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Jeju’s Budget Exceeds KRW 1 Tr
Date
2014.08.27
Views
586

(JEJU=NEWSIS) The total budget of Jeju Special Self-Governing Province exceeded the KRW 1 trillion-level with KRW 1.276 trillion.

The first supplementary budget of Jeju prioritizes the budget that is allocated to resolve civil affairs including the safety and welfare and reflects relevant costs for sound finance management.

The budget comprises KRW 8.1 billion for safety prevention, KRW 3.4 billion for cultural and tourism sector, KRW 9.2 billion for social welfare, KRW 13.8 billion for agricultural and fisheries sector and KRW 26.1 billion for infrastructure construction.

Jeju will enhance the quality of administration service by expanding funding to accommodate the needs of the Province’s 500,000 residents.

kydjt6309@newsis.com

Source Text

Source: Newsis (August. 15, 2014)

** This article was translated from the Korean.