Dolgavian Economy Booms - Military Grows November 3rd 4693
The year 4693 was for Dolgavian investors a year that has finally come at last. The Aikums Stock Exchange has risen to record highs, unemployment and crime rates are dropping and new businesses, private firms and projects are springing up in every province. How did this happen. Today the Pree Press Lists the 3 Reasons why the Dolgavian Economy is Growing Faster then it ever has.
1. Deregulation:The Prime Minister and the congress passed a sweeping de-regulation legislation that opened private business to thrive. This included disbanding the Dolgavian National Bank, making airports completely private and giving access to the nations power grid for private companies. So far this year the power grid is becoming more and more modernized because of Dolgavian companies such as DP Power, Electrofusion and Wolfgang Bros. LLC. Their stocks have gone up by 500%. This has been the same with banks as the LCL Bankgruppe, Hodari Landesbank and Aikums Pilsētas Sols have taken the banking industry by storm and have also grown as the government took a step back. These deregulations stabilized the Dolgavian economy and grew the economy greatly
2. The Gold StandardThe Dolgavas Federālā Rezerve (Dolgovia Federal Reserve) annouced with the Prime Minister that the Dolgvian Dalderis (DND) would be pegged by the standard of 400 Dalderis for one ounce of gold. The bill even without being formally signed stablized the economy even further so that hyperinflation could not occur. Investors and stocks reacted positively to this as they rallied finishing thousands of points every day.
The Prime Minister doing his twice weekly press conference to reports after officially announcing the Gold Standard Act
3. Dorvik InfluenceKönigreich Dorvik and their foreign minister Jannick Waldd came to Dolgavia in July to help the Dolgavian economy and military get off the ground. Dorvik started utilizing the Dorvish Devolpment Bank in Aikums to assist Dolgavia in projects. So far plans to improve the Konigbahn to Dorvik standerds have been planned and the overhaul and rebuilding of 6 major hydroelectric dams in Dolgavia. The Wasse Dam on the Wasse River will be expanded and will have 2 more power houses added on. Dorvik is assisting businesses and local officials to expand infrastructure and business in Dolgavia. Also the Dolgavian Government got billions of DNDs in Grants to overhaul the Dolgavian Armed Forces and private firms are already working on creating a new state of the art naval base with dry docks and ship building facilities in Dolgavia.
Also a new class of fighter jet shall be in the works as the Dolgavia looks to expand its military presence. The Dorvish will be training and teaching all Dolgavian officers and the Dolgavian Armed Forces is creating a new officer training school in Dolgavia. The Dorvish are looking to help the Dolgavian government and business rebound after the bloody civil war and the contribution is helping Dolgavia greatly.
The land where the New Konig Heinrich Naval Base shall be an estimated 10-15 year project estimating around 1.5 billion DNDs will be built.