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Successes Achieved in Economic Field in DPRK in 2024

The 11th Plenary Meeting of the 8th Central Committee of the Workers’ Party of Korea noted the overall national economy showed a firm growth trend and brought about substantial results directly related to the people’s well-being.

The 12 major goals of the national economic development were successfully carried out.

The readjusting and reinforcing projects including the second-stage project for modernizing the Kumsong Tractor Factory and the installing of energy-saving oxygen blast furnace at the Hwanghae Iron and Steel Complex were successfully pushed forward, further strengthening the development motive force and potential of the self-supporting economy.

The agricultural sector reaped a bumper harvest again by actively introducing scientific farming methods and implemented the second-stage project for construction and restoration of the irrigation system by April, further consolidating the material foundations of its production.

The construction sector built again 10 000 flats of more refined and developed architectural beauty in the Hwasong area in the capital city, implemented the housing construction plan for 2024 in the Komdok area and completed the construction of modern rural villages in many cities and counties, bringing great pleasure and joy to the people across the country.