Kim Jong-un admits North Korea’s economic plan failed “tremendously”

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  • The Telegraph published this video item, entitled “Kim Jong-un admits North Korea’s economic plan failed “tremendously”” – below is their description.

    North Korean leader Kim Jong-un said his five-year economic plan had failed to meet its goals “on almost every sector” as he kicked off the ruling Workers’ Party congress on Tuesday.

    The rare political gathering, which Mr Kim last hosted in 2016, has drawn international attention as he is expected to unveil a new five-year economic plan and address foreign policy, just two weeks before US President-elect Joe Biden takes office.

    In his opening speech, Mr Kim said the country had achieved a “miraculous victory” by bolstering its power and global prestige since the last meeting, referring to military advances that culminated in successful tests in 2017 of intercontinental ballistic missiles capable of striking the US mainland.

    Mr Kim also said the party would explore a “new path” for making a “big leap forward”.

    But the five-year economic strategy he set forth in 2016 had failed to deliver, he said, calling for a boost in North Korea’s self-reliance to tackle internal and outside challenges hindering its progress.

    Read the full story here: https://www.telegraph.co.uk/news/2021/01/06/kim-jong-un-calls-big-leap-forward-rare-north-korean-party-congress/

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    North Korea, officially the Democratic People’s Republic of Korea, is a country in East Asia constituting the northern part of the Korean Peninsula.

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