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Uiwang City Selected as 'Top-Performing Agency' in MOI's First Half 2024 Budget Execution Evaluation

First half rapid execution achievement of 129.5%, Q2 consumption and investment execution at 118.8%
Uiwang City Hall exterior. (Photo=Uiwang City)
Uiwang City Hall exterior. (Photo=Uiwang City)

[Suwon Ilbo=Reporter Kim Chung-young] Uiwang City announced on the 8th that it was selected as a 'top-performing agency' in the Ministry of the Interior and Safety's '2024 First Half Budget Execution Evaluation' and secured 35 million won in special grants.

Despite the challenging economic conditions stemming from the 'three highs' phenomenon—high prices, high interest rates, and high exchange rates—the city made continuous efforts to promote rapid budget execution through △holding rapid execution status report meetings chaired by the vice mayor △managing the progress of large-scale investment projects △conducting and managing monthly execution plans by department to enable proactive response.

As a result of these efforts, the city executed 190.4 billion won against the first half rapid execution target of 147 billion won set by the Ministry of the Interior and Safety, achieving an execution rate of 129.5%, and in Q2 consumption and investment sectors, executed 58.3 billion won against the target of 49.1 billion won, achieving an execution rate of 118.8%.

Uiwang City Mayor Kim Sung-je stated, "This achievement is the result of all staff members doing their best to manage finances for local economic revitalization in a difficult economic crisis situation," and added, "We will continue to actively push forward with budget execution in the second half to minimize carryovers and unused appropriations."

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