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[POLITICS] · South Korea · 2 sources

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Namyangju proposes 2.86 trillion KRW supplementary budget

Namyangju Mayor Choi Hyun-deok has announced a second supplementary budget proposal totaling 2.8643 trillion KRW for 2026. This represents a 10.8% increase (278.6 billion KRW) compared to the first supplementary budget.

The budget focuses on livelihood recovery, regional economic revitalization, welfare, and transportation. Key allocations include:

• Economic Support: 90.3 billion KRW for high oil price damage relief, K-Pass, truck fuel subsidies, Namyangju Love Gift Certificate incentives, and small business guarantees. • Welfare: 62.3 billion KRW for basic pensions, elderly care, housing benefits, and the construction of the Byeollae Senior Welfare Center. • Transportation and Infrastructure: 36.6 billion KRW for Jinjeop and Byeollae line operations, bus semi-public management, and transportation subsidies for children, youth, and the elderly.

Additional funds are earmarked for urban development, sports, culture, and safety measures, such as park and river maintenance and flood prevention. The proposal is currently undergoing deliberation by the Namyangju City Council.

Entities

Choi Hyun-deok · Namyangju · Namyangju City Council