North Korea to Convene Supreme People's Assembly in February Next Year... Discuss Next Year's Budget

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] North Korea will convene the Supreme People's Assembly, equivalent to South Korea's National Assembly, in February next year to discuss the budget for the upcoming year.

The Workers' Party organ, Rodong Sinmun, reported on the 15th, "The 18th plenary meeting of the 14th Standing Committee of the Supreme People's Assembly of the Democratic People's Republic of Korea was held on the 14th at the Mansudae Assembly Hall," and stated that the Standing Committee decided to convene the 6th session of the 14th Supreme People's Assembly on February 6 in Pyongyang.

According to the newspaper, the upcoming Supreme People's Assembly will discuss issues related to the Cabinet's performance this year and tasks for next year, the results of this year's national budget execution and matters concerning next year's national budget, the Childcare Law, the adoption of the Overseas Compatriots Rights Protection Law, and other related issues.

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