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N. Korea sets economic goals to be achieved by Feb. 2002.

SEOUL, Oct. 30 Kyodo North Korea has decided on a set of economic goals to be achieved by February 2002, when top leader Kim Jong Il turns 60, South Korea's Naewoe Press reported Friday.

The government newspaper Minju Joson, however, did not elaborate on the goals to be achieved, the report said.

Naewoe Press quoted Minju Joson, dated Oct. 17, as saying the country's cabinet, inaugurated in September, decided to achieve by 2002 the economic goals presented by Kim's father, Kim Il Sung, in a speech in May 1990. Kim Il Sung died in July 1994.

The government paper was quoted as saying that the cabinet ''pointed out clear goals that must by achieved over several years,'' until Kim Jong Il's 60th birthday Feb. 16, 2002, which is to be regarded as ''the most felicitous event'' for North Korean people.

The cabinet decision incorporated goals to be achieved in a wide range of industries such as coal, electricity, railway transportation, machinery, construction and forestry, the report said.
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Publication:Asian Economic News
Date:Nov 2, 1998
Words:167
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