General
North Korean leader Kim Jong Un admits his economic development plans have failed at ruling party congress
North Korean leader Kim Jong Un says his economic development plans have failed as he opened the nation’s first full ruling party congress in five years, according to state media.
Key points:
- Mr Kim said that “almost all sectors fell a long way short of the set objectives” under a previous five-year development plan
- He made the comments at a national congress designed to help him show a worried nation that he’s firmly in control
- Last year, Mr Kim acknowledged economic “shortcomings” caused by “unexpected and inevitable challenges”
Mr Kim said that “almost all sectors fell a long way short of the set objectives” under a previous five-year development plan established at the 2016 congress, reports the North’s official Korean Central News…
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