There is something everyone should do uninterruptedly with patriotic mind today when dynamic efforts are being made everywhere across the country to implement the decisions of the Eleventh Plenary Meeting of the Eighth Central Committee of the Workers’ Party of Korea.
It is just to practise economy.
Economy is one of important policy-oriented requirements constantly emphasized by our Party.
We should make the most of all reserves, possibilities and potentialities in order to realize our dreams and ideals in our own style and by our own efforts, while overcoming manifold challenges and difficulties. To this end, we should promote economy.
Just like filling a bottomless vessel, even though we produce a large quantity of goods, we will be unable to prevent waste and loss, if we do not practise economy.
That is why economy is just increased production.
We will be able to produce larger quantities of goods with the existing equipment and labour, if we tap every internal reserve and production potentiality of the national economy by intensifying economy.
The officials of all sectors and units of the national economy should organize economic work scrupulously from the stage of design on the principle of making the maximum profits with the minimum expenditure and arrange and conduct socialist emulation drives in a methodological way for improving such economic indexes as labour productivity, the per-unit costs of products and the quality of products and constructions.
Economy is not merely a technical matter but a patriotic undertaking to increase the wealth of the country and provide the people with an affluent and civilized life.
As the saying goes, “Who still takes out and puts not in will quickly find a bottom.” Our natural resources, however abundant they may be, will be exhausted if we use them wastefully, instead of economizing on them as much as possible and protecting and effectively using them.
When everyone endeavours to find out and make effective use of even one more reserve of economy, the waste of precious resources of the country will be prevented, production will increase and our people will benefit as much.
Economy is also a manifestation of the noble outlook on the rising generations. To economize for the future is an attitude of genuine patriots.
Now our Party wages grand campaigns for creation, including the one for carrying on the great golden age of construction, in order to provide younger generations with even one more wonderful thing.
When everyone turns out in the economy campaign with patriotic mind, the wealth of the country will increase and socialist economic construction will progress more successfully.
O Song Chol, department chief of the Academy of Social Sciences
More From Pyongyang Times
Russian President Vladimir Putin emphasized the need to treasure and preserve historical memory in a recent congratulatory message
May 07, 2025
Russian President Vladimir Putin emphasized the need to treasure and preserve historical memory in a recent congratulatory message
The 22nd May 21 Architectural Festival will start at the Sci-Tech Complex in Pyongyang on May 13. The festival, which will be held
May 07, 2025
The 22nd May 21 Architectural Festival will start at the Sci-Tech Complex in Pyongyang on May 13. The festival, which will be held
The Mozambican President called for working hard to prevent the spread of malaria in a speech made on the occasion of World
May 06, 2025
The Mozambican President called for working hard to prevent the spread of malaria in a speech made on the occasion of World
Among more than 300 young people in North Hamgyong Province who volunteered to work at major sites of socialist construction in
May 06, 2025
Among more than 300 young people in North Hamgyong Province who volunteered to work at major sites of socialist construction in
Fishery units in Kangwon Province are building up their material and technical foundations. The Songdowon Fishery Station is
May 06, 2025
Fishery units in Kangwon Province are building up their material and technical foundations. The Songdowon Fishery Station is
The 12th Sports Contest of the Public Health Sector opened with due ceremony at the Taekwon-Do Palace in Pyongyang on May 2. Such
May 05, 2025
The 12th Sports Contest of the Public Health Sector opened with due ceremony at the Taekwon-Do Palace in Pyongyang on May 2. Such
A schoolchildren's art troupe of the Mangyongdae Schoolchildren's Palace led by Kim Song Il, vice-chairman of the Central
May 05, 2025
A schoolchildren's art troupe of the Mangyongdae Schoolchildren's Palace led by Kim Song Il, vice-chairman of the Central
The delegation of the Korean People's Army led by Pak Yong Il, vice-director of the General Political Bureau of the KPA, returned
May 05, 2025
The delegation of the Korean People's Army led by Pak Yong Il, vice-director of the General Political Bureau of the KPA, returned
An Iranian Foreign Ministry spokesman censured the US for applying new sanctions on May 1. As to the fact that the US
May 05, 2025
An Iranian Foreign Ministry spokesman censured the US for applying new sanctions on May 1. As to the fact that the US
More than 50 housewives in Kanggye of Jagang Province volunteered to work at worksites for socialist construction last January.
May 05, 2025
More than 50 housewives in Kanggye of Jagang Province volunteered to work at worksites for socialist construction last January.
Iran punished on April 30 a spy for committing anti-national crimes, bribed by Mossad, Israel’s intelligence service.The spy was f
May 05, 2025
Iran punished on April 30 a spy for committing anti-national crimes, bribed by Mossad, Israel’s intelligence service.The spy was f
Sergei Shoigu, secretary of the Security Council of the Russian Federation, opposed the military presence of the West in Ukraine i
May 05, 2025
Sergei Shoigu, secretary of the Security Council of the Russian Federation, opposed the military presence of the West in Ukraine i
Kim Jong Un, general secretary of the Workers’ Party of Korea and president of the State Affairs of the Democratic People’s
May 04, 2025
Kim Jong Un, general secretary of the Workers’ Party of Korea and president of the State Affairs of the Democratic People’s
The DPRK significantly celebrated May Day, the international holiday of the working people of the whole world. The country was
May 04, 2025
The DPRK significantly celebrated May Day, the international holiday of the working people of the whole world. The country was
In Japan where suicide is a social trend, another social evil has become rampant. It is called “isolated death” or “lonely death”.
May 04, 2025
In Japan where suicide is a social trend, another social evil has become rampant. It is called “isolated death” or “lonely death”.
A spokesman for the Iranian Foreign Ministry on April 28 strongly censured the US for its murderous air raid on Yemen in his state
May 04, 2025
A spokesman for the Iranian Foreign Ministry on April 28 strongly censured the US for its murderous air raid on Yemen in his state
Officials and members of the Socialist Women’s Union of Korea held a dance party in the plaza in front of the Arch of Triumph in P
May 03, 2025
Officials and members of the Socialist Women’s Union of Korea held a dance party in the plaza in front of the Arch of Triumph in P
DPRK artistic gymnast Jo Kyong Byol finished runner-up in the women's vaulting horse and balance beam at the 2025 FIG Artistic
May 03, 2025
DPRK artistic gymnast Jo Kyong Byol finished runner-up in the women's vaulting horse and balance beam at the 2025 FIG Artistic
The 2025 Kalmaegi (sea gull) Cup canoeing competition was held from April 23 to May 1 on the Taedong River in Pyongyang. The
May 03, 2025
The 2025 Kalmaegi (sea gull) Cup canoeing competition was held from April 23 to May 1 on the Taedong River in Pyongyang. The
On May Day, senior officials of the Workers’ Party of Korea and the government visited industrial establishments across the
May 03, 2025
On May Day, senior officials of the Workers’ Party of Korea and the government visited industrial establishments across the
More Articles