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DPRK has significantly boosted its economy and made Kim’s regime stronger as a result of delivering military equipment to the Russian Federation.
This was reported by Bloomberg.
“North Korea’s economy roared back to life as arms transfers with Russia provided support for Kim Jong Un’s regime, allowing the leader to shun diplomacy as he ramped up his threats against the US and South Korea,” reads the article.
According to the media, citing South Korea’s central bank, North Korea’s GDP increased by 3.1% in 2023 compared to 2022, This is the biggest growth since 2016.
A report provided by the bank doesn’t provide detailed information on which industries contributed to arms manufacturing, but shows an increase in the production of primary metals such as iron, steel, copper, nickel and aluminum.
In June, The Washington Post estimated that North Korea had delivered approximately 1,6 million artillery shells to Russia via ports in a year.
Read also: 1,6 million artillery shells: North Korea’s contribution to Russia’s war estimated
