Kim Jong Un admits five-year economic plan failed ‘tremendously’

Kim Jong Un admits five-year economic plan failed ‘tremendously’

Kim Jong Un admitted Wednesday that his five-year economic plan failed “tremendously” on nearly every front, state media reported.

The North Korean leader made the comments at a rare days-long Workers’ Party gathering, which was last hosted in 2016 when he first set forth the plan.

“The strategy was due last year but it tremendously fell short of goals on almost every sector,” Kim said in opening remarks to the congress, according to KCNA.

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He was accompanied by his top aides, including his sister and senior party official Kim Yo Jong, nominal head of state Choe Ryong Hae and Premier Kim Tok Hun.

At the last meeting, Kim called for boosting North Korea’s economic growth and expanding domestic sources of energy, including nuclear power. He also underscored the “byungjin” policy of parallel development of nuclear weapons and the economy.

This year’s meeting is expected to last a few days and Kim is expected to announce leadership changes, potentially involving

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