Economic Revamp for North Korea: Kim Jong-un End of Year Speech


In his 4th Plenary Meeting of the 8th Central Committee of the Workers’ Party of Korea (WPK) speech marking 10 years as the supreme leader of North Korea, Kim Jong-un announced economy as his 2022 national focus. The North Korean supreme leader has been quoted to have said, “The main task facing our Party and people next year is to provide a sure guarantee for the implementation of the five-year plan and bring about a remarkable change in the state development and the people’s standard of living.” In the report released by the Korean Central News Agency, Kim Jong-un spoke about the country’s harsh 2021, and the need to progress on the food, clothing, and housing shortages. With the looming winter which could further damage the food supply and cause greater starvation in his country, Kim Jong-un has shifted his focus on jump-starting the North Korean economy, which is being negatively impacted as a result of his decision to close all borders since 2020 as a protection against Covid-19. Unlike his previous end-of-year speeches, this speech mainly focused on internal affairs, with no mention of South Korea or the United States directly, with only a passing reference as “external affairs.” Kim Jong-un’s mention of rural development can be interpreted as a tactic to garner support and maintain the order of people outside of Pyongyang who are suffering from food shortages. In his speech, the mention of tractor factories may have been used to represent his domestic economic enterprise to his subjects, however, foreign analysts have suggested that those factories are in actuality being used to build launch vehicles for missiles.

Published by Jungen Ono

In a world full of political biases and outright lies, finding the truth and objectivities must be our focus for a more bipartisanship in our daily lives. "The Truth Lights The Darkness" Jungen Ono

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