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Ganghwa County Budget Exceeds 700 Billion Won for First Time in History

Second Supplementary Budget of 710.2 Billion Won Compiled and Submitted to County Council
Ganghwa County Government Building. (Photo=Ganghwa County)
Ganghwa County Government Building. (Photo=Ganghwa County)

[Suwon Ilbo=Reporter Choi Ki-ho] Ganghwa County's budget has exceeded 700 billion won for the first time in its history.

Ganghwa County announced on the 13th that it has compiled the second supplementary budget for 2022 at 710.2 billion won, an increase of 60.4 billion won from the existing budget, and submitted it to the Ganghwa County Council.

This marks the first time in Ganghwa County's history that the budget has surpassed 700 billion won. The achievement is being evaluated as the fruit of County Governor Yu Cheon-ho's hands-on administration initiatives promoted since the 7th term of popularly elected officials.

The supplementary budget proposal includes substantial funding for new policy implementation projects under the 8th term of popularly elected officials.

The budget prioritizes revitalizing the local economy and has been compiled with priority given to projects that can recover the vitality of the regional economy and improve residents' quality of life.

Major budget allocations include: △Jumun Yeon Bridge construction project 2 billion won △Gilsang Park development project 5 billion won △Fertilizer price stabilization support 2.15 billion won △Village safety road compensation for unpaid land 2 billion won △Yangsa-myeon Community Center new construction project 800 million won.

Meanwhile, the supplementary budget proposal will undergo review by the Ganghwa County Council and be finalized on the 1st of next month.

County Governor Yu Cheon-ho stated, "We have reflected the 8th term's policy implementation projects and pending projects to address residents' inconveniences in this supplementary budget," and added, "We will do our best to inject energy and vitality into the community, which is facing difficulties due to rising prices and regional economic downturn."

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