Hwaseong City Holds "Party-Government Policy Meeting on Livelihood Stabilization"…Mobilizing All Efforts to Respond to Middle East Conflict

Jung Myung-geun, Mayor of Hwaseong: "All-out Efforts for Livelihood Stabilization"

Livelihood Policies in Action, Including Expansion of Regional Currency to 50 Billion Won

National Assembly Members Song Okju, Kwon Chilsung, and Jeon Yonggi Attend

Cooperation with Government and National Assembly; Supplementary Budget and Local Issues Discussed

Hwaseong Special City in Gyeonggi Province (Mayor Jung Myung-geun) held a "Party-Government Policy Meeting to Respond to Livelihood Stabilization" on March 16 in the city hall situation room to minimize the impact of the prolonged conflict in the Middle East on the local economy.

Jung Myunggeun, Special Mayor of Hwaseong (center front row), along with members of the National Assembly, city council members, and other key guests, are taking a commemorative photo after the ruling party and government policy meeting on the 16th. Provided by Hwaseong City

The meeting was attended by the Mayor of Hwaseong Special City, National Assembly members Song Okju, Kwon Chilsung, and Jeon Yonggi, Bae Jeongsu, Chairperson of the Hwaseong City Council, as well as city and provincial councilors, relevant city officials, and others. The participants focused on discussing measures for stabilizing citizens’ livelihoods in response to rising oil prices, inflation, and other growing external uncertainties, as well as ways to cooperate on major local issues.

During the meeting, discussions covered: ▲measures to stabilize livelihoods by sector; ▲support policies for small business owners and companies; ▲responses to transportation and energy supply challenges; ▲measures for the agricultural, livestock, and fisheries sectors; ▲strategies for protecting vulnerable groups; as well as major local issues by electoral district.

Hwaseong Special City is operating a joint task force across related departments to proactively respond to fluctuations in international oil and raw material prices, and is continuously monitoring oil price trends, essential goods prices, and logistics conditions. The city is also implementing practical policies to stabilize citizens’ livelihoods, such as expanding the issuance of regional currency to 50 billion won per month and providing emergency assistance for heating and logistics costs, with the aim of preemptively preventing the spread of economic crisis.

In addition, the city has allocated 190.2 billion won for its first supplementary budget of the year to promote economic stability for residents. The supplementary budget includes: ▲16.5 billion won for welfare and livelihood stabilization; ▲40 billion won for cash contributions to the city’s development corporation in connection with the third-phase new city project; and ▲8 billion won for projects proposed by citizens.

Furthermore, the meeting discussed broad cooperation measures on regional issues such as: ▲a proposal to include projects in the 5th National Railway Network Construction Plan; ▲promotion of the establishment of Hwaseong Special City Court; ▲attracting Seoul Racecourse to the Hwaong District; ▲advancing the Bongdam 3 Public Housing District; ▲revising the development plan for the Dongtan 2 Metropolitan Business Complex; ▲preliminary feasibility study for the extension of the Bundang Line; and ▲improving transportation infrastructure in the Namdongtan area.

Mayor Jung Myung-geun stated, "In a situation where economic uncertainty is increasing due to international instability, protecting the lives of our citizens is the top priority of local government." He added, "We will swiftly deploy available resources and work closely with relevant agencies to do our utmost to stabilize the local economy." The attending National Assembly members also expressed their commitment to actively cooperate with the city for the stabilization of the local economy.

Meanwhile, last year the city received 7.2 billion won in special grants (for 15 projects) and 17.9 billion won in special adjustment grants (for 47 projects), and plans to continue efforts this year to secure financial resources to address local issues and stabilize livelihoods.

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