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North Korean leader Kim Jong Un has acknowledged the dire state of his country’s economy and called for immediate action. Speaking at a two-day party meeting, Kim described the economic problem as a “serious political issue” and cited the government’s inability to provide basic necessities to the local people. The economy has been facing challenges due to climate change, the aftermath of COVID-19, and international sanctions. North Korea’s GDP contracted for the third consecutive year in 2022, and agricultural production also declined. Kim scolded party officials for not actively seeking solutions and urged improvements in the economic situation.

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