North Korea’s Kim fires new economy minister, blasts cabinet for unambitious plans

North Korean leader Kim Jong Un sacked his economy chief, who was only appointed last month, and denounced his cabinet for a lack of innovation in drafting goals for a new five-year economic plan, state media reported on Friday.

The ruling Workers’ Party wrapped up its four-day plenary meeting on Thursday, where Kim also mapped out his vision for inter-Korean affairs and relations with other countries, as well as party rules and personnel issues.

With the economy topping the agenda, Kim reviewed action plans for his new five-year strategy which was unveiled at last month’s party congress amid international sanctions, a prolonged border closure and reduced outside aid due to the coronavirus pandemic.

He accused the cabinet of drafting plans with “no big changes” from previous ones, which he has said had “failed tremendously on almost every sector.”

The committee appointed O Su Yong, a longtime economic policymaker who previously served as a vice premier, to be the new director of its Department of Economic Affairs, replacing Kim Tu Il who was appointed in January.

“The idea and policy of the party congress are not properly reflected in the proposed plan for economic work for this year and innovative viewpoint and clear tactics can’t be found,” Kim told the meeting, according to the official KCNA news agency.

“The cabinet failed to play a leading role in mapping out plans of key economic fields and almost mechanically brought together the numbers drafted by the ministries.”

As a result, plans for some sectors were unrealistically elevated and others had tasks that were already easily achievable, he added…..read more

 

Source: Reuters

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