Yeoju City Promotes Rapid Budget Execution to Boost Regional Economic Vitality

[Suwon Ilbo=Um In-yong] Yeoju City held a '2025 First Half Rapid Budget Execution Progress Report Meeting for Livelihood Stabilization and Regional Economic Vitality' on the 13th, presided over by Vice Mayor Jo Jeong-a, with approximately 30 related city officials in attendance.

The city set the first quarter local fiscal rapid execution target at 168.6 billion won and established a collaborative system between project and support departments, including the formation of a 'Rapid Execution Promotion Task Force' headed by the vice mayor, to systematically implement fiscal execution.

The report meeting proceeded with an overall briefing from the Planning and Budget Division and reports on measures to improve each department's execution rate, followed by in-depth discussions on various methods to improve the execution rate, including discussions on matters to be pursued early in connection with '2025 Yeoju Tourism Inaugural Year'.

In accordance with the '2025 Guidelines for Active Utilization of First Half Local Fiscal Rapid Execution,' the city plans to actively utilize emergency bidding, advance payment for competitive subsidy projects, and early selection of preparatory tasks, and will intensively manage projects with total project costs exceeding 100 million won to ensure monthly execution plans are adhered to.

Meanwhile, the city was selected as an excellent local government for its 2024 first quarter and first half rapid execution promotion results and received 50 million won in special grants as an incentive.

Vice Mayor Jo Jeong-a stated, "The role of fiscal execution is very important to minimize the impact of external uncertainties on the regional economy," adding "We will make every effort in promoting rapid execution to enhance regional economic vitality."