PREMIER HOPES YINGDALA WILL BRING A BANK TO KANJOR
Office of the Premier, October 16, 5022: Asked by CLAIRON PICARD whether the government really wanted a bank from Yingdala to set up operations in Royaume-Uni de Kanjor and if so why, Premier Michel DuPlessis responded:
We absolutely do. During the Official State Visit to Kanjor by Yingdala, we discussed investment in Kanjor with President Wu, Premier Yong and Jade Route Fund Chairman Xiang. So it is certainly possible and desirable. And you very well ask why. There are two primary reasons.
First, we believe that interaction of our economy with another strong economy will be beneficial to both. If we were struggling and invited in a bank to bail us out then we would be asking for exploitation. We see this more a beneficial exercise in free trade.
There is another reason. While our banking system is well funded and performs adequately, many regard it as somewhat old and stale. What we are planning to do is ask that some junior personnel of Industrial and Commercial Banking Group, our largest banking chain and still one of the largest in South Seleya, be employed at entry levels of most aspects of the banking operation for a time.
Premier DuPlessis
INCOME TAX CUT AT BOTTOM OF SCALE
Office of the Premier, February 8, 5023: The Federation Canrille has introduced into Parlement three bills on budget and tax. Asked by CLAIRON PICARD what the government was doing, Premier Michel DuPlessis responded:
We have raised the spending for the Ministry of Defense by 5 billion KRP and lowered the rates for the low end of the income tax scale significantly. On balance, the package is revenue neutral.
No decision has been made on buying an aircraft carrier but we are planning some purchases. Helicopters and frigates are at the top f the list.