NK News – North Korea News
22nd May 2013
 

N.K. abandoning central planning, rationing: report

N.K. abandoning central planning, rationing: report

North Korea is relinquishing its rickety central planning and rationing systems in an economic reform that allows greater autonomy to farmers and businesses, Seoul officials and reports said.

U.S.-based Radio Free Asia said the communist country is implementing a new economic management system under new leader Kim Jong-un’s guideline announced on June 28.

Citing a

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