The Economic Planning Board (EPB) was created by order of South Korean dictator Park Chung Hee, to implement the goals of the Comprehensive Economic Development Five-Year Plan, drafted by three young economists (Kim Song Bom, 37; Paek Yong Chan, 32; and Chong So Yong, 29).
The Roman Catholic Diocese of Tilarán and the Roman Catholic Diocese of Huehuetenango were erected.