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Ulsan Named Best Local Government in Fiscal Management for Third Straight Year
AI 3-line summary
- Ulsan Metropolitan City has been selected as the top-rated local government in fiscal management for the third consecutive year in the Ministry of the Interior and Safety's 2025 Local Government Fiscal Analysis.
- The evaluation covered 243 local governments nationwide, and Ulsan will receive a special grant of 100 million won and a ministerial commendation.
- Ulsan said it expects to cut its debt from 980 billion won at the end of the 7th elected mayor's term to about 740 billion won by the end of 2025.
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Read the full article (machine translation) → Original article (Korean): 울산시, 지방재정 최우수 지자체 3년 연속 선정…미래 세대 위한 채무 감축 결실
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