Present there were deputies to the SPA.

Also attending it as observers were officials of party, armed forces and power organs, public organizations, ministries and national institutions and those in the fields of science, education, culture and arts, public health and media.

The Session discussed the following agenda items:

1. On the work of the DPRK Cabinet in Juche 99 (2010) and its tasks for Juche 100 (2011)

2. On the results of the implementation of the DPRK state budget for Juche 99 (2010) and its state budget for Juche 100 (2011)

3. Organizational matter

Deputy Choe Yong Rim, premier of the DPRK, made a report on the first agenda item.

He said that last year witnessed the signal advance in making the national economy Juche-oriented and the solid foundation for a drastic turn in developing the light industry and agricultural production. Big successes were made in development of science and technology, cultural construction and other fields, he noted.

He referred to the concrete tasks for this year, stressing the need to remarkably increase the production of consumer goods and attain the goal of grain production without fail to bring about decisive turn in improving the standard of people's living. Production should be increased in the economic field as a whole while steadily pushing ahead with the drive to put the national economy on a modern basis, he added.

Deputy Pak Su Gil, vice-premier and minister of Finance, made a report on the second agenda item.

He noted that last year's state budget revenue was overfulfilled 1.3 percent and the state budgetary expenditure was implemented at 99.9 percent. The revenue increased 7.7 percent while the expenditure swelled 8.2 percent over the previous year, he said, adding:

The state budgetary allocations for light industry and agriculture last year showed 10.9 percent and 9.4 percent increase respectively as compared with that in the previous year. The state budgetary expenditure for the pilot domains of the national economy, basic industrial domains and capital construction last year went up 8 percent and 12.9 percent respectively over the previous year.

8.1 percent greater financial disbursement than the previous year was made for the field of science and technology and 6 percent bigger fund than that in the previous year was spent for the implementation of the popular policies.

15.8 percent of the total state budgetary expenditure was spent for national defence last year.

He further said:

This year the state budgetary revenue is expected to grow 7.5 percent over last year's and the state budgetary expenditure is expected to show an 8.9 percent increase over last year. Huge funds will go to the light industry, agriculture, etc. and 15.8 percent of the total state budgetary expenditure will be spent for national defence.

Speakers at the Session pointed out that the Cabinet's work last year and the implementation of the state budget were properly reviewed and summed up. This year's tasks have been clearly laid down and the state budget correctly shaped in such a way as to give full play to the advantages of the socialist system in the DPRK, they said, expressing full support and approval of them.

They also manifested their will to push ahead with the general offensive for bringing about a decisive turn in building a thriving nation by increasing the political and military power of the country in every way and intensifying the drive for great surge for improving the standard of people's living.

The Session adopted with the unanimous approval of deputies the SPA decision "On approving the report on the work of the DPRK Cabinet and the results of the implementation of the DPRK state budget for Juche 99 (2010)" and the DPRK SPA ordinance "On the DPRK state budget for Juche 100 (2011) ".

Then the Session discussed the organizational matter.

Deputy Jon Pyong Ho was recalled from member of the DPRK National Defence Commission due to the transfer to other post and Deputy Pak To Chun was elected to fill the vacancy.

Deputy Ri Myong Su was appointed as minister of People's Security of the DPRK NDC.

Deputy Jang Pyong Gyu was elected chairman of the SPA Legislation Committee to fill the vacancy.

Deputy Ri Thae Nam was relieved of vice-premier of the Cabinet for his health reason.