20:284th Session of 14th SPA of DPRK Held
Pyongyang, January 18 (KCNA) -- The 4th Session of the 14th Supreme People's Assembly (SPA) of the Democratic People's Republic of Korea (DPRK) took place at the Mansudae Assembly Hall on Jan. 17.
Present there were the deputies to the SPA.
Attending it as observers were officials of the Central Committee of the Workers' Party of Korea (WPK), the SPA Presidium, the Cabinet, the armed forces organs, ministries and national institutions, and chief secretaries of the city and county committees of the WPK, chairpersons of the people's committees, chairpersons of the cooperative farm management committees and officials of major industrial establishments.
The platform was taken by Choe Ryong Hae, member of the Presidium of the Political Bureau of the WPK Central Committee, first vice-chairman of the State Affairs Commission (SAC) of the DPRK and president of the Presidium of the SPA, Ri Pyong Chol, member of the Presidium of the Political Bureau of the Central Committee of the WPK, vice-chairman of the Central Military Commission of the WPK and secretary of the WPK Central Committee, and Kim Tok Hun, member of the Presidium of the Political Bureau of the Central Committee of the WPK and premier of the DPRK Cabinet.
Among those on the platform were Pak Thae Song, Ri Il Hwan, Kim Tu Il, Choe Sang Gon, Kim Yong Chol, O Su Yong, Kwon Yong Jin, Kim Jong Gwan, Jong Kyong Thaek, Ri Yong Gil, Pak Thae Dok, Ho Chol Man, Kim Hyong Sik, Pak Myong Sun, Ri Chol Man, Thae Hyong Chol, Kim Yong Hwan, Pak Jong Gun, Yang Sung Ho, Jon Hyon Chol and Ri Son Gwon, and members of the SAC of the DPRK, vice-presidents, secretary general and members of the SPA Presidium and vice-chairpersons of the SPA.
Choe Ryong Hae, president of the SPA Presidium, made an opening address.
The session decided on its agenda items; an organizational matter, on thorough implementation of the five-year plan for national economic development set forth at the 8th WPK Congress and on review of fulfillment of the state budget for Juche 109 (2020) and the state budget for Juche 110 (2021) of the DPRK.
The session discussed the first agenda item.
Cabinet members suggested by Deputy Kim Tok Hun, premier of the Cabinet, upon authorization by the WPK Central Committee, were appointed with the unanimous approval.
The director of the Central Public Prosecutors Office was dismissed and appointed.
Deputy Kim Tok Hun, premier of the Cabinet, took an oath on behalf of the members of the Cabinet.
Deputy Kim Tok Hun made a report on the second agenda item and Deputy Ko Jong Bom, minister of Finance, on the third agenda item.
Speeches were made on the basis of a study of the reports.
Saying that the execution of the state budget for last year was correctly reviewed and the state budget for this year was properly drawn up, the speakers voiced full support and approval.
They seriously analyzed and reviewed shortcomings, causes and experience in the efforts for making remarkable progress in the development of the country's economy and improvement of the people's standard of living in the past. They also suggested realistic and dynamic measures for implementing the new 5-year plan.
Adopted at the session with the unanimous approval were the ordinance of the SPA of the DPRK "On thoroughly implementing the five-year plan for national economic development set forth at the Eighth Congress of the WPK", the decision of the SPA of the DPRK "On approving the execution of the state budget of the DPRK for Juche 109 (2020) " and the ordinance of the SPA of the DPRK "On state budget of the DPRK for Juche 110 (2021)".
President of the SPA Presidium Choe Ryong Hae made a closing address.
Comrade Kim Tok Hun Calls for Implementing Five-year Plan for National Economic Development Set forth at Eighth Congress of WPK
Deputy Kim Tok Hun, premier of the Cabinet of the Democratic People's Republic of Korea (DPRK), made a report at the 4th Session of the 14th Supreme People's Assembly of the DPRK held on Sunday in which he called for thoroughly carrying out the five-year plan for national economic development set forth at the Eighth Congress of the Workers' Party of Korea (WPK).
According to the report, all the people and service personnel of the People's Army who turned out in carrying out the five-year strategy for national economic development true to the decision of the Seventh Congress of the WPK had waged devoted struggle to provide precious assets for continuing the economic development by their own efforts in the past five years, he said, and went on:
Report Made on Fulfillment of State Budget for Last Year and on State Budget for This Year
There was a report by Deputy Ko Jong Bom, minister of Finance, on the results of the fulfillment of the state budget of the DPRK for Juche 109(2020) and on state budget for Juche 110(2021) at the 4th session of the 14th Supreme People's Assembly held on Sunday.
According to the report, the state budget for Juche 109(2020) was successfully implemented.
Last year the state budgetary revenue was over-fulfilled 0.1 percent, a 4.3 percent growth from the previous year.
Local budgetary revenue was over-fulfilled 0.1 percent.
The state budgetary expenditure was implemented at 99.9 percent last year.
45.3 percent of the total expenditure was allocated for the development of the national economy.
The fund needed for stabilizing key fields of the national economy and the standard of people's living was expended at 105.7 percent as against the previous year and this contributed to further strengthening the independence and Juche character of metal and chemical industries, shoring up the fields of electricity, coal, machine, building materials industries and railway transport and developing agricultural and light industrial fields.
