North Korea held a Supreme People's Assembly consisting of representatives from various places for two days until the 18th, and decided on the budget of this country.
The defense budget is expected to be the same as last year, which gave top priority to defense construction, and emphasized again the stance of continuing to strengthen military power.
North Korea's Korean Workers' Party organ paper "Labour Newspaper" dated 19th announced that the Supreme People's Assembly, consisting of representatives from various regions, was held in the capital Pyongyang for two days until the 18th, and decided on the country's business and budget. I told him I did.
Regarding this year's defense spending, it is expected that 15.9% of the total expenditure will be allocated, just like last year, when defense construction was given top priority. We can deal with any threats and challenges of the forces," he said.
Meanwhile, General Secretary Kim Jong Un was not reported to have attended the meeting.
In his speech at the general meeting of the party held at the end of last month, General Secretary Kim announced that the country will be 75 years old, and will further accelerate the development of nuclear and missiles, including new ICBMs (intercontinental ballistic missiles). The budget was decided according to these policies at this meeting.