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金, massive redemption liquidation … Focus on the Economic Command Cabinet
Promote the efficient distribution of limited resources in the right place.
Chronic energy shortages and raw material shortages are obstacles
Space for recreation of the ‘Cabinet Accountability System’ that failed in the 2000s
[앵커]
North Korean leader Kim Jong-un is reported to be bracing for economic hardships, such as declining real consumption, while encouraging the achievement of economic goals by whipping cabinets and executives day after day. However, we are interested in whether we can overcome fundamental constraints such as energy shortages and raw materials shortages in the situation of border closures and sanctions against North Korea. Reporter Hwang Hye-kyung reports. It’s a term that has popped up in North Korea recently, and it’s the ‘March of Suffering’ of the 1990s. When comparing the time when hundreds of thousands of people starved to the current crisis, the emphasis is on solidarity and total struggle. In fact, it is said that the neighbors themselves wore the belt, remembering the time. As the border blockade caused by the crown drags on, it is reducing overall consumption and preparing for economic difficulties. President Kim Jong-un, who foresaw the crisis, also foreshadowed a massive deal for redemption, self-reliance and direct advances through the party’s eighth conference and plenary meeting. It means that we will overcome the crisis independently by concentrating the overall command and control of the economy in the cabinet and by distributing the wealth and resources that have so far been concentrated in the institutions of power. The obstacle is that financial difficulties, shortages of foreign exchange, energy shortages and shortages of raw materials are not problems that can only be solved with will. In the end, there is room for North Korea to re-enact the experiment of the early 2000s, in which only the cabinet collapsed after pursuing the cabinet accountability system after the ‘March of Affliction’. However, in the first year of the five-year plan for economic development, such as replacing the party’s economy secretary in a month, the possibility that North Korea, which is engaged in an all-out war to achieve its goals, may make a strange, draws attention to Kim Jong-un-sik’s self-help measures. This is YTN Hwang Hye-kyung.