Choe succeeded
Kim Yong-il as premier during a second
parliamentary session in 2010. It was speculated that Kim was ousted partly because of the
failed currency reforms, which took place in early 2010. According to the South Korean newspaper
The Chosun Ilbo, he reportedly apologized publicly for the mishaps before stepping down. Kim's departure and Choe's elevation coincided with the dismissal of various other ministers in the cabinet who were ostensibly blamed for the failed reforms. The event was seen by analysts as achieving two purposes: settling public outcry over the currency valuation fiasco and engineering a political climate more favourable towards the succession of
Kim Jong Un, the supreme leader's youngest son. At the 7th Session of the 12th SPA on 1 April 2013, Choe was replaced as
Premier of North Korea by
Pak Pong-ju, as the assembly moved to the new strategy of building the economy and military simultaneously. Choe was given the title of honorary vice-president of the SPA Presidium, with
Kim Yong-nam maintained as his supervisor in the President's role of the SPA until the retirement of both in April 2019. ==Notes==