|The last photo of North Korean leader Kim Jong Un shared by state media showed him at a meeting of the Political Bureau of the Central Committee of the Workers'' Party of Korea (WPK) on 11 April 2020 (File photo by=KCNA via Reuters)|
[Asia News Communication = Reporter Reakkana] North Korean leader Kim Jong-un held a politburo meeting of the Workers' Party and "harshly criticized" economic agencies for failing to handle policy in a scientific manner, state media reported Monday.
The criticism for tightening discipline of economic officials ahead of a rare party congress that Kim plans to hold in early January for the first time in four years to unveil a new five-year economic development plan. During the extended politburo meeting held Sunday, Kim also "discussed and studied as key agenda items the issue of hearing a report on the preparations for the 8th Congress of the WPK and taking corresponding measures," the Korean Central News Agency said.
The meeting also "harshly criticized economic guidance organs for failing to provide scientific guidance" and "failing to overcome subjectivism and formalism in their work," the KCNA added, though it didn’t provide further details. North Korea suffered from a triple blow during summertime’s back-to-back typhoons, long border closure due to the global coronavirus pandemic, and global sanctions on its economy. South Korea's main intelligence agency said last week that North Korea executed a big shot in the country's money market in late October for a sudden exchange rate fluctuation amid speculation that the country's economic situations are getting worse.