Pyongyang,
April 16 (KCNA) -- The National Reunification Institute issued a white paper
Saturday to denounce the Park Geun Hye group of traitors for turning south
Korea into the world's worst veritable hell.
The
white paper cited facts to prove the south Korean economy faced worst crisis,
its people is mired in dire destitution, big disasters occur in an unbroken
chain and all kinds of crimes, corruption and irregularities are prevalent in
south Korea.
The
document said Park Geun Hye pushed the south Korean economy into the worst
catastrophic phase, far from achieving "economic prosperity" which
she trumpeted about so loudly.
It
continued:
Due to
the conclusion of the humiliating "Free Trade Agreement" 83 percent
of trade items of south Korea were nudged out of competition and more than 50
percent of export-oriented businesses are suffering losses. The reeling
economies in the neighboring countries caused the export volume of south Korea,
a key factor which keeps its economy afloat, undergo a continued dwindling. It
showed 12.2 percent cut-down in February this year as against the same month
last year.
The
yearly average economic growth rate for the past three years of Park Geun Hye
in office failed to reach two thirds of that during the years of Kim Dae Jung
and Roh Moo Hyun, far less than that during the Lee Myung Bak regime.
Big
businesses which faced bankruptcy later last year number 54, 37 percent
increase from 2012, and the number of big businesses which are not able to pay
interests with their own business profits stands at 567. More than 2 000 minor
businesses producing export goods went bankrupt en masse which splashed to the
overall manufacturing field, leading to the shutdown of over 90 000 minor
businesses.
At
present the number of jobless people stands at over 4.5 million or 23.3 percent
increase from that three years ago, and the number of underemployed hits 10
million. The jobless rate of young people, in particular, hits the record high
of 12.5 percent.
The
total amount of debts of south Korea runs into astronomical figures, the amount
its population has to pay for several years without any consumption.
The
shutdown of the Kaesong Industrial Zone put over 6 000 businesses on the verge
of bankruptcy and left 124 000 workers unemployed overnight.
The
action taken by south Korea to scuttle the north-south economic cooperation
reportedly brought direct or indirect losses worth tens of billions of USD to
south Korea.
During
Park Geun Hye's three years of office the south Korean people have been driven
into
the slough of poverty.
The
absolute paupers in south Korea now number over 5.7 million and there are
millions of people who are unable to get rid of poverty no matter how hard they
work.
The gap
between the rich and the poor in income has become 12 times wide though it was
8.8 times ten years ago and a handful of the rich holds 45 percent of total
income, making south Korea the worst region in Asia in terms of inequality.
Since
Park Geun Hye's assumption of office the whole land of south Korea has been
torn with huge disasters and accidents, causing uneasiness and horror among the
people.
A
typical example is the sinking of ferry Sewol in April 2014 that shocked the
world.
Last
year alone 2 740 cases of ship-related accidents occurred, which is twice as
many as that in 2012, leaving 112 dead or missing.
In less
than one year and a half since Park took office, more than 50 big accidents of
various kinds occurred.
Today
south Korea tops the world's list of traffic accidents.
The
number of workers who suffered due to industrial disaster in 2014 numbered over
240 on a daily average, over 90 000 in total in a year.
All
kinds of crimes, corruptions and irregularities have become endemic in south
Korea.
Since
Park's coming to power, the number of crimes of various kinds was recorded over
6 000 on a daily basis and over 2 million on a yearly basis.
The
size of illegal economy relying on prostitution, gambling and drug-trafficking
has snowballed to reach 390 billion USD or 26 percent increase from 2012.
The
yearly number of those committing suicide is over 15 000, making south Korea
top the world list.
The
Park Geun Hye group which reduced south Korea into the veritable hell and
decadence- infested cesspool is still talking about "human rights" of
someone and trumpeting about "economic growth with emphasis on job
creation" and "building happy and lively society". But this is
the height of impudence and hypocrisy, the white paper stressed.
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