Osan City Activates Emergency Response Task Force for Early Budget Execution

Osan City has organized and is operating an 'Early Execution Emergency Response Task Force' headed by the vice mayor to enable early execution of over 60% of this year's budget in the first half to help stimulate the local economy.

The task force held a promotion report meeting last December on 253 priority projects for early execution, deciding to put 230 of them out for bidding in the first half of the year.

For projects to be put out for bidding in the first half, design and construction will be carried out simultaneously through emergency bidding, and expenses such as private sector transfer expenses, event costs, and office supply purchases with significant spillover effects for self-employed businesses and others are also planned to be executed by March.

An official from the task force said, "The results of this early budget execution will greatly contribute to revitalizing the local economy through boosting domestic demand and job creation by treating the current economic situation as a national crisis comparable to a disaster and executing the budget early in the first half of this year in a manner that deviates from existing practices and conventions."