9.5 percent more investment was spent in the field of science and technology than the previous year.
19.1 percent of the total expenditure went to the construction field while 36.5 percent of the total expenditure to embodying the popular policies of the Party and the state including public health and education and bringing about the overall development of socialist culture.
15.9 percent of total expenditure was directed to the national defence building.
The report clarified mistakes observed in the implementation of the state budget last year and specified state budget for this year.
The state budgetary revenue is expected to grow 0.9 percent more than that of the previous year out of which the transaction tax and the revenue from the profits of state enterprises, which are main sources of the budgetary revenue, will hold 100.8 percent and 101.1 percent each to account for 83.4 percent of the total revenue.
The revenue from the profits of cooperative enterprises is expected to grow 0.4 percent, depreciation 0.1 percent, revenue from real estate rent 0.0 percent, that from social insurance 0.3 percent, that from sales of assets and price differences 0.1 percent, that from other sources 0.6 percent and that from the special economic zones 0.2 percent.
The central budgetary revenue is to hold 74.2 percent in the state budgetary revenue and as a result the revenue from central economy is to account overwhelming proportion, and provinces, towns and counties are to cover the expenditure with their own revenue and contribute lots of funds to the national budget.
The state budgetary expenditure is to increase 1.1 percent as against the previous year.
0.6 percent more investment has been planned to be made for economic construction as against the previous year.
There will be focused investment in the metal industry and chemical industry and 0.9 percent more funds are to be spent for propping up the production in key industrial fields, agriculture and light industrial fields of the national economy as compared with the previous year.
It is expected that 1.6 percent more investment will be spent in the field of science and technology and the funds necessary for pressing for key projects such as third-stage project of sprucing up Samjiyon City, the construction of oxygen heat blast furnaces in the Kim Chaek Iron and Steel Complex and the Hwanghae Iron and Steel Complex, foundation of C-1 chemical industry, construction of the Tanchon Power Station, construction of dwelling houses for 50 000 families in Pyongyang and the construction of 25 000 dwelling houses in Komdok area are to be financed as planned.
15.9 percent of total expenditure is earmarked for the sustained development of the state defence capabilities.
33.9 percent of total expenditure is to be spent for enforcing the popular policies of the Party and the state so as to increase the one for educational field at 103.5 percent and that for public health at 102.5 percent. The fund for social and cultural work has also increased as against the previous year i.e. 102.7 percent for the field of literature and art and 101.6 percent for sports field.
This year, too, lots of educational aid fund and stipends are to be sent to children of Koreans in Japan so as to keep developing the democratic national education of the General Association of Korean Residents in Japan.
The report said that the correct implementation of the state budget for this year is a responsible and important task facing the officials in providing the financial guarantee for the revolutionary advance of our people for opening up the breakthrough in carrying out the new five-year plan and for effecting a drastic turn in socialist construction.
The report stressed the need to successfully carry out the state budget for this year, true to the important tasks set forth in the 8th Congress of the Workers' Party of Korea so as to provide financial support for the all-people struggle for surely opening up the broad avenue to prosperity in the spirit of self-reliance.
Oath Taken by Premier of Cabinet at 4th Session of 14th SPA
Deputy Kim Tok Hun, premier of the Cabinet of the Democratic People's Republic of Korea (DPRK), swore an oath at the 4th Session of the 14th Supreme People's Assembly of the DPRK on Sunday on behalf of the Cabinet members.
He said that he was entrusted with an important duty as premier of the Cabinet in token of the high political trust of
He went on:
Members of DPRK Cabinet Appointed
The following members of the DPRK Cabinet and the director of the Central Public Prosecutors Office of the DPRK were appointed at the 4th Session of the 14th Supreme People's Assembly of DPRK:
The DPRK Cabinet
Vice-Premier and Chairman of the State Planning Commission Pak Jong Gun, Vice-Premier Jon Hyon Chol, Vice-Premier Kim Song Ryong, Vice-Premier Ri Song Hak, Vice-Premier Pak Hun, Vice-Premier and Minister of Agriculture Ju Chol Gyu, Secretary General of the Cabinet Kim Kum Chol, Minister of Electric Power Industry Kim Yu Il, Minister of Chemical Industry Ma Jong Son, Minister of Railways Jang Chun Song, Minister of Mining Industry Kim Chol Su, Minister of Natural Resources Development Kim Chung Song, Minister of Posts and Telecommunications Ju Yong Il, Minister of Construction and Building-Materials Industry So Jong Jin, Minister of Light Industry Jang Kyong Il, Minister of Finance Ko Jong Bom, Minister of Labor Jin Kum Song, Minister of External Economic Relations Yun Jong Ho, Minister of Urban Management Im Kyong Jae, Minister of Commerce Pak Hyok Chol, Minister of State Construction Control Ri Hyok Gwon, President of
Director of the Central Public Prosecutors Office of the DPRK U Sang Chol
Vice-Premiers of the DPRK Cabinet
Secretary General of the Cabinet and Ministers
Director of the Central Public Prosecutors Office of the DPRK
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