Chinasa: A recent report from the Federal Economic Statistics Bureau (FESB) has concluded that the North Dovanian economy continues in a upward trend and is quickly becoming one of the fastest growing on Terra. The report, detailing the sectors that are growing to analyzing what can improve, confirmed that the North Dovanian economy currently grows at a rate of 5.9% a year, making it the second fastest growing economy in Dovani and one of the fastest growing in Terra. Inflation sits at 4.8%, slightly higher then two years ago, while unemployment has dropped to 5.86%, a massive decrease from the 11% just 7 years ago at the beginning of the Ikem administration. The growth and modernization of the North Dovanian economy is largely attributed to the manufacturing sector, the energy sector and, primarily in Jeonhae Region, the Finance sector. North Dovanian exports have risen from 20 billion 7 years ago to over 131 billion last year, with a strong increase in the export of manufactured goods and energy products. The report further states that both regional and federal investment into infrastructure has also helped the economy in its growth trajectory and that further investment in this field could significantly aid the economy in further increasing its exports. The Ikem Administration its mixed-economic approached has both helped and hurt the efforts in growing the North Dovanian economy, with a "excess in government regulation" being a potential danger to future growth according to the FESB.
One notable change in the North Dovanian economy is the share of the private market on the GDP, with private enterprise and consumption now making up nearly 34% of the GDP, up from 21% just 4 years ago. The FESB, despite being a-political, has also compared the electoral promises of different parties and how they would affect the overall economy. Out of this comparison the Socialist Party its platform would mean slower growth and more regulatory changes but would also mean steadier growth and a happier working population. Both the programs of the DND and ALD would significantly increase growth and overall wealth in the country but would mean a bigger potential for high inflation and a higher inequality between workers. Under all the programs the North Dovanian economy would continue in a upward trend without major recessions, scheduled to become the fastest growing Dovanian economy in just 2 years time.
The largest factor to the North Dovanian economic success so far however has been the political and economic stability, according to the FESB. With no significant changes in government and relatively steady economic policy in the last 7 years the economy and private bussinesses have been allowed to grow and modernize in a steadier environment then they have had in over 100 years, making a significant contribution to the performance of the ND economy. The full report has been delivered to the Congress of Deputies to be used in future debates on economic matters.