Attending the meeting were members of the Presidium of the Political Bureau and members and alternate members of the Political Bureau of the C.C., WPK.

Also present as observers were vice premiers of the Cabinet.

Upon the authorization by the Political Bureau of the C.C., WPK, the respected Supreme Leader Kim Jong Un chaired the meeting.

The meeting discussed "On the execution of the state budget for Juche 106 (2017) and the state budge for Juche 107 (2018)" to be presented to the Sixth Session of the 13th Supreme People's Assembly of the DPRK.

A report was made by Premier Pak Pong Ju, member of the Presidium of the Political Bureau of the C.C., WPK.

The Political Bureau of the C.C., WPK examined and ratified the state budget compilation for next year and unanimously adopted a decision for presenting it to the Sixth Session of the 13th Supreme People's Assembly.

Then, at the meeting Kim Jong Un made a report on the development of the recent situation on the Korean peninsula.

In his report he referred to the north-south summit and talks to be held at the "House of Peace" in the south side portion of Panmunjom on April 27. He made a profound analysis and appraisal of the orientation of the development of the north-south relations at present and the prospect of the DPRK-U.S. dialogue and set forth the strategic and tactical issues to be maintained by the WPK including the future policy of international relations and the orientation corresponding to them.

Then, he pointed out in detail the recent work of the members of the Political Bureau of the C.C., WPK and stressed the need for them to give fuller play to their responsibility and role as the commanding members of revolution.

He called upon all the fields and units of the state to constantly hold the revolutionary banner of self-reliance, carry out without fail the tasks this year, the third year of carrying out the five-year strategy for national economic development, with all their technological forces and economic potentials and thus make a breakthrough in revitalizing the overall economy.