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DPRK’s economic recovery advances, Kim Jong Un states

Pyongyang, Jul 2 (Prensa Latina) The general secretary of the Workers' Party of Korea (WPK), Kim Jong Un, welcomed the fact that the national economy showed signs of revival in the first half of 2024, and proposed measures to maintain this course for the rest of the year.

At the closing session of the WPK Central Committee Plenary Meeting, Kim particularly highlighted the results in agriculture and the metallurgical, chemical and power industries, as well as in construction, which are key sectors to achieve the country’s 12 major economic and social goals for the five-year period.

He also praised the good progress of the program for the development of local industries, activated at the beginning of 2024 at his initiative.

The so-called 20×10 policy consists of building high-efficiency factories in 20 districts during each of the next 10 years, so that after a decade the task will be accomplished in all 200 districts into which the DPRK is divided.

The chairman of the State Affairs Committee told the plenary session that this colossal project will level up the development of towns with that of big cities and reveal the nation’s indigenous political and economic potentials on the way to a new era.

According to the state news agency KCNA, the WPK general secretary also exposed the distortions and deficiencies observed in different sectors and proposed concrete actions to overcome them.

KCNA also indicated that Kim “clarified the direction of the military and political activities of the KPA and the rest of the armed forces of the DPRK,” but without further details.

The information made no reference to an issue that international media had been keeping an eye on: the agreements signed between the DPRK and the Russian Federation during President Vladimir Putin’s recent visit.