February 28, 2024
News

Kim Jong Un lays out 10-year plan to fix ‘backward’ economy at Politburo meeting

Two-day Politburo meeting follows Kim's announcement of new 'local development 20×10 policy' earlier this month

North Korean leader Kim Jong Un led a Politburo meeting this week on his new "regional development 20×10 policy,” laying out a 10-year plan to mobilize the army and fix the country's chronic "backwardness" by building modern factories in every county nationwide.

According to the Korean Central News Agency (KCNA), Kim lectured party officials on their roles as part of the new plan at a meeting held on Jan. 23 and 24, saying his “failure to satisfactorily provide the people in local areas with basic living necessities” like food and consumer goods “has arisen as a serious political issue.”

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