Province to frontload \80b before Chuseok
‘Effort to make sure all islanders are able to enjoy holidays’
With the aim of stimulating the local economy before the Chuseok holidays, the provincial government will release funding earlier than originally planned - a process known as frontloading.
More than 80 billion won will be injected into the economy. It includes 42.3 billion won set aside for for road-widening and disaster repair, 16.5 billion won for social welfare, and 10 billion won for promoting farming and fishing villages.
The provincial office began releasing the funds Tuesday, and it will continue through next Friday. They are being directed to local businesses that are financially unable to pay the overdue wages they owe their employees. Officials say they hope that by doing so, those workers will be able to enjoy and properly celebrate the upcoming holidays.
道, 추석 앞두고 재정자금 800억 지원
제주도가 추석을 앞두고 각종 관급공사와 사업자금을 조기 집행합니다.
이번에 지원되는 재정자금은 도로확포장과 재해위험지구 공사대금 423억, 사회복지 분야 지원금 165억, 농어촌진흥기금 100억 원 등 총 800억원 상당입니다.
제주도는 내일(15일)부터 25일까지 자금을 지급해 사업장 자금난과 임금체불 문제를 해소할 방침입니다.