October 01, 2023
News

North Korea’s long-term economic goals ‘seriously delayed,’ ruling party says

Plenum meeting reveals details ahead of Eighth Congress in Jan. 2021, where a new five-year economic plan will emerge

Updated at 19:45 KST on Aug. 20 to include expert comments

North Korean authorities failed to improve the lives of citizens or meet long-term economic goals due to recent "unexpected and inevitable challenges," Kim Jong Un said at a ruling party Plenary Meeting on Aug. 19, according to a state media report.