S. Pyongan Province slaps fines on “illegal” small businesses
North Korean authorities in South Pyongan Province have recently begun levying fines on small businesses that they claim have not registered with the government, causing deep concern among many small business owners, Daily NK has learned.
The move appears to stem from North Korean leader Kim Jong Un’s instructions at a year-end meeting of the country’s Central Committee of the Workers’ Party of Korea (WPK) to put the economic system “in order.”
“The authorities are investigating individuals who are running unregistered businesses or engaging in business activities unrelated to the industry in which they’re registered,” a South Pyongan Province source told Daily NK on Dec. 8.
“The government believes they have made illicit profits and are levying fines on them,” he added. ......