How Much Money Does North Korea Spend On Their Military

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How Much Money Does North Korea Spend On Their Military – 1/3 In this Jan. 17-18, 2023 photo taken by the North Korean government, the North Korean parliament is held in Pyongyang, North Korea on Saturday, Dec. 31, 2022. Independent journalists were not granted access to the event shown in the image distributed by the North Korean government. The content of the image is as stated and cannot be independently verified. The source-provided Korean watermark on the image reads: “KCNA”, which stands for the Korean Central News Agency. (Korea Central News Agency/Korea News Service via AP)1 / 3 In this Jan. 17-18, 2023 photo taken by the North Korean government, the North Korean parliament is held in Pyongyang, North Korea from Dec. 31- me on saturday , 2022. Independent journalists were not given access to the event shown in the image distributed by the North Korean government. The content of the image is as stated and cannot be independently verified. The source-provided Korean watermark on the image reads: “KCNA”, which stands for the Korean Central News Agency. (Korea Central News Agency/Korea News Service via AP)

SEOUL, South Korea (AP) — North Korea’s parliament has passed a budget that keeps defense spending high despite the country’s economic woes as leader Kim Jong-un pushes for an aggressive expansion of his nuclear arsenal.

How Much Money Does North Korea Spend On Their Military

According to state media reports, Kim did not attend the two-day session of the Supreme People’s Assembly that ended on Wednesday. Pyongyang’s official Korean Central News Agency did not mention any remarks by assembly members about the United States or South Korea in its Thursday report on the meetings.

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The assembly was convened weeks after Kim called for an “exponential increase” in nuclear warheads, the mass production of battlefield tactical nuclear weapons aimed at “enemy” South Korea, and the development of more advanced intercontinental ballistic missiles capable of reaching the US mainland.

His remarks at a major policy conference in December underscored the escalating nuclear standoff with the United States and its Asian allies after North Korea ramped up its weapons tests to a record pace in 2022.

The North launched more than 70 missiles last year, including several ICBMs, and carried out a series of tests it described as simulated nuclear attacks against South Korean and US targets.

Analysts say Kim’s aggressive weapons buildup and escalating nuclear doctrine are aimed at forcing the United States to accept the idea of ​​a nuclear North Korea and gain leverage in negotiations for economic and security concessions.

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KCNA reported that members of the General Assembly planned a 1.7% increase in total state spending this year, but did not mention the actual size of the budget.

The members of the General Assembly allocated 15.9% of this year’s national budget to defense spending, the same proportion as last year, to “further strengthen the quality and quantity of war deterrence” and “to protect the dignity and security of the country, the people,” KCNA said.

It is difficult to assess how much money North Korea would spend on its military capabilities, given the poor quality of the limited statistics it reports.

According to the US State Department’s 2021 World Military Expenditure and Arms Transfers Report, North Korea spent about $4 billion on defense in 2019, which would have been 26% of its estimated gross domestic product, the highest rate among the 170 countries surveyed. of countries.

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North Korea’s weapons development is driven by a Soviet-style party-military complex, where the ruling party leadership surrounding Kim has complete control over defense industries and faces few constraints on focusing national resources on weapons capacity, experts say.

KCNA’s report on the assembly meetings indicated that North Korea is struggling to revive a moribund economy battered by mismanagement, US-led sanctions over Kim’s nuclear ambitions and border closures linked to COVID-19.

Finance Minister Ko Jong Bom complained about unspecified gaps in increasing tax revenue from state-owned enterprises. He urged the economic workers to strengthen their “ideological determination” and put the broader national interests before the interests of their own units, KCNA said.

Ko said this year’s budget must be “implemented without error” to financially support efforts to strengthen the country’s defense capabilities and economy. He said 45% of this year’s budget will be spent on a huge umbrella category aimed at “developing the economy and improving people’s living standards”.

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North Korean officials have described 2023 as a crucial year for achieving economic goals set out in Kim’s five-year development plan through 2025.

Progress has been significantly slowed by the pandemic, which has forced North Korea to protect its poor health care system with strict border controls that have cut trade with China, its main ally and economic lifeline, and decimated domestic industrial production, which relies heavily on imported materials.

At the policy conference in December, members of the ruling party defined the key economic projects for 2023, highlighting construction and agricultural activities that are less dependent on trade.

Members of the assembly also passed a new law aimed at protecting the “cultured” dialect characteristic of the capital’s Pyongyang region, apparently to curb South Korean and foreign cultural influences.

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There has also been talk of strengthening the Central Procuratorate’s surveillance activities to create a “revolutionary law-abiding spirit” that reflects the Kim government’s determination to exercise control over the people in the face of deepening economic challenges.

Kim last appeared at the General Assembly in September, when he declared that his country would never give up nuclear weapons, which he clearly sees as the strongest guarantee of survival. The General Assembly has passed legislation authorizing pre-emptive nuclear strikes in a variety of scenarios in which its leadership is threatened, including conventional skirmishes or conflicts that would not necessarily amount to war.

Alarmed by the growing nuclear threat from North Korea, South Korea and Japan are scrambling to strengthen their defenses in line with their alliance with the United States.

South Korean President Yoon Suk Yeol said in an interview with The Associated Press last week that his government had discussed joint military planning with the Biden administration regarding the potential involvement of US nuclear assets.

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The allies plan to hold a tabletop exercise next month to sharpen their response in case North Korea uses nuclear weapons. Yoon’s administration also said it would urge Washington to deploy strategic military assets near the Korean Peninsula more frequently.

In December, Japan made a major break with its post-World War II principle of strict self-defense, adopting a new national security strategy that includes acquiring pre-emptive strike capabilities and cruise missiles to counter growing threats from North Korea and China. and Russia. North Korea has a command (centralized) economy. The state controls all means of production, and the government determines priorities and emphasis in economic development. Economic policy has been announced since 1954 by a series of national economic plans. Early plans prioritized post-war reconstruction and the development of heavy industry, especially chemicals and metals. Later plans focused on resource exploitation and the development of technology, mechanization and infrastructure. Little attention was paid to agriculture until the 1970s, and it was not until the late 1980s that major efforts were made to improve the quality and quantity of consumer goods.

Reliable information on the performance of the North Korean economy was generally lacking. Outside observers concluded that the country had consistently failed to meet its targets and that production statistics published by the government were often inflated. Thus, although North Korea made serious efforts in the post-Korean War years to transform a fundamentally agrarian economy into one focused on modern industry, it is generally believed that the country was only partially successful.

). The country avoided foreign investment, although it accepted significant economic aid from the Soviet Union and its Eastern European countries, as well as China. Despite its stated policy of self-sufficiency, North Korea has regularly found it necessary to import essential goods such as fuel and machinery, as well as grain.

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By the early 1990s, North Korea was experiencing severe economic difficulties. The Soviet Union collapsed and the communist regimes of its Eastern European allies fell, depriving North Korea of ​​most of its trading partners and much of its former aid. China reduced but did not cut off material supplies to North Korea, but in 1992 began demanding cash payments instead of aid or credit bills. In addition, in the mid-1990s, the country was hit by several natural disasters, including floods and droughts. There was a severe grain and food shortage, and starvation and malnutrition spread throughout the country.

The situation improved somewhat by the end of the decade due to the influx of international food aid. In July 2002, the government announced new policies to address the huge gap between the official economy and the so-called “real people’s economy” (i.e. the black market), which was in the throes of inflation. But the measures only served as a temporary stop; In the first decade of the 20th century, the most important priority of the government remained the solution of the “food problem”.

In addition to North Korea’s acceptance of foreign aid in the 1990s, its poor economic situation

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