Gyeonggi Province Confirms 40.0577 Trillion Won Budget for 2026... Support for Recovery of People's Livelihoods and Future Industry Development

[Suwon Ilbo=Reporter Kim Gap-dong] The 2026 budget for Gyeonggi Province has been finalized at 40.0577 trillion won.

The Gyeonggi Provincial Assembly held its final plenary session of the 387th regular session on the 26th and confirmed the 2026 Gyeonggi Provincial general budget at 40.0577 trillion won.

This represents an increase of 153.1 billion won from the 39.9046 trillion won submitted by Gyeonggi Province, and an increase of 3.4%, or 1.3356 trillion won, compared to this year's general budget of 38.7221 trillion won.

The budget is comprised of 35.7244 trillion won in general accounting and 4.3333 trillion won in special accounting.

The general accounting increased by 984.6 billion won compared to this year's 34.7398 trillion won, and special accounting increased by 351 billion won compared to this year's 3.9823 trillion won.

Both Governor Kim Dong-yeon's priority project budgets, which were contentious issues, and the welfare budget advocated by the opposition parties of the provincial assembly were substantially reflected.

Additionally, the youth basic income budget of 61.4 billion won, which was completely cut during the standing committee review process, has been fully restored.

Looking at major budget allocations, Gyeonggi Province aims to achieve structural transformation of the regional economy and improvement of residents' quality of life by strengthening on-site resilience and promoting consumption and regional economic revitalization. Financial support across the entire people's livelihood economy has been strengthened.

To ease the management burden on small business owners and self-employed workers, 3 billion won has been allocated to the "Small Business Owners Fighting Back" card.

180 billion won has been allocated for agricultural and fishery product consumption promotion and discount coupon support to reduce grocery price burden.

Furthermore, to support sales recovery in traditional markets and alley shops, 10 billion won has been allocated to the "Gyeonggi Big Sale" event, and consumption promotion policies centered on local merchants will continue to be pursued.

To alleviate transportation cost burdens, 476.9 billion won has been allocated to the public management system for city and metropolitan buses, 181.6 billion won to Seoul metropolitan area transfer discounts, 10 billion won to "THE Gyeonggi Pass," and 39 billion won to support for children and youth transportation costs.

Budgets have also been allocated to address care gaps and strengthen safety nets for residents. 240.6 billion won will be invested in the "360-degree Care" project, which provides care services anytime, anywhere, and the "Nursing SOS Project."

497.8 billion won will be invested in support for the Nuri curriculum, and 64.2 billion won for nutritional meal support at childcare facilities. Additionally, 20 billion won for Ilsan Bridge toll support and 20 billion won for development projects on U.S. military-returned sites were finalized.

139 billion won will be invested in northern Gyeonggi road projects and 210.5 billion won in metropolitan railway construction projects to expand transportation infrastructure and improve regional connectivity.

Meanwhile, Governor Kim Dong-yeon stated regarding the budget confirmation, "We will proceed with key provincial projects such as recovery of people's livelihoods and fostering future industries without interruption, and as 'the government's primary partner,' we will increase the speed and completeness of implementation so that government policies translate into tangible results in the field of people's livelihoods."