North Korea's Kim says country to develop economy over next 5 years

RiddleMaster · 2026-02-23T22:35:34+00:00

North Korean leader Kim Jong Un announced plans to enhance the economy over the next five years during the Workers' Party Congress. He emphasized the need for advancements in thought, technology, and culture. Kim Yo Jong received a promotion within the party.

RiddleMaster

2026-02-23 22:35:34

Abstract generation in progress

SEOUL, Feb 24 (Reuters) - North Korean leader Kim Jong Un said the country will solidify and develop the quality of its economy over the next five years, state media KCNA said on Tuesday.

Since last week, North Korea has been holding the Ninth Party Congress of the Workers’ Party which sets out major policy goals for the next five years.

The Reuters Inside Track newsletter is your essential guide to the biggest events in global sport. Sign up here.

The Congress was ongoing on Monday, with members starting to set plans and goals for the next five years by sectors including military, foreign policy, industry and agriculture, KCNA said.

Calling the next five years a “full-scale progress phase” in a speech on Monday, Kim called for revolutionising thought, technology and culture so new projects will be well-managed over time, KCNA said.

Chinese President Xi Jinping sent a message to Kim to congratulate his reelection to general secretary of the ruling party, KCNA confirmed.

Meanwhile, Kim Yo Jong, the powerful sister of leader Kim Jong Un, was given a promotion. According to KCNA, Kim Yo Jong was named a party department director. Previously, she was vice-director.

Reporting by Joyce Lee Editing by Bill Berkrot

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Suggested Topics:
Asia Pacific

X
Facebook
Linkedin
Email
Link

Purchase Licensing Rights

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.