Analysis What North Korea’s official budget reveals about its spending priorities in 2024DPRK figures only capture portion of economy but show large investments in science and little in regional development ![]() In mid-January, North Korea’s premier Kim Tok Hun revealed the country’s accounts for last year and budget targets for 2024, offering a number of interesting and revealing pieces of information on Pyongyang’s spending priorities. The numbers published after a meeting of the country’s rubber-stamp parliament notably revealed massive outlays on quarantine facilities and agriculture in 2023, while outlining big increases in technology and culture-related spending in this year’s budget. However, the general trends in North Korea’s budget do not track overall economic performance, implying that improvements in the country’s economic © Korea Risk Group. All rights reserved. |