[Incheon] Next year's budget plan will be set at 15 trillion... "Focusing on the recovery of the people's livelihood."

The Incheon Metropolitan Government will set aside the main budget for next year at 14.93 trillion won, which is about 100 billion won less than this year, and submit it to the city council on November 1.

The Incheon Metropolitan Government explained that the budget expenditure focused on the recovery of the people's livelihood and the realization of welfare for the weak, minimizing civil inconvenience, and leap forward as a "global top ten city."

The size of next year's main budget plan decreased by 0.6% and 97.2 billion won from this year, with more than 300 billion won in special account revenues and expenditures reduced in the two projects alone as the construction of the 3rd Yeondanggyo Bridge and Incheon Subway Line 1 Geomdan Extension Line was completed.

The Incheon Metropolitan Government has set up next year's special account at KRW 3.7803 trillion, down 12.8% from this year, and the general account at KRW 11.1593 trillion, up 4.3%.

It is expected that self-income such as local tax and non-tax revenue will increase by 2.9% next year from this year, and dependent income such as government subsidies and local grant taxes will increase by 4.2%.