World Economy

N. Korea to Strive for Growth

N. Korea to Strive for GrowthN. Korea to Strive for Growth

North Korean leader Kim Jong-un has laid out a five-year strategy for economic growth, stressing the need to improve the people’s livelihood and ease an electric power shortage, the country’s state media said Sunday, KCNA reported. The North’s leader did not spell out detailed plans to prop up the country’s moribund economy, but emphasized efforts to log sustainable economic growth in the face of tougher UN sanctions over its latest nuclear and missile tests. “It is imperative to carry through the five-year strategy for the state economic development from 2016 to 2020,” Kim was quoted as saying.