DPRK cabinet holds meeting on economy

The cabinet of the Democratic People's Republic of Korea (DPRK) recently held a meeting to assess the economic situation over the past six months and discuss major tasks for the third quarter, cabinet newspaper Minju Joson reported Saturday.

It was the first meeting of its kind since a cabinet reshuffle in June, and was attended by Premier of the Cabinet Choe Yong Rim, said the report.

During the first half of 2010, the DPRK's gross industrial output value grew by 11 percent year-on-year, it said.

Priority of the third quarter will be placed on key economic sectors such as electricity, coal and metallurgical industries as well as railway transport, the report said, adding that agriculture and light industry will also be given due emphasis.