economy

The Korean people have entered a straight course in the fulfilment of the five-year plan set forth at the Eighth Congress of the Workers’ Party of Korea.

This year is the last one in implementing the five-year plan.

Over the past four years since the Eighth Party Congress was convened, the WPK has clarified the correct orientation of the struggle for the overall development of socialist construction and steadily led the work for its implementation, thus achieving lots of successes.

The economic revitalization was stepped up in the metal, chemical and other key industrial sectors, the validity and vitality of the WPK’s new agricultural policies on changing the structure of grain production in the agricultural sector and pushing ahead with rice and wheat farming were fully demonstrated and the proportion of domestic production of raw materials increased in the light industry sector to contribute to the people’s livelihood.

Many houses were built in the capital city and rural areas and thereby a new historical term of “season of moving into new houses” was coined.

In particular, the Regional Development 20×10 Policy was adopted to eliminate the centuries-old backwardness of local areas and accomplish the historic cause of regional rejuvenation. Regional-industry factories in Songchon, Jaeryong, Sukchon, Unpha, Kyongsong and other counties and cities and the Sinpho City Offshore Farm sprang up proudly as its first entities.

New phases of change brought about in the political, economic, cultural, defence, diplomatic and all other fields last year served as a clear manifestation of the validity and scientific accuracy of the orientation of advance indicated by the WPK.   

While overcoming innumerable difficulties through the strenuous struggle and efforts under the leadership of the WPK and going through development processes of new innovations, bold creation and steady progress, the Korean people have cherished more deeply the conviction that the Party’s lines and policies are science and victory, and realized that today’s happiness and rosy future are provided only on the road indicated by the Party.

This year, too, the WPK has drawn up a gigantic blueprint to raise the prestige of the DPRK more highly and provide the people with greater happiness.

The Eleventh Plenary Meeting of the Eighth Party Central Committee set it as the general orientation of the work for 2025 to push forward with the preparations for the next stage of development in a substantial way while successfully completing the five-year plan.

When the fighting goal for this year is attained, the year when the first-stage struggle for pioneering and transformation for the comprehensive development of socialism will be concluded, a solid springboard for the overall rejuvenation of the country will be provided and a new turn will be brought about in the work for the promotion of the people’s well-being.

The Korean people are filled with confidence and enthusiasm to attain this year’s goal without fail on the basis of the experience and lessons gained and drawn through the struggle for pioneering and leap forward and self-confidence and their own force that have grown a hundredfold.