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Gov. Kim Dong-yeon Resumes Office, Prioritizes Supplementary Budget... First Supplementary Budget of 2026 Increased by 1.62 Trillion Won

Gyeonggi Province compiles first supplementary budget of 2026 worth 41.68 trillion won...to be submitted to provincial assembly on 17th1.15 trillion won for economic stabilization, 149.2 billion won for citizens' mobility rights guarantee, 1.3 billion won for three agricultural support packages, 4.5 billion won for targeted support to vulnerable groups
Exterior view of Gyeonggi Provincial Government Building. (Photo=Gyeonggi Province)
Exterior view of Gyeonggi Provincial Government Building. (Photo=Gyeonggi Province)

[Suwon Ilbo=Reporter Kim Gap-dong] Governor Kim Dong-yeon, who registered as a preliminary candidate for the local election party primary, will return to provincial affairs on the 20th to address the supplementary budget and other livelihood issues.

Gyeonggi Province has compiled a first supplementary budget of 1.62 trillion won in response to the Lee Jae-myung administration's wartime emergency budget.

The province is pursuing an additional supplementary budget on the scale of 41 trillion won, including 1.13 trillion won in high oil price damage relief funds, 85.8 billion won for expansion support of "The Gyeonggi Pass" to activate public transportation, and 1.3 billion won in support for the 'oil, feed, and plastic film' three-package program to stabilize farm management, to aid residents suffering from difficulties caused by the Middle East conflict.

Jeong Du-seok, director of the Gyeonggi Provincial Planning and Coordination Office, held a press conference at the Gyeonggi Provincial Government Building on the morning of the 17th and announced that a total first supplementary budget of 41.68 trillion won for 2026 will be submitted to the Gyeonggi Provincial Assembly. This represents an increase of 1.62 trillion won from this year's original budget of 40.06 trillion won.

Director Jeong stated, "We are swiftly supporting the government's supplementary budget on the basis of responding to high oil prices, stabilizing livelihoods of vulnerable groups, and minimizing industrial damage, while concentrating fiscal capacity on supporting livelihood blind spots not covered by government support."

Director Jeong Du-seok of the Planning and Coordination Office holds a press conference on the '2026 First Supplementary Budget' at the briefing room of the Gyeonggi Provincial Government Building on the morning of the 17th. (Photo=Gyeonggi Province)
Director Jeong Du-seok of the Planning and Coordination Office holds a press conference on the '2026 First Supplementary Budget' at the briefing room of the Gyeonggi Provincial Government Building on the morning of the 17th. (Photo=Gyeonggi Province)

This supplementary budget has been compiled to support recovery of residents' daily lives and the regional economy, which have been dampened by the prolonged Middle East conflict. The province will implement livelihood support including high oil price damage relief funds and small-amount financial support targeting low-credit Gyeonggi residents, guarantee citizens' mobility rights centered on capital region transfer discount support and "The Gyeonggi Pass" refund expansion, support for farmers and fishermen to respond to fuel price increases, and targeted support to fill blind spots for vulnerable groups.

The 2026 first supplementary budget of 41.68 trillion won is compiled into 37.34 trillion won for the general account and 4.34 trillion won for special accounts.

Looking at major items, to serve as a 'livelihood economy breakwater,' △ 1.13 trillion won in high oil price damage relief funds △ 3 billion won in small-amount financial support targeting low-credit Gyeonggi residents △ 12.3 billion won in maternal and newborn health management support △ 1 billion won in Gyeonggi Province veterans' honor pension support △ 3.6 billion won in universal support for female adolescents' menstrual products, totaling 1.15 trillion won has been allocated.

Budget for guaranteeing citizens' mobility rights totals 149.2 billion won. △ 63.4 billion won for capital region transfer discount support △ 85.8 billion won for "The Gyeonggi Pass" expansion support—budgets to promote public transportation usage are also reflected.

For support of the 'oil, feed, and plastic film' three-package program for farm management stabilization, △ 700 million won in tax-free fuel support for farmers and fishermen △ 400 million won for support on African swine fever suspicious feed damage △ 200 million won in rice straw vinyl support for feed production, a total of 1.3 billion won has been allocated.

For targeted support to fill blind spots for vulnerable groups, △ 2.7 billion won for emergency welfare for households in crisis △ 1.7 billion won for support on fact-finding investigations of tax defaulters △ 100 million won including special cooling expense support for women's, single-parent, and children's facilities during extreme heat periods, totaling 4.5 billion won has been allocated.

The budget will be deliberated at the 389th extraordinary session of the Gyeonggi Provincial Assembly to be held from the 21st to the 28th. During this period, the province plans to conduct sufficient discussions with the provincial assembly, and once the budget is confirmed, each department will establish implementation plans and promote projects swiftly.

Director Jeong Du-seok of the Planning and Coordination Office stated, "This supplementary budget is a necessary budget that reflects the government's supplementary budget projects and recovers the livelihood economy," and added, "We will cooperate closely with the provincial assembly during the deliberation process, and once the budget is confirmed through the deliberation procedure, we will prepare thoroughly to ensure swift implementation."

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