About the Author
Ha-young Choi
Ha-young Choi was an NK News correspondent based in Seoul. She studied Korean history, mainly focusing on modern Korean history at Korea University. Follow her on twitter @Hy_Choi0826
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News N. Korea reforms finance, banking systemParty try to increase control over financial officials and local industrial organizations
North Korea convened the third national conference of financial and banking officials on Sunday in Pyongyang, highlighting improvements in the country’s financial systems. North Korean leader Kim Jong Un emphasized the leading role of the Workers’ Party of Korea (WPK) and united initiatives of the projects. He suggested strengthening currency circulation as the North Korean banking sector’s primary task. “The finance and banking sectors should be aware of the serious responsibility provided by great former leaders, then improve and strengthen the projects in a revolutionary way, facing current development,” Kim said in comments reported by Rodong Sinmun. Government officials were © Korea Risk Group. All rights reserved. |