NK News – North Korea News
21st May 2013
 

N.Korea Posts First Growth in 2 Years

N.Korea Posts First Growth in 2 Years

The North Korean economy is believed to have logged positive growth last year after two straight years of contraction. South Korea’s central bank estimated that the communist country’s economy grew 0.8 percent on-year in 2011, compared with a 0.5 percent contraction in 2010 and a 0.9 percent fall in 2009.The Bank of Korea said that

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