NK failed to meet previous five-year economic goals due to investment in ineffective industries: expert
Feb 24, 2021
North Korea failed to meet its previous five-year economic goals due to its dependence on heavy industries amid crippling sanctions, a researcher at a state-run think tank said Wednesday. Kim Seok-jin, a researcher at the state-run Korea Institute for National Unification (KINU), cited the North's investment strategies in rebuilding the heavy industries and the following chronic power shortage as the main reasons for its failure in achieving the five-year economic goal. In 2016, North Korea pu