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Finances
The budget at the beginning of 2005 was 8 trillion 446.1 billion won. The provincial budget was 2 trillion 991.3 billion won. The city and county budget was 5 trillion 454.8 billion won.
The budget for 2005 concentrated on making the economy the best of all the provinces in Korea and to satisfy a variety of residents' desires. Finances have been intensively invested to activate the local economy in many areas. These investments strengthened the competitiveness of the agricultural and commercial fishing industries due to the enforcement of the FTA, improvements to the welfare and quality of life of residents, the promotion of culture and the arts, expanded sports and tour facilities, and securement of the Social Overhead Capital(SOC).
Provincial Revenue / Expenditures
Provincial Revenue / Expenditures
 
Budget
  Amounts General Account Special Accounts
Totals 8,446.1 6,998.4 1,447.7
Province 2,991.3 2,363.8 627.5
Cities & Counties 5,454.8 4,634.6 820.2
 
National Subsidy & Investment Budget
National Subsidy & Investment Budget