Gyeonggi Province Allocates Additional 1.6237 Trillion Won in Supplementary Budget, Focusing on Livelihoods and Energy

Gyeonggi Province has allocated its first supplementary budget for this year, totaling 1.6237 trillion won, to provide support for damages caused by high oil prices due to the Middle East war, among other measures.

On April 17, Gyeonggi Provincial Government announced that it had allocated a supplementary budget of 1.6237 trillion won to assist residents facing difficulties due to the Middle East war. This includes 1.1335 trillion won for high oil price damage support, 85.8 billion won to expand the The Gyeonggi Pass for revitalizing public transportation, and 1.3 billion won for the "fuel, feed, and plastic" three-pronged support package to stabilize farm management.

As a result, the province's total budget for this year has increased from the original 40.0577 trillion won to 41.6814 trillion won.

This supplementary budget focuses on supporting the recovery of residents' livelihoods and the local economy, which have been impacted by the prolonged Middle East war.

Gyeonggi Province plans to implement a range of measures: from livelihood support such as high oil price damage compensation and small-scale financial assistance for those with extremely low credit, to securing transportation rights for residents through metropolitan area transfer fare discounts and expanded refunds for The Gyeonggi Pass. Additional initiatives include support for farmers and fishermen to cope with rising oil prices, and targeted assistance for vulnerable groups who may fall through the cracks.

Breaking down the major budget items, 1.1534 trillion won has been allocated as a "livelihood economy safeguard" budget. Specifically, the allocations include: ▲1.1335 trillion won for high oil price damage compensation ▲3 billion won for small-scale financial support for those with extremely low credit in Gyeonggi ▲12.3 billion won for maternal and newborn health care support ▲1 billion won for Gyeonggi Province's veterans' honor allowance ▲3.6 billion won for universal support of sanitary products for women and adolescents in the province, among others.

Gyeonggi Provincial Government

To guarantee residents' transportation rights, a total of 149.2 billion won has been allocated, including 63.4 billion won for metropolitan area transfer fare discounts and 85.8 billion won for the expansion of The Gyeonggi Pass.

In addition, to stabilize farm management, 700 million won will support tax-free fuel for farmers and fishermen, 400 million won will provide assistance for suspected African Swine Fever (ASF) feed damage, and 200 million won will support plastic for rice straw used in forage production, totaling 1.3 billion won.

Further, for targeted assistance to vulnerable groups, a total of 4.5 billion won has been allocated, including 2.7 billion won for emergency welfare for crisis households, 1.7 billion won for support for investigating the status of delinquent taxpayers, and 100 million won for special support for cooling costs in women, single-parent, and child facilities during the summer heat.

The province plans to submit this supplementary budget proposal to the 389th temporary session of the Gyeonggi Provincial Assembly, scheduled to be held from April 21 to April 28, 2026.

Jeong Dooseok, policy chief of Gyeonggi Province, stated, "This supplementary budget proposal reflects the government's supplementary budget projects and includes essential funds needed to restore the livelihood economy," adding, "We will work closely with the provincial assembly during the review process and make thorough preparations so that the budget can be executed promptly once it is approved."

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