Thursday, 3 June 2021

DPRK's History of Self-reliance (12)

Pyongyang, June 3 (KCNA) -- In the DPRK, the three-year national economic plan (1954-1956) was enforced on the debris of war. It was the first long-term plan for effecting the industrialization of the country.

Its main task was to restore the economy destroyed by the war (June 25, 1950-July 27, 1953) and put the production of all sectors on the same level before the war so as to provide a condition for carrying out the industrialization of the country.

President Kim Il Sung set forth concrete tasks and ways for implementing the plan at the plenary meeting of the Central Committee of the Workers' Party of Korea held late in March Juche 43 (1954) and sectional meetings of national economy and plenary meetings of the Cabinet.

The people of the DPRK unanimously supported the main line for the postwar economic construction advanced by the President and turned out as one to hasten the reconstruction by their own efforts.

In the period of implementing the plan, more than 360 industrial establishments were restored or newly built and the aftereffects of the war were healed in the main. And the gross industrial output value went up 42 percent on an average every year.

Thanks to the immense enthusiasm of all the people, the three-year national economic plan was carried out in two years and eight months.

In 1956, the gross industrial output value of state-run and cooperative organizations exceeded the level of 1949 1.8 times and the total grain output increased 8.2 percent over that of 1949.

The successful implementation of the plan laid a more solid foundation for building a self-supporting national economy and brought about a turn in the people's material and cultural life.

The DPRK people demonstrated the stamina of heroic Korea once again by carrying out the postwar reconstruction in a short span of time by their own efforts. -0-

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