Mokpo City presented an award to the Bank of Korea's Mokpo branch for its contributions to local finance and tax development, reaffirming its commitment to regional economic revitalization.
On August 3, Mokpo City announced that it delivered the award at city hall to the Bank of Korea's Mokpo branch for its role in enhancing self-generated revenue, including corporate income tax. Park Yoon-hee, head of the tax division, attended the ceremony to express gratitude and emphasize the need for cooperative efforts between local economies and finances.
The Bank of Korea's Mokpo branch has contributed to the stability and development of the local economy by providing financial support to small and medium-sized enterprises in the southwestern Jeollanam-do region and conducting economic research. It received the award in recognition of its contributions to local finance through corporate income tax payments.
Kim Jun-cheol, head of the Bank of Korea's Mokpo branch, stated, "It is a great honor to receive this meaningful award. We will continue to collaborate and support the development of the local economy as an institution that coexists with the community."
Mokpo Mayor Kang Seong-hwi remarked, "The Bank of Korea has played a crucial role in stabilizing and developing the local economy through objective economic analysis and policy support. I hope we can continue our close cooperation to enhance local finance and improve the quality of life for our citizens."
Park Yoon-hee, head of the tax division, noted, "Securing stable self-generated revenue and cooperation among related institutions is essential for sound local finance management. We will strive to strengthen the foundation of local finance through efficient tax operations and improved taxpayer environments."
Meanwhile, Mokpo City is continuously enhancing its cooperation with relevant agencies to secure a stable local finance base and implement fair tax administration.
* This article has been translated by AI.
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