The provincial office has submitted this year’s second supplementary budget plan to the provincial council. The 6.15 trillion won of the suggested supplementary budget includes an emergency relief fund for every resident of the island as well as an influenza vaccination.
The provincial council has delayed the special session from the 13th to the 16th of July for an exhaustive review of the new plan.
Mike Laidman reports.
The Jeju Provincial Office has now wrapped up this year's second supplementary budget plan, one week behind schedule.
The supplementary budget is 6 trillion, 151.3 billion won - 97.5 billion won more than this year's first supplementary budget.
The province says much of the budget is allocated to combatting COVID-19.
The first round of emergency relief funds was paid out to the households that earn below the island’s median income.
Now, with the second round, the province is planning to have everyone benefit.
The second round of emergency relief funds will see 23 billion won allocated to island residents.
Together with the 46.8 billion won previously passed for the first supplementary budget plan, the island plans to pay 100,000won to every resident in Jeju.
Also out of the budget, 10.1 billion won is allocated to flu vaccines, from which all islanders will benefit.
The supplementary budget plans also include 700 million won of emergency relief funds for teenagers who don't attend schools, 1 billion won in aid for patients infected with COVID-19 and hospitalized or isolated at home, and 5.8 billion won for the purchase of commodities for virus spread prevention.
In total, 125.1 billion won is earmarked for programs to combat the virus.
Of note, there has been the suggestion that the 1.3 billion won put aside for festivals and events this year that have since been cancelled, be instead used to fund a remote, online cultural industry.
The province says that the supplementary budget resources were created by adjusting expenditures and saving on administrative costs to the tune of about 9 billion won.
The province has plans to exhaustively review the current supplementary budget plans, especially the money being put towards the fight against COVID-19.
Kang Cheol-nam / Provincial councilor
Subsidies for private organizations have been cut in the submitted plan, meanwhile some funds are newly allocated to building facilities. We will review whether the new budget plans will be helpful for our communities.
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민간경상보조 등 삭감된 내용이 전체적으로 많은데 시설에 관련돼 투자된 부분도 있거든요. 그래서 지역사회에 어느정도 뿌리내릴 수 있는지 전체적으로 살펴볼 예정입니다.
The provincial council has delayed its next special session from July 13th to the 16th in order to allow sufficient time to review all the new budget plans which were submitted behind schedule.
Mike Laidman, KCTV