[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Lee Ji-eun] On the 20th, North Korea held an expanded plenary meeting of the Cabinet and reflected on the problems that arose during the implementation of the first quarter economic plan this year, emphasizing the need to eradicate self-preservation and formalism.


Korean Central News Agency reported on the 21st that "the expanded plenary meeting of the Cabinet was held via video conference on the 20th," stating this.


At the meeting, the implementation status of the first quarter people's economy plan was evaluated, and measures for the implementation of the people's economy plan for the first half of the year were discussed.


Park Jeong-geun, Deputy Premier of the Cabinet and Chairman of the State Planning Commission, who reported at the meeting, emphasized the need to "intensify the struggle against wrong phenomena such as formalism and self-preservation appearing in the execution of economic policies."


During the subsequent discussion, the agency reported that "the issue of continuously putting great effort into the work of overcoming negative phenomena that hinder economic development and constantly improving and completing our own economic management methods to ensure the smooth operation of the country's economy" was discussed.



The meeting was chaired by Premier Kim Deok-hoon, with Deputy Premiers Park Jeong-geun and Jeon Hyeon-cheol attending.


This content was produced with the assistance of AI translation services.

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