The World - News from April 23, 1987
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North Korea adopted a new seven-year economic plan intended to increase the Communist nation’s industrial output by 10% annually, the official Korean Central News Agency said. The agency quoted Li Gun Mo, head of the Administration Council, as saying that one of the plan’s main tasks is to “lay solid material and technical foundations for the complete victory of socialism.” Li, speaking at the opening of the second session of the Supreme People’s Assembly, North Korea’s Parliament, also predicted a 140% increase in agricultural output from 1987 through 1993 and a 170% boost in national income.
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