Mediterranean Hegemony Road

After sending Chekov away, Ferdinand admired himself a little, and his ability to carry private goods was already perfect. Things that are irrelevant to the wind, horses and cattle, are just pulled together, and they are so reasonable!

...

Chekov is in a very bad mood now. The Ministry of Education's application for funding has been suppressed by the Ministry of Finance. Honest people are also angry! For a mere 500,000 levs, the Ministry of Finance dares to say that it has no money and wants to suspend the funding. Isn't this an obvious loss of face!

At the moment, Chekov broke into the Ministry of Finance angrily and found the Chancellor of the Exchequer Kennedy Ivanlov directly.

"Mr. Kennedy, can you tell me why the Ministry of Education has been suppressed this time, don't tell me the mere 500,000 Lev, the Ministry of Finance has not!!"

Although he has tried his best to suppress his anger, the meaning of Xingshi's guilt is still very obvious.

In the face of Chekov's indictment, Kennedy was not annoyed, the Treasury Department has seen this kind of thing a lot. Still smiling, he said:

"Mr. Chekov, believe it or not, our Ministry of Finance really can't come up with this money now. Of course, it's not that the Ministry of Finance has no money now, the problem is that the money~ has been used for it! It doesn't take long to wait. , as soon as the income of the tax department next month is recorded, I will allocate money to you immediately!!"

Chekov did not agree with the statement made by the Chancellor of the Exchequer Kennedy. He knew exactly how Bulgaria's finances were going. How could there be a mere 500,000 leva shortfall!

He looked at Kennedy with a sneer, and said dissatisfiedly, "Really! Then please Mr. Kennedy and explain it to His Excellency the Grand Duke in person!"

Hearing this, Kennedy's face changed greatly. He knew that Chekov was really angry. In the face of the cabinet ministers who were trusted by Ferdinand, he still had no confidence to fight back. So he opened the safe, took out a stack of documents and handed them over, and said with a wry smile:

"Mr. Chekov, money is being used everywhere in Bulgaria now. In addition to the previous budget, you should know how many additional projects have been allocated! No matter how much money the Ministry of Finance has, it will not be enough! If it continues , we will face a financial crisis in the near future, the specific situation is in it, and we are preparing to report it to the cabinet!!"

Chekov took the document and looked at it carefully. The more he read, the more amazing the content was. He never thought that the government could spend so much money! After a while, he closed the file and said in disbelief, "Is this all true?"

"Of course! Every expense on this is clear, especially after the outbreak of the economic crisis, in order to get rid of the crisis as soon as possible, we launched many projects ahead of schedule, which greatly exceeded the budget, and the previous accumulation and loans are now almost exhausted. Yes!" Kennedy said cautiously.

Chekov knows that the trouble is big, and the financial crisis is not enough now, but many projects will be affected in the later stage, or abandoned or postponed! This means that the rapid development of Bulgaria is about to end, which is absolutely unacceptable to the current government!

"I see! Since the problem is so serious, why didn't you report it in advance??" Chekov asked suspiciously

Kennedy said with a wry smile: "Mr. Chekov, we didn't expect that there are so many new projects in the past two months, and many of them are outside the 'Two Five-Year Plan'!!"

Having said this, both of them resolutely shut their mouths! This is all Ferdinand's fault, and many of the latter projects were approved by him personally, and if we continue to discuss it, we are blaming his own boss.

...

At the cabinet meeting in August, everyone was distressed after reading the report sent by the Ministry of Finance! On the surface, there is no problem now, as long as new gold swallowing beasts are not added, it can be handled completely.

But this is impossible. If nothing else, the "Arsenal Expansion" project, which will be launched at the beginning of the year, cannot be stopped, right? Five million levs before and after is indispensable! !

And the big wedding behind Ferdinand was another big expense.

This one cannot be saved, the Grand Duke's face cannot be lost, and Mao Xiong's face cannot be denied! ! and many more鈥︹€?,"Constantine broke the silence and said: "Gentlemen, everyone has read the analysis of the Ministry of Finance! If we want to continue to complete the following projects, according to the most optimistic estimates:

In 1894, we faced a deficit of 12 million levs; in 1895, we faced a deficit of 35 million; in 1896, we faced a deficit of 50 million levs; and in 1897 , this figure will reach 80 million leva, which is more than half of our current fiscal revenue! !

That is to say, our Bulgarian financial crisis is coming! ! This problem has plagued Bulgaria many years ago, and now it is coming back, what should we do? ? "

Now there are only two choices before the cabinet: either to make money to solve the fiscal deficit that may break out in the future; or to cut off some projects and save money!

Well, now the international debt of the Bulgarian government is already as high as 150 million leva, and the annual interest alone has to pay 11 million leva. Compared with the more than 600 million of neighboring Greece, and the more than 300 million of Serbia, it is still nothing! !

But for external loans, everyone is discouraged, not to mention the high interest, the key is to mortgage the sovereignty! ! The people sitting here are all high-ranking people, and no one wants to carry the infamy of being a traitor.

"Your Excellency Prime Minister, I propose to suspend some projects that are not particularly important, and then start them after the finances improve!!" Chancellor of the Exchequer Kennedy said cautiously

"No, I am against it!! The success of the 'Two Five-Year Plan' will determine 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 the government's financial situation, it is true that so many projects can no longer be launched blindly, otherwise the follow-up funds may be pressed to our bankruptcy!!" The Minister of Foreign Affairs echoed.

"I oppose!! Now is the most critical moment for Bulgaria. As long as this difficulty is overcome, nothing can stop Bulgaria from becoming strong!!" The Minister of Transport said angrily

...

Constantine clapped the table with a "snap" and said, "Enough!! If you keep arguing like this, it is estimated that everyone will be sitting here tomorrow!! The old rule is now to show a vote, the minority obeys the majority, and there can be no abstention! If you agree with the Minister of Finance, please raise your hand!!鈥?,"As soon as the words were finished, the people who supported the proposal to cut the project raised their hands one after another. Constantine glanced at the audience, slowly raised his hand, and said: "Five votes in favor, four votes against, pass !!"