North Korea's Kim admits economic failure at party congress, blames 'a series of the worst of worst unprecedented crises'

North Korea's Kim admits economic failure at party congress, blames 'a series of the worst of worst unprecedented crises'

Speaking at the ruling party’s first congress since 2016, Kim Jong-un says his economic development plan fell "greatly short" of its goals, as North Korea struggled with natural disasters, sanctions, and the Covid-19 pandemic.
“Our five-year economic development plan has fallen greatly short of its goals in almost all sectors”, the North Korean leader admitted on Tuesday, during the opening of the first congress of the ruling Workers’ Party since 2016 in the capital Pyongyang.

At a party congress five years ago, Kim announced his five-year economic goals, promising to build a “great socialist country” by 2020.

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