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« Last post by StelarCF on 15 May, 2017, 10:41:43 am »
Economics report, 1921
Currently, Crown Projects include
* A grant for research into the field of antibiotics, to allow for improved healthcare
Additionally, known large civilian projects include
* A new, large bank in Kurto, which is predicted to benefit the local economy as currency and cheap loans become available
* A new university in Shirki to take advantage of the scientific network the crown is preparing
* Two regional hospitals, in Sarine and Ira respectively
Thus the current large-capital spending of the nation can be resumed thusly:
0.6% Capital Accumulation (both Crown and People)
23.5% Military Spending
9.7% Crown Projects
66.2% Popular Projects
In total, around 33.2% of large-capital spending is done by the Crown
The median taxation rate is currently 6.64% and the proportion of large capital spending in the economy is predicted to be around 10%
Finally, the Kingdom is predicted to use around 2.47% of its economy towards military spending.
Economics report, 1922
Currently, Crown Projects include
* A grant for research into new military arms, including the promising development of self-loading rifles, integrated into the military budget at the behest of the army
Additionally, known large civilian projects include
* A joint industrial effort to standardize many usual parts and the tolerances therein in order to allow for easily replaceable parts
* An aggregate of two large energy companies and the University of Sobanu to further develop the science of electricity, with the purpose being to allow for what they term "power grids" to be installed, allowing the whole nation to be powered by electricity.
* Two regional banks, in Rysan and Ira respectively
Thus the current large-capital spending of the nation can be resumed thusly:
2.3% Capital Accumulation (both Crown and People)
41.5% Military Spending
0.0% Crown Projects (all spending this year has been concentrated on the army)
56.2% Popular Projects
In total, around 41.5% of large-capital spending is done by the Crown
The median taxation rate is currently 8.3% and the proportion of large capital spending in the economy is predicted to be around 10%
Finally, the Kingdom is predicted to use around 8.3% of its economy towards military spending.