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Weapons of Mass Destruction (WMD)

Improvement of Economic Management System Called for

Korean Central News Agency of DPRK via Korea News Service (KNS)

    Pyongyang, March 5 (KCNA) -- It would be possible to dynamically push forward the building of a great prosperous powerful socialist nation only when an original economic management system suitable to the developing reality and the specific conditions of the country is established and full play is given to its vitality, says Rodong Sinmun Saturday in a signed article. A steady improvement and perfection of the economic management system would provide a sure guarantee for correct guidance and management of the socialist economy, the article notes, and goes on:
    This would also provide an important guarantee for overcoming the present difficulties and stepping up the socialist economic construction as fast as possible.
    Economic guidance and management organs at all levels and officials there can fulfill high responsibility and display creativity as befitting their positions to dynamically step up the economic construction even under such difficult situation as now only when tasks, mandates and responsibilities are properly devolved upon central and local organs and enterprises.
    What is important for improving the economic guidance and management to suit the nature of socialist society is to strictly observe the principle of attaching importance to profitability.
    It is necessary to steadily improve the economic management, while putting main emphasis on encouraging economic officials at all levels to conduct guidance and management assiduously in order to gain as much profits as possible in production and construction with least expenditure not only in the nationwide fields but in individual domains, regions or units.
    It is also important for improving the economic management to strictly abide by the principle of letting the state economic organs give economic technological guidance under the political stewardship of the party.
    It is an important socialist principle to be abided by in improving the economic management of the country to correctly combine the unified guidance of the state with the creative initiative at each unit.
    The economic management system in the socialist society should be improved and perfected on the principle of properly blending political and moral incentive with material one, the article stresses.

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