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Kim Jong-un to announce N. Korea's 5-year economic development plan in January 2021 Updated: 2020-08-20 07:27:39 KST

Now to the latest out of North Korea
A major five-year economic development plan will be announced by the regime's leader Kim Jong-un, during the upcoming Workers' Party congress, set for January 2021.
North Korea's state mouthpiece, the Korean Central News Agency, reported this morning that Kim announced the plan on Wednesday during a plenary meeting of the party's Central Committee.
The Workers' Party also admitted the regime's planned economic projects are falling behind due to intense internal and external circumstances.
As a result, it said it had failed to clearly improve the livelihoods of the North Korean people.
With the congress coming shortly after the U.S. presidential election in November, eyes are on to see how Pyeongyang would roll out its diplomacy with Washington going forward.
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