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Uiwang City Selected as 'Excellent Organization' in Local Finance Execution Evaluation...Secures 40 Million Won in Special Transfer Tax

Executed 121.2 billion won (execution rate 149%) against Ministry of Interior and Safety's Q1 target of 81.3 billion wonMayor Kim Sung-je: "Will prioritize revitalizing local economy and promote active fiscal execution"
Uiwang City Hall exterior. (Photo=Uiwang City)
Uiwang City Hall exterior. (Photo=Uiwang City)

[Suwon Ilbo=Reporter Park Chan-hyuk] Uiwang City announced on the 8th that it was selected as an 'Excellent Organization' in the Ministry of Interior and Safety's '2025 Q1 Local Finance Execution Evaluation' and secured 40 million won in special transfer tax as a financial incentive.

The Local Finance Execution Evaluation is a system designed to efficiently execute budgets and enhance people's livelihoods and regional economic vitality. In this evaluation, the Ministry of Interior and Safety, taking into account the difficulties facing the people's economy, separately set a 'Q1 target' for fiscal execution and comprehensively reflected execution results in the consumption and investment sectors when selecting excellent organizations.

The city has promoted rapid fiscal execution by holding progress report meetings chaired by the Vice Mayor, including △monitoring of investment project performance △analysis of reasons for non-execution △close coordination between departments.

As a result, the city executed 121.2 billion won (execution rate 149%), exceeding the Ministry of Interior and Safety's Q1 target of 81.3 billion won, and was selected as an excellent organization in this evaluation, recognized for breathing vitality into the regional economy through efficient and rapid budget execution.

Mayor Kim Sung-je said, "The selection as an excellent organization is the result of public officials working as one with utmost dedication to fiscal execution amid difficult economic circumstances," and added, "During the remainder of the first half, I will prioritize revitalizing the local economy and promote active fiscal execution."

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