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July 16, 2024
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Information related to the North Korea economic sector

North Korea’s Wonsan-Kalma project fails to meet April 15 completion deadline
News

North Korea’s Wonsan-Kalma project fails to meet April 15 completion deadline

Finishing materials still being sent to marquee beach resort as construction is “pushing forward,” state outlets say

North Korea’s Wonsan-Kalma project fails to meet April 15 completion deadline
Colin ZwirkoColin Zwirko April 17, 2020
What we can learn from North Korea’s opaque 2019 official economic figures
Analysis

What we can learn from North Korea’s opaque 2019 official economic figures

Aside from a few cherry-picked figures, the lack of numbers suggest the DPRK economy is still struggling to grow

What we can learn from North Korea’s opaque 2019 official economic figures
Peter WardPeter Ward April 15, 2020
Why North Korea may have, quietly, scrapped its last five-year economic plan
Opinion

Why North Korea may have, quietly, scrapped its last five-year economic plan

With sanctions relief unlikely and a "break-through battle" ahead, Kim Jong Un is shifting gears

Why North Korea may have, quietly, scrapped its last five-year economic plan
Wang Son-taekWang Son-taek April 15, 2020
North Korea’s Supreme People’s Assembly meets: new laws and notable promotions
Analysis

North Korea’s Supreme People’s Assembly meets: new laws and notable promotions

The rubber-stamp parliament's first session this year saw officials approve three new laws

North Korea’s Supreme People’s Assembly meets: new laws and notable promotions
Martin WeiserMartin Weiser April 13, 2020
North Korean Cabinet officials accused of “serious mistakes” last year: KCNA
News

North Korean Cabinet officials accused of “serious mistakes” last year: KCNA

At parliamentary session, top technocrats urged to ensure "unified guidance" in state management of the economy

North Korean Cabinet officials accused of “serious mistakes” last year: KCNA
Oliver HothamOliver Hotham April 12, 2020
North Korea lays out budget plans, personnel changes at parliamentary meeting
News

North Korea lays out budget plans, personnel changes at parliamentary meeting

Lawmakers agree to spend 47.8% of state budget on economy, 15.9% on national defense

North Korea lays out budget plans, personnel changes at parliamentary meeting
Colin ZwirkoColin Zwirko | Jeongmin Kim April 12, 2020
North Korea’s Politburo discusses “danger” from COVID-19, promotes officials
COVID-19

North Korea’s Politburo discusses “danger” from COVID-19, promotes officials

Meeting comes ahead of planned parliamentary session, originally set to take place on Friday

North Korea’s Politburo discusses “danger” from COVID-19, promotes officials
Jeongmin KimJeongmin Kim April 11, 2020
North Korean state media yet to report on expected parliamentary meeting
News

North Korean state media yet to report on expected parliamentary meeting

Rubber-stamp DPRK Supreme People's Assembly was set to convene on Friday

North Korean state media yet to report on expected parliamentary meeting
Jeongmin KimJeongmin Kim April 11, 2020
What South Korea’s April 15 elections could mean for inter-Korean relations
Analysis

What South Korea’s April 15 elections could mean for inter-Korean relations

While voters list other issues as greater concerns, who wins next week stands to have a major impact on North-South ties

What South Korea’s April 15 elections could mean for inter-Korean relations
Jeongmin KimJeongmin Kim April 10, 2020
Change and consistency in North Korean markets: domestic vs global food prices
Analysis

Change and consistency in North Korean markets: domestic vs global food prices

Food prices appear to be declining when compared to global benchmarks, which is good news for the average North Korean

Change and consistency in North Korean markets: domestic vs global food prices
Peter WardPeter Ward April 9, 2020