Re: Aldegar
Posted: Tue Feb 20, 2024 6:16 pm
Parisa announcing the massive relocation of funds to TTC and social programs
Massive relocation of funds to TTC with massive tax breaks, Supreme court officially created alongside signs of economic growth: slowly but steadily
Ramsāhreza, Aldegar. Following the adoption of both the RICHES plan and the BAA, two major economic bundle of laws and projects aimed at massively reforming the Aldegarian economy to drive economic boost within it, it has seemed that some aspects are finally rippling over as the Ministry of Finance has announced a massive restructuring of the annual budget that will effectively slash the budget of the military in half while said funds will be relocated to the development of Twilight Tides Corporation, formally known as the Aldegar Canal Company, alongside a massive tax break to any company, foreign or national, "willing to help drive Aldegar's economy forward" if said companies are successful enough, the Ministry of Finance announced they will get a number of seats at the Aldegarian Corporate Council but the number of seats will be determined through the annual growth of companies with some loosing or gaining seats. The CEO of Twilight Tides Corporation, Yasaman Sadeghi, has announced that her company will undergo a deep restoration of its fleet alongside establishing shipping lines connecting the mainland with the Somasi island alongside a total restructuring of its leadership executive board of directors under the supervision of the Ministry of Finance to ensure the most efficient way of generating profit. In addition, the Aldegarian judicial system underwent reforms too as the Supreme Court was finally reinstated but with its powers devolved to regional and municipal courts as now the court will be also be able to handle economic disputes that were previously banned during the reign of the previous administration. Furthermore, the Aldegarian Central Bank governor Keykavous Faghih has reported "some aspects of economic growth" happening in Aldegar with its main cause being the total reopening of the Canal coupled with the recent massive radical reforms have led to the creation of thousands of small sized companies that are currently filling the market with new innovative products. Finally, the future looks bright for Aldegar but will it able to pick up with the rest of the world in terms of its economy, or will it crash right down?