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Gyeonggi Province Secures 19.14 Trillion Won in State Budget...Up 3.1% from Previous Year

Welfare budget increased by 518.2 billion won from previous year to 13.62 trillion wonMajor SOC budget of 3.16 trillion won including 212 billion won for Indeokwon~Dongtan double-track railway, etc.
Gyeonggi Provincial Government Office exterior. (Photo=Gyeonggi Province)
Gyeonggi Provincial Government Office exterior. (Photo=Gyeonggi Province)

[Suwon Ilbo=Reporter Kim Gap-dong] Gyeonggi Province announced on the 12th that, following analysis of the revised 2025 government budget that passed the National Assembly plenary session on the 10th, it has secured 19.14 trillion won in state budget, an increase of 577.4 billion won (3.1%) compared to the previous year.

By sector, the welfare budget supporting low-income and socially disadvantaged groups increased by 518.2 billion won, from 13.10 trillion won in 2024 to 13.62 trillion won in 2025, owing to increased beneficiaries and expansion of government welfare policies. Representative projects include △basic pension of 4.13 trillion won △livelihood allowance of 1.55 trillion won △housing allowance of 690.9 billion won, among others.

For social infrastructure (SOC) including railways and roads, 3.16 trillion won was secured, slightly less than the 3.31 trillion won secured the previous year, depending on project completion and progress rates. Representative projects include △Indeokwon~Dongtan double-track railway of 212 billion won △Wolgot~Pangyo double-track railway of 172 billion won △Sinan line of 265 billion won △Dobongsan~Okjeong line of 79.5 billion won △Western inland (Pyeongtaek~Buyeo) private expressway of 735.1 billion won △Seoul metropolitan area second outer ring (Gimpo~Paju) expressway of 41.5 billion won, among others.

Environmental sector budgets include △electric vehicle supply of 334.1 billion won △hydrogen fuel cell vehicle of 126.5 billion won △incineration facility installation of 40.1 billion won △national river maintenance of 12.2 billion won △reusable container promotion of 1.9 billion won, among others.

Agricultural policy and marine budgets of △agricultural and food product voucher of 5.7 billion won △livestock quarantine response support of 11.8 billion won △Sewol ferry memorial facility of 4.6 billion won, and transportation sector budgets of △public transportation fare refund support of 112.4 billion won △metropolitan bus quasi-public operation of 151.9 billion won △special transportation service operation of 15.1 billion won are also reflected.

The local love gift certificate (local currency) issuance project to support small business owners and alleyway commercial districts was not reflected due to the impact of the National Assembly plenary's budget reduction measures.

The Province plans to actively respond to secure additional budgets related to livelihood economy in accordance with the government's supplementary budget plan for next year, and plans to rapidly execute the secured budget starting from January next year to stabilize private consumption and the local economy.

This year, the Province set a goal of securing 18.77 trillion won in state budget and conducted briefing sessions with parliamentary staffers and budget policy coordination meetings with the Democratic Party and People Power Party, while Governor Kim Dong-yeon, Vice Governor for Administration Kim Sung-joong, and Vice Governor for Administration O Hu-seok, among others, visited the National Assembly to request support for major state-funded projects through multi-directional efforts.

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