The budget for 2015 is KRW 6.1760 trillion, 2.6 percent (KRW 155.4 billion) higher than the previous year’s original budget.
General accounting, with an increase in government subsidies, is now KRW 4.6888 trillion, representing a 6.2-percent (KRW 274.1 billion) increase over the previous year’s original budget.
Special accounting makes up KRW 1.4872 trillion, approximately 7.4 percent (KRW 118.7 billion) less than last year due to the construction of Subway Line No. 3 (KRW 236.9 billion) and the installation of subway platform screen doors (KRW 60 billion).
Distribution of Investment Resources by Sector
The total budget for expenses in 2015 (KRW 6.1760 trillion, including general and special accounting) has increased by about 2.6 percent over that of last year.
(Unit: KRW 100 million)
The creative economy sector has grown significantly by 16.1 percent (KRW 48.3 billion).
In terms of proportion of the budget, the public safety sector has increased the most at 29.1 percent (KRW 21.5 billion).
In terms of scale, the health and welfare sector has increased the most at 11.3 percent (KRW 225.4 billion).
While the roads and transportation sector has decreased sharply by 24.7 percent (KRW 235.2 billion).