City Expands Local Currency Issuance to KRW 50 Billion
Emergency Support for Heating and Logistics Costs

Full Administrative Mobilization Against Middle East-Driven Economic Crisis
Swift Measures to Preempt Economic Turmoil

Mayor Jeong Myeonggeun Orders All-Out Effort in Line with President Lee Jaemyung’s “Swift Supplementary Budget” Policy

On-Site Inspections Begin at 234 Gas Stations
Proactive Response Includes Logistics Support and More

With global economic uncertainty soaring due to the conflict between the United States and Iran, Jeong Myeong-geun, Mayor of Hwaseong Special City, has urgently launched "emergency measures for the livelihood economy" to help alleviate citizens' economic hardship.

Hwaseong Special City held an "Emergency Measures Inspection Meeting on People's Livelihood Economy" in the main office situation room on the 12th. Photo by Hwaseong City

On March 12, following the mayor's urgent directive, Hwaseong Special City held another "Emergency Measures Review Meeting for the Livelihood Economy" in the headquarters situation room, having already convened a similar meeting on March 11.

The core of these measures is to substantially reduce the burden of rising prices felt by citizens. Hwaseong Special City has decided to mobilize all available administrative resources, aligning with President Lee Jaemyung’s policy of "swift supplementary budget formulation" and "stabilization of the livelihood economy."

First, in order to revitalize the stagnant local economy, the city will significantly expand the issuance of local currency from the current 30 billion won per month to 50 billion won per month. This is part of the "Livelihood Shield" strategy to ease the burden of living costs for citizens during this period of high oil prices.

Additionally, in response to oil price instability, the city began emergency on-site inspections of 234 gas stations within its jurisdiction from March 11 through April 10. Mayor Jeong instructed that special attention be paid to compliance with maximum oil price regulations and the prevention of counterfeit oil distribution, aiming to minimize citizen losses caused by rising fuel prices.

Considering that approximately 6% of Hwaseong Special City's exports are to the Middle East, the city will operate a permanent damage reception desk for export companies and increase logistics support per company from a maximum of 3 million won to 4 million won.

Measures to protect energy-vulnerable groups will also be strengthened. The city will expand promotion of its heating cost support policy for the elderly, persons with disabilities, and single-parent families, and plans to provide heating cost support for March on the 20th. In addition, the city will urgently inspect welfare facility operating expenses to prevent operational disruptions due to rising fuel and food costs.

Furthermore, for facility-based farmers and fishers, the city will continuously monitor duty-free fuel prices and will recommend to the central government additional support for fuel price-linked subsidies.

Hwaseong Special City held an "Emergency Countermeasure Review Meeting on the People's Livelihood Economy" on the 12th at the main office situation room. Provided by Hwaseong City

Mayor Jeong Myeong-geun stated, "I deeply agree with President Lee Jaemyung's message that 'the supplementary budget should be implemented as quickly as possible and the golden time to respond to the livelihood economy should not be wasted.' At a time when high oil prices and rising costs are increasing the burden on citizens, Hwaseong Special City has promptly begun on-site inspections of gas stations from March 11, and is swiftly implementing proactive measures to stabilize the livelihood economy."

He added, "Even at this very moment, I hear the sighs of citizens who are struggling under the weight of rising fuel and consumer prices. In order to stand by our citizens during these difficult times, we will mobilize all available administrative resources to respond swiftly to this livelihood economy crisis."

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