Thursday 17 June 2021

Kim Jong Un warned that North Korea is running out of food as reports say a bunch of bananas now costs $45

kim jong un
North Korean leader Kim Jong Un speaks at a party meeting in Pyongyang, North Korea, in this undated photo released on June 16, 2021 by state media.
  • North Korea is experiencing food shortages thanks to typhoons and the COVID-19 pandemic.
  • Kim Jong Un said the situation was "tense," state media reported.
  • The country is expected to be 1.35M tons short of food this year, one South Korean think tank said.
  • See more stories on Insider's business page.

Kim Jong Un has warned that North Korea is struggling to maintain food supplies, as reports say prices of everyday goods are skyrocketing.

Speaking at a party meeting Tuesday, Kim said the food situation was "now getting tense" due to grain shortages brought about by typhoons last year, the state-run Korean Central News Agency (KCNA) reported Wednesday, according to Reuters.

Experts have warned over the last month that food was running short in North Korea.

The Seoul-based NK News outlet reported that price spikes had been seen in Pyongyang, the nation's capital, with 1 kilogram (2.2 pounds) of bananas now costing $45.

One kilogram is the weight of approximately even bananas, meaning one banana likely costs just over $6.40 each.

One group of North Korean farmers were asked to contribute two liters of their own urine each day to help produce fertilizer, Radio Free Asia reported last month.

North Korean leader Kim Jong Un at a meeting with senior officials from the Workers' Party of Korea (WPK) Central Committee and Provincial Party Committees in Pyongyang, North Korea, in this undated photo released on June 8, 2021 by North Korea's Korean Central News Agency (KCNA)
Kim meeting with senior officials in Pyongyang in this undated photo released on June 8, 2021 by North Korean state media.

It is rare for Kim to acknowledge food shortage issues, the BBC and The New York Times reported, and, though food shortages are concerning, experts don't believe they will lead to a country-wide famine, The Washington Post reported.

Earlier this month, Tomas Ojea Quintana, the UN special rapporteur on human rights in North Korea, told the UN Security Council that it should consider lifting sanctions on the country, Reuters reported.

Ojea Quintana said the COVID-19 pandemic has caused North Korea "drastic economic hardship," and that North Korean trade with China fell 90% in March and April this year.

The country is expected to be 1.35 million tons short of food this year, the Korea Development Institute, a Seoul-based government-run think tank, said earlier this month, as South Korea's Yonhap News Agency reported.

North Korea needs around 5.75 million tons of food every year to feed its people, the think tank said, per Yonhap.

The shortages, the agency said, are caused by summer typhoons and flooding, as well as a shortage of farming equipment and the COVID-19 pandemic, which saw North Korea close its land borders.

Despite warning of shortages, Kim said North Korea's economy had "shown improvement as a whole," NK News reported.

An analysis of Kim's media appearances, and length of his watch strap, by NK News showed that Kim appears to have lost weight over the last year.

Read the original article on Business Insider


from Business Insider https://ift.tt/3iOi9B6

No comments:

Post a Comment

The Hezbollah pager attacks reveal a textbook covert operation, ex-spies say

Lebanese army explosives experts work on preparing the site to explode a walkie-talkie that they found thrown away a day after several devi...