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2012 Funding Operation

Statutory Allocation
(10 organizations, 29 projects 247,615 million won)

(unit:million won,1USD=1,200KRW)
2012 Statutory Allocation(10 organizations, 29 projects 247,615 million won)
Competent Authorities & Agencies 2012 Budget Project Details
Ministry of Education & Science Technology 31,529
  • Expansion of Public Science Education 25,664
  • Support for Employment of Highly Skilled Science and Technology Workforce 3,399
  • Hiring Incentives for SMEs to employ Retired Scientists and Build Innovation Capabilities 2,466
Korea Sports Promotion Foundation 25,988 Funding for Sports & Leisure Facilities
Korea Workers' Compensation & Welfare Service 13,305 Loans for Workers' Livelihood
Small & Medium Business Corporation 15,926 Public Policy Funds for SMEs
Local Governments (Seoul) 2,299 Short-term Shelters for Disabled Women
(Busan) 2,539 Establishment of Public Parks for Residents'Welfare
(Daegu) 2,586 Maternity Incentives
(Incheon) 2,419 Expansion of Public Libraries
(Gwangju) 2,683 Establishment of Rehabilitation Hospitals for the Disabled
(Daejeon) 2,531 Transport Infrastructure Development
(Ulsan) 2,474 Installation of Business Facilities
(Gyeonggi) 2,358 Support for Low-income Children
(Gangwon) 2,962 Expansion of Rehabilitation Facilicities for the Disabled
(Chungbuk) 2,898 Maternity Incentive
(Chungnam) 2,834 Enhanced Livelihood Support for the Disabled
(Jeonbuk) 36 Establishment of Job Training Centers for Women
(Jeonnam) 3,053 Expansion of Welfare Facilities for Senior Citizens
(Gyeongbuk) 2,964 Fostering of Agricultural & Sea Food Processing Industries
(Gyeongnam) 2,791 Expansion of Social Welfare Facilities
(Jeju) 2,839 Conservation & Restoration of State-Designated Cultural Heritage
subtotal 40,266
Jeju Special Self-Governing Province 43,266
  • Income Guarantee for Primary Industry Workers 15,899
  • Childcare Subsidies 27,367
Community Chest of Korea 10,739 Support for Low-income Children in Need of Nighttime Protective Care
Korea Forestry Service 14,648
  • Promotion of Green Welfare for the Underprivileged 11,678
  • Public Relations for Green Welfare 2,970
Korea Veterans Welfare & Healthcare Corporation 16,108 Healthcare Subsidies for Veterans with Specific Conditions
Cultural Heritage Administration of Korea 35,840
  • Establishment of National History Museums 5,800
  • Emergency Conservation Work on Cultural Heritage 5,800
  • Establishment of Intangible Cultural Heritage Center for Asia and the Pacific 17,900, etc.
Total 247,615

Public Works
(11 organizations, 17 Projects 667,679 million won)

(unit:million won)
2012 Public Works (11 organizations, 17 Projects 667,679 million won)
Type Project Title 2012 Budget Project Summary
Housing Stability of the Working Class Multifamily Housing Rental Program 374,850
  • City government's policy of purchasing multifamily houses in urban areas and leasing them to low-income famlies
  • Number of Housing Units:6,000/Year, Subsidy Amount/Household: 73.50 million won
Public Rental Assistance Program 80,826
  • City government's policy of leasing existing houses from the owners on a lump sum deposit and re-leasing them out to low-income families
  • Number of Housing Units:1,400/Year, Subsidy Amount/Household:50 million won(seoul metropolitan area), 95% loans
Single Room Housing Assistance 16,260 Supply of Single-family Rental Houses at Affordable Rates to Low-income Families Living in Substandard Residences Like Single Room Units
Subtotal 471,936
Welfare of the Underprivileged Prevention of Domestic and Sexual Violence & Treatment Services 6,289 Correctional Treatment for Sex/Domestic Violence Offenders, Treatment & Job Training for Victims of Violence, Health Care Subsidies, etc.
Assistance to Youth Halfway Houses 2,120 Rehabilitation Programs at Youth Halfway Houses for Unsupported/Isolated Youth Released from Juvenile Reformatories
Credit Repair Support for the Financially Underserved 2,800 Credit Repair Support Program for Debt Deliquents
Establishment of Treatment & Rehabilitation Centers for Children and Youth 2,964 Establishment of Intensive Residential Treatment Centers for At-risk Children and Youth
Operation of Job Training Centers for Discharged Inmates 2,750 Establishment of Job Training Centers for Discharged Inmates' Adaptation to Society
Energy Efficiency Improvement for Low-income Families 29,200 Energy Efficiency Improvement Projects for Low-income Famlies
Consumer Education for the Disadvantaged 1,000 Consumer Education for the Disadvantages (senior citizens, multicultural families) to Prevent Business Malpractices and Redress Consumer Grievances
Supply of Assistive Technology Devices 8,000
  • Supply of Assistive Technology Devices Necessary for People with Disabilities at Work
  • Free Lease: max. 10 million won/person(severe disabilities: 15 million won)
  • Free Supply: max. 3 million won/person(max. 50 million won / workplace)
Support for Single-parent Families 55,934 Tuition (high school tuition & fees) and Childcare Subsidies for Low-income Single-parent Families(support for children under 10 → 12 )
Support for Multi-cultural Families 42,337
  • Language and Education Services for Multicultural Families: 24,354
  • Establishment of Global Multicultural Centers: 2,000
  • Support for Multicultural Family Centers, etc.: 11,253
  • Support for Women Migrant Victims of Violence : 4,730
Subtotal 153,394
Veterans Welfare Service Improvement of Welfare Facilities for Veterans and Their Families 17,649 Establishment of Nursing Homes for Veterans and Their Families (Daegu, Daejeon)
Subtotal 17,649
Promotion of Arts and Culture Culture Sharing for the Underserved 23,700 Culture Sharing Programs 9,400 · Support for Cultural Events for the Culturally Underserved 8,300 · Support for Community Arts & Culture 6,000
Subtotal 23,700
Others Disaster/Emergency Relief 1,000 Supply of Rations and Consunables for Disaster/Emergency Relief Volunteers
Subtotal 1,000