Chapter 649： Year-end financial report

Dawn broke.

Saint Martin's Kingdom, the palace hall!

Arthur sat on the throne.

"See Your Majesty the King!" The ministers knelt on one knee.

"Free gift!" Arthur waved his hand.

"Thank you!" The ministers got up.

"What's the matter today?" Arthur said lightly.

"Your Majesty, this year's financial report is out!" Ishihara Kensaburo took a step forward, stepped out of the crowd, and bowed to report.

"Go ahead!" Arthur said solemnly.

"Yes! Your Majesty" Ishihara Kensaburo nodded, and said seriously: "Because the kingdom's newly built site is too wide, the branches are scattered, and the accounts within the kingdoms are messy, the Ministry of Finance has some shortages of personnel, so it is temporarily Without statistics, the following financial reports are all from Saint Martin this year!"

Speaking of this, he paused before continuing, "This year's total national income is 91.35 billion Saint Martins! Compared to last year, it has increased by 50%!"

With the development of Saint Martin, the income has been increasing, but the growth rate is also decreasing. Compared with last year, this year's 50% growth is about 10% less!

However, Arthur is still very happy to see this income. Although the growth rate is low, its base itself is bigger!

3 billion increased by 300%, how can there be a 50% increase of 60 billion

"Among them, military expenditures, including army salaries, ordnance production, army logistics, army welfare, etc., add up to about 62 billion Saint Martins!"

Military expenditures have soared nearly four times compared with last year. The main reason is that this year’s army is constantly fighting, and as soon as the war is lost, killed in battle, ordnance consumption, etc., come up, causing the expenditure to skyrocket!

Of course, this sudden increase in expenditure is relative to the fact that more kingdoms have entered the pockets of Saint Martin, so Arthur is still willing to say this expenditure!

"The expenditures of the Ministry of Industry, including infrastructure construction in various places, road repairs, and scientific research expenditures of the Academy of Sciences, etc., are about 15 billion Saint Martins!"

Although the expenditure in this area is also very large, it is only normal, it is about 50% more than last year, and it has not increased to the point of exaggeration!

But, next year will be different!

With the skyrocketing of the kingdom's territory, next year these expenditures, especially infrastructure, road repairs and other expenditures, will definitely skyrocket to a terrifying place!

"The royal family's income is 10% of the country's total income, which is 9.135 billion Saint Martins!"

This aspect is fixed, so there is nothing to say!

...

"To sum up, the total expenditure this year is 128.53 billion St. Martins, and the surplus is minus 37.80 billion St. Martins. Together with the surplus of previous years, now the treasury has The money is 3.37 billion Saint Martins, and there are 103.9 billion Pele reserves!"

After decades of hard work, once back before liberation!

With various expenditures this year, especially the surge in military expenditures, not only was there no money left this year, but 90% of the previous year’s surplus was even spit out. As a result, the current state treasury only left more than 3 billion yuan. Martin coins, and more than 100 billion Pele!

Well, this still looks like a lot!

If you change to a normal kingdom, then the money, even a kingdom that hasn't eaten, drink, or spent for more than ten years can be saved, but it is really nothing to put in Saint Martin!

As long as more infrastructure is built this year, it will basically be over!

"Okay!" Arthur said with satisfaction, and then said, "Who has anything else?"

"Return your majesty!" Lelis stood up and said, "As for the remaining troops of the kingdom, we have completely collected them. In addition to the old, weak, sick and disabled, there are also those who were temporarily forcibly called up by the kingdom. His wishes were arranged to go home to farm and other grassroots!"

"We chose the others again and again, choosing the ones that are stronger, more obedient to orders, or have special abilities, and reorganized them into the navy and the army!"

"At present, the Navy has added ten fleets, and the army has added six corps, totaling more than 28,000 soldiers!"

The armies of more than thirty kingdoms are far more than these people!

But most of them were temporarily recruited before the kingdom's demise, so in the process of reorganization, there was a big shrinkage, and the original army of hundreds of thousands was shrunk to more than 28,000!

And these two hundred and eighty thousand are the elite of the remaining army of those kingdoms, as long as more training is needed, it is only a matter of time to catch up with the Saint Martin army!

Speaking of this, Lelis said hesitantly, "But... in terms of ordnance, there is a big gap!"

This is also normal!

The army of two hundred and eighty thousand is more than 30 to 40% more than all the troops of St. Martin before. A normal kingdom, even St. Martin, cannot have so many weapons reserves!

Besides, there was a war before?

The consumption of ordnance is even greater as soon as a war is fought!

Arthur thought for a while and said, "Take out all the original ordnance reserves, and then let the people in the ordnance factory step up production and fill it up as soon as possible!"

"Yes!" Lelis nodded and returned to his position!

And just after he returned, Ishihara Kensaburo stood up again and said, "Your Majesty, this year's fiscal expenditure is negative. Now the remaining money in the treasury is only enough for the kingdom to spend nothing, running for six months. If you let the ordnance factory produce it at this time, you will definitely have no money to produce it!"

For this question, Arthur is not very worried!

He knew it before, and he had already figured out a solution!

"I know now that the treasury has no money! But it doesn’t matter. You first borrowed 30 billion St. Martins from the Royal Bank in the name of the kingdom to support the normal operation and expenditure of the kingdom, and then let the Ministry of Commerce remove us from it as soon as possible. Those gold and silver jewelry, antique jewelry and other things that were seized by more than 30 kingdoms have been realized!" Arthur said sternly.

Although the kingdom has no money, the Royal Bank has a lot of money!

As the national currency issuing bank~www.novelhall.com~The Royal Bank under the name of Arthur has never been short of money, and even made a lot of money every year!

However, even if both the Kingdom and the Royal Bank belong to him, they must be clear about the money. Even if the Kingdom has no money, Arthur can't directly take money out of his pocket to fill it, otherwise Will throw the kingdom's finances into chaos!

And... the kingdom is not really without money!

The nearly trillion Baileys of cash seized by more than 30 kingdoms, although they have all been allocated to the sites where more than 30 kingdoms are located, support the operation and infrastructure construction of these new sites, and let these new sites economic recovery!

But the gold and silver jewelry and antique jewelry worth more than seven trillion Baileys have not yet been realized!

If these are realized, the kingdom will be rich again!

In addition, on those new income sites, there are multiple gems, gold, iron and other ore resources, which can produce nearly tens of billions of Baileys every day.

Although these things minus costs, transportation costs, minus labor, and minus the depreciation after mass production, the actual net income is about 3 billion Baileys, but it is also very scary!

This is daily!

As long as you persist for a period of time, these alone can cover most of the money needed for the development of the kingdom!

"Okay, Your Majesty!" Ishihara Kensaburo promised again, then turned and returned to his position!

Next, people from various departments also stepped up and reported the affairs of their departments this year.

During the discussion and processing, the year-end summary meeting gradually came to an end until late at night!