North Korea’s Kim Says Five-Year Economic Plan Failed ‘Tremendously’

North Korea’s Kim Says Five-Year Economic Plan Failed ‘Tremendously’
North Korean leader Kim Jong Un speaks on the first day of the 8th Congress of the Workers' Party in Pyongyang, North Korea on Jan. 6, 2021. KCNA/via Reuters
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

North Korean leader Kim Jong Un acknowledged that the communist regime failed to produce on nearly every front of his five-year economic plan.

In a gathering of the ruling Workers’ Party on Jan. 6, Kim told other cadres that the five-year “strategy was due last year but it tremendously fell short of goals on almost every sector,” according to state-run media. Photos of the event showed top aides, including sister Kim Yo Jong, had accompanied him.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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