Chapter 100: The government is short of money

I sent Chekov away, Ferdinand somewhat admired himself, his ability to carry private goods was already in full swing. Things that are not related to each other are just pulled together, and they are so reasonable!
Uh ...
Chekov is in a very bad mood now. The funding application of the Ministry of Education has been suppressed by the Ministry of Finance. Honest people are also angry! Every half a million levs, the Ministry of Finance dared to say that there was no money, and it was necessary to postpone the appropriation.
契 Now Chekov broke into the Treasury angrily and directly found the Treasury Secretary Kennedy Ivanov.
"Mr. Kennedy, can you tell me why the appropriation of the Ministry of Education was suppressed this time, please don't tell me half a million levs, the Ministry of Finance has none!"
Although he has suppressed the fire as much as possible, the meaning of Xing Shi's interrogation is still very obvious.
In the face of Chekov's confession, Kennedy was not annoyed. The Ministry of Finance has seen this kind of thing a lot. Still smiled and said:
"Mr. Chekov, believe it or not, the Ministry of Finance does not have the money now. Of course, it does not mean that the Ministry of Finance has no money now. The problem is that the money has been identified for use! As soon as the revenue of the tax department is accounted for next month, I will give it to you immediately! "
For the statement of the Minister of Finance Kennedy, Chekov did not agree with what the Bulgarian finances are like, but he is very clear. How could he be missing 500,000 levs!
He looked at Kennedy with a sneer, and said dissatisfied, "Yes! Then bother Mr. Kennedy and explain it to the Grand Duke in person!"
After hearing this, Kennedy's face changed greatly. He knew that Chekov was really angry. He still had no confidence in the face of Ferdinand's trusted Cabinet Minister. So he opened the safe, took out a stack of information and passed it, smiling bitterly and saying:
"Mr. Chekov, now Bulgaria is using money everywhere. In addition to the previous budget, how many additional project grants have been added in the future, you should know! The Ministry of Finance has no more money, it is not enough! If you continue We will face a financial crisis in the near future, and the specific situation is here, and we are preparing to report to the cabinet! "
Tchikov took the document and carefully looked at it. The content was more and more amazing. He never thought that the government could spend so much money! After half a ring, he closed the file and said incredibly, "Is this all true?"
"Of course! Every expense on this is clear, especially after the economic crisis broke out. In order to get out of the crisis as soon as possible, we launched many projects in advance, which greatly exceeded the budget. The previous accumulation and loans are almost exhausted. Now! "Kennedy said cautiously
Tchikov knew that the trouble was serious. Now the financial crisis is not out, but many projects in the later stages will be affected, or abandoned or postponed! This means that the rapid development of Bulgaria is about to end, which is absolutely unacceptable to the government now!
"I see! Since the problem is so serious, why don't you report it in advance?" Chekov asked in confusion.
Kennedy said with a wry smile, "Mr. Chekov, we hadn't expected it before, so many new projects have been added in the last two months, and many of them are outside the" Two Five Plan "!!"
I said here, both shut up decisively! These are all Ferdinand's pots. Many of the later projects were approved by him personally. After further discussion, he is blaming his boss.
Uh ...
At the Cabinet meeting in August, everyone was distressed after reading the statement sent by the Ministry of Finance! On the surface, there is no problem at present, as long as no new gold swallowing beast is added, it can be coped with.
But this is not possible, not to mention anything else, the "Arsenal Expansion" project to be started in the beginning of the year cannot stop? Five million levs are indispensable! !!
There is also a big wedding behind Ferdinand, and it is a big expense, this can not be saved, the face of the Grand Duke cannot be lost, and the face of the bear can not be given! !! and many more……
Constantine broke the silence and said, "Dear gentlemen, everyone has read the analysis of the Ministry of Finance! If we want to continue to complete the next project, according to the most optimistic estimate:
In 1894 we will face a fiscal deficit of 12 million levs; in 1895 we will face a fiscal deficit of 35 million levs; in 1896 we will face a fiscal deficit of 50 million levs; and in 1897 This number will reach 80 million levs, which is more than half of our current fiscal revenue! !!
In other words, our Bulgarian financial crisis is coming! !! This problem has plagued Bulgaria many years ago, and now it is coming back, what should we do? ? "
There are only two options before the Cabinet: either to make money to solve a possible fiscal deficit in the future; or to cut off some projects ~ EbookFREE.me ~ save money!
Well, now the international debt of the Bulgarian government is as high as 150 million levs, and annual interest alone will pay 11 million levs. Compared to the more than six billion neighbors in Greece and more than three billion in Serbia, it's nothing! !!
But for foreign loans, everyone is discouraged, and high interest rates are not mentioned. The key is to mortgage sovereignty! !! The people sitting here are all high weights, and no one wants to memorize the stigma of the traitor.
"Sir Prime Minister, I propose to suspend certain projects that are not particularly important, and start after the finances have improved !!" Minister of Finance Kennedy said cautiously
"No, I'm against it! The success of the" Twenty-Five Plan "determines whether we can complete industrialization in Bulgaria! We cannot delay or even give up because of short-term difficulties!" The Minister of Industry immediately retorted
"I support !!! Now that the government's financial situation can no longer start so many projects blindly, I am afraid that the renewal of funds will pressure us to go bankrupt!" The Foreign Minister echoed
"I'm against it! Now is the most crucial time in Bulgaria. As long as we pass this difficult time, there is nothing to stop Bulgaria from becoming powerful !!!" The Minister of Transport said angrily
Uh ...
Constantine patted the table with a "snap" and then said, "Enough! You are so noisy, it is estimated that everyone is still sitting here tomorrow! The old rules now raise their hands to vote, the minority obeys the majority and must not abstain! Raise your hand if you agree with the Minister of Finance !!! "
Immediately after the remarks, those supporting the reduction project raised their hands one after another. Constantine glanced at the audience and slowly raised his hands, and said, "Five votes agree, four votes against, pass !!! "