Haman County Finalizes Second Supplementary Budget at 804.2 Billion Won

Focus on Fiscal Soundness and Stabilizing Livelihoods

Haman County in South Gyeongsang Province announced that its second supplementary budget for this year has been finalized at 804.2 billion won.

This supplementary budget totals 804.2 billion won, which is a decrease of 580 million won compared to the existing budget. Of this amount, the general account is allocated 726.1 billion won and the special accounts 78.1 billion won.

Haman County Office building. [Image provided by Haman County]

In the budget allocation process, non-essential projects were adjusted, while financial resources were concentrated on stabilizing livelihoods, revitalizing the local economy, and projects directly connected to residents' daily lives.

Haman County Governor Cha Seokho stated, "Given the unfavorable revenue conditions, we handled fiscal management more prudently than ever when drawing up this supplementary budget," adding, "We will focus financial resources on truly necessary key projects to bring about changes that residents can truly feel."

He further emphasized, "Going forward, we will resolutely reduce unnecessary spending and work to ensure both fiscal soundness and efficiency, while continuously pursuing the investments needed for the future of the region."

Looking ahead, a primary challenge during budget execution will be to minimize inconvenience to residents caused by expenditure adjustments, while ensuring that essential projects proceed without disruption.

This content was produced with the assistance of AI translation services.