Kim Jong Un admits North Korea’s ‘gloomy’ economic outlook

Published by
DPA

North Korean strongman Kim Jong Un has urged his officials to focus on improving “the living conditions of the people” in the face of a “gloomy situation.” The country also faced major tasks in developing the state economy and achieving set economic targets, Kim said during a speech in Pyongyang marking the 76th anniversary of the founding of the Workers’ Party of Korea. According to the state news agency KCNA, the anniversary was celebrated in North Korea’s capital with musical performances and fireworks, though a military parade was not held. North Korea’s economy, already battered by intern…

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