Vol 2 Chapter 16: , Fiscal deficit

　　 In fact, Kennedy is not really opposed to the sale of land. You have to know that in addition to the previously confiscated land, the government in the new territory has also reaped a lot of land.
　　 There are already a lot of land in the hands of the Bulgarian government. Even if part of the land is sold, it can still be made up with the development of new land!
　　 But this involves the military, especially at the end of the Bulgarian-Serbian War, when the government sold land for military expenses, it is easy to give the outside world an illusion that the Bulgarian government is suppressing the military!
　　 Once this illusion is created, the political consequences are often disastrous! The military of all countries in the Balkans is not a persimmon. Don't look at the Bulgarian army now seems to be very obedient, it is all made by Ferdinand with money!
　　 Bulgaria’s annual military expenditure has now doubled compared to before 1888, and it is much higher than the government’s fiscal revenue back then!
　　In fact, the military expenditures of the Balkan countries are hardly less than half of their fiscal revenue! Obviously, the Bulgarian government allocates only 20% of its annual military expenditures. This is not enough for half of its military expenditures. The rest is paid by the government for the profits paid by Chinese companies. Accounted for the vast majority!
　　 Now the Bulgarian government earns more than ninety million lev from the land and its surroundings every year, and before the cabinet even saw the money, it threw it into the gold-swallowing beast of military expenditure!
We must know that in 1893, the Bulgarian government’s fiscal revenue was only 164 million lev; in 1894, due to the impact of the war, the growth of fiscal revenue was only 172 million lev; in 1895, the war dividend was reaped, which stimulated economic development and financial The Ministry’s optimistic estimate may exceed the 200 million Lev mark.
　　 But military expenditure was 134 million lev in 1893; the war broke out in 1894 and military expenditure reached 220 million lev; in 1895, it fell back to 147 million lev!
　　 There is no way, this is still a compulsory military service system, otherwise this expenditure will increase by 20 to 30%!
　　 This is still based on the premise that every division in Bulgaria is dissatisfied with the editor! The Bulgarian Army has more than 17,000 people in the defense system.
Each of the six main divisions has only more than 7,000 personnel, and each division’s military expenditure is as high as 13 million lev; each of the six new divisions has more than 13,000 personnel, and each division’s military expenditure is more than 700 Ten thousand lev; more than eight thousand guards, military expenditures as high as 20 million lev!
　　The main reason why new divisions are cheap is that soldiers are obligated to perform military service, so they don’t need to be paid, and their weapons and equipment are not as good as the main divisions, which greatly saves money!
　　 Otherwise, the salary of more than 13,000 people will be paid more than 10 million lev. It is not surprising why the salary of soldiers is not high. All soldiers who have been in the army know that there is very little expenditure in the army. The army is responsible for food, clothing, shelter, and transportation. Basically, the actual income is obtained!
　　 This is also the purpose of Ferdinand keen to expand the new editor, it is completely that the main teacher is too expensive, Bulgaria can not afford it! As a last resort, Ferdinand can only choose to raise an officer! The Bulgarian army’s officer reserve can be tripled at any time.
On the surface, the minimum labor wage in Bulgaria is now 75 Levs per month (about £3). In fact, after deducting food, accommodation, and clothing costs, less than two-thirds of workers can actually get it. , The boss may only get half of it if you encounter a black heart!
　　 This is the result of the government's intention to protect the disadvantaged. Otherwise, capitalists can rely on the loopholes in the contract to kill the workers!
　　It’s okay for the older capitalists. They know that they need to pay attention to their faces, and the government keeps a close eye on them. The media still likes to make raids, so they don’t dare to mess around because of their reputation.
　　 The most pitted thing is that the small boss is nouveau riche. It is difficult to see the good qualities of the Bulgarians in them. They caught a trap, and after the government cracked down on it, they turned to emigrate!
　　 Constantine was silent, trying to persuade the military to agree to sell the government's land, unless the government agrees to increase the proportion of military spending, otherwise the military will definitely not agree!
　　 But increasing the proportion of military expenditure in fiscal revenue has made the government even more disadvantaged. The growth rate of income from land is minimal, but the fiscal revenue of the Bulgarian government is growing at a high speed!
　　 It is easy to increase the proportion of military expenditure, but it is difficult to reduce it. There are not many differences in the Balkans, but there are many wars. Constantine does not think he can do it if he wants to reduce military expenditure.
　　The people sitting at the top of the government are very clear that Bulgaria’s next strategic goal is the Ottoman Empire.
　　 Increase military expenditure in the short term. This is no problem. They are willing to allocate wartime special military expenditure. However, the long-term increase in the proportion of military expenditures is a headache.
　　 You must know that in order to reduce the proportion of military expenditures, the government’s land, such a large piece of fat, was thrown away by the cabinet without hesitation before. UU reading www.uukanshu.com is for long-term consideration.
　　 Chekov thought for a while and said, "This matter is too big, let's report it to the Duke to make a decision!"
　　 Everyone nodded. Now Ferdinand is in full swing in Bulgaria. On big issues, it would be impossible to pass without his nod.
　　Ferdinand, who worked hard in the palace of Sofia and worked hard to create humans, didn’t know the trouble was coming again.
　　 You must know that since 1892, half of the problems of the Bulgarian government have been financially!
　　 can only say: No money in this world is absolutely impossible!
　　Ferdinand deeply understood the essence of this sentence! Before the crossing, he was a poor dick, and then he ran for money; after crossing, he became rich and wealthy. He thought he could get rid of the troubles of money, but he still had to work hard to earn money!
　　 After becoming a king, after a few years of comfortable life, I worry about money again, and I still can't see the worry!
　　 After listening to Prime Minister Constantine's introduction, Ferdinand immediately knew that it was going to be bad, and the Bulgarian government was short of money again! Regarding the cabinet's proposal, Ferdinand did not hesitate to veto it!
　　 In any case, the Ottoman Empire is about to be attacked, and the government cannot do anything that might strike the military's morale!
　　 Even if you want to sell land, you can only consider it after the war. As for the government's lack of money, Ferdinand decided to focus on the French. The name of the loan shark empire is not for nothing!
　　 The victory of the Serbian War, the Bulgarian government’s credit strength in the international arena has increased by another level. If it is not possible, you can ask the Russian Empire to come forward to guarantee it!
　　The government's funding gap may be an astronomical figure for Bulgaria, but for the usury empire of France, it is a drop in the bucket.