Chapter 292: Chapter 260: Current Development Issues

"Your Majesty!" Seeing Arthur slowly approaching, the Cabinet members quickly stood up and respectfully said.

Arthur simply nodded, sat down in the main seat, and smiled: "Gtlem, let's begin. This is our first meeting after the reformation of our Cabinet."

Hearing the words, everyone took their seats. However, compared to the previous meetings, this one had numerous additional cabinet seats, all of which were placed in front of the Cabinet Minister's seat.

Interestingly, an empty seat was reserved betwe the Cabinet Ministers and the new seats, intded for the future Minister of Royal Affairs.

"I presume you are all acquainted with each other by now, so let's get to the point!" Arthur said, "Although our Cabinet has gone through restructuring, our goal has never changed. Developing our country has always be our everlasting theme."

"Prime Minister Walter, how many stages does this meeting have?" Arthur asked.

"Your Majesty, in addition to reporting on the progress we've made over the past six months, discussing the distribution of duties among the reformed Cabinet Governmt is a key agda. In addition, the ongoing issues with governmtal work and solutions for improvemt will be addressed in this meeting," Prime Minister Walter promptly stood up and explained.

"Let's talk about the new distribution of duties within the reformed Cabinet Governmt first." Arthur smiled and directly raised the most important issue for the Cabinet Ministers.

"The newly added Cabinet positions; the Chief Justice is responsible for the domestic judicial system, and the State Courts are also unified under the Chief Justice's managemt. In judicial cases involving mid-to-high-ranking officials, both the judicial system and the House of Represtatives have forcemt powers.

"Yes, Your Majesty." They all nodded in agreemt.

"Let's briefly talk about the achievemts made so far by our governmt. First, let's hear the good news from the governmt and th conctrate on solving the problems we have faced," Arthur instructed.

"Your Majesty, up till now, all of our governmt's developmt progress has be on a continuous upward trd. The number of immigrants in the first sev months of this year has already exceeded 40,000. At prest, our domestic total population has reached 765,0, with non-immigrant population growth just over 80,000," Prime Minister Walter stood up and summarized.

"The developmt of both industry and agriculture has also be steadily rising. According to our construction speed, Leonora Industrial Base is expected to start operational activities by the d of 909, finish the first phase of construction by mid9, and th commce the second phase.

If progress goes smoothly, we anticipate completing the second and third phases of the industrial area in 93 and 96, with the tire industrial area finished by 98."

Prime Minister Walter paused for a while before continuing: "Our fiscal revue has also se steady growth. Up to now, in just under eight months, our fiscal revue has already surpassed 7 million Australian dollars, and it is expected that the total fiscal revue for this year will surpass 40 million Australian dollars."

"Up until now, our fiscal expditure is approximately 33 million Australian dollars, with a fiscal deficit of about 6 million Australian Dollars. However, this is due to the construction of three battleships and the Leonora Industrial Base.

If there are not too many constructions in the second half of the year, we expect that our fiscal conditions can still return to a surplus," explained Prime Minister Walter.

The developmtal construction of Australasia has be underway for eight years, and it is just beginning to turn its deficit into a surplus.