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Gwangju and Jeollanam-do put full efforts to secure the next year’s national budget.

광주시·전남도 예산 확보 ‘올인’

 

Gwangju and Jeollanam-do will put in full efforts to secure next years budget as the main opposition parties, including Liberty Korea, are looking forward to reducing the budget within the Gwangju and Jeollanam-do region. 

 

Jong Min Kim has details.

 

The ruling and the main opposition parties have started a fierce tug-of-war over the next years budget allocation of 513.5 trillion won.

 

Local governments of Gwangju and South Jeolla are paying keen attention to the outcome as the main opposition Liberty Korea Party have put some of the main local projects into their must review list and expressed their willingness to enforce budget reductions.

 

For this reason, Gwangju City launched an all-out effort to secure the national budget for 20 projects on regional issues, including the project to create the Artificial Intelligence Integrated Complex" that was confirmed as a preliminary exemption project.

 

South Jeolla Province will also strive to secure a budget for 40 regional issues, including the Blue Economy Project.

 

The National Assembly will start its 3 day budget review of economic and non-economic ministries from the 4th. The general policy questioning and the subcommittee for budget adjustment will take place on the 7th and 11th respectively to conduct reviews on amounts.

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