Chapter 650 Year-End Financial Report

Dawn breaks.

The Kingdom of Saint Martin, the Royal Palace!

Arthur sat on the throne.

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

"No gift!" Arthur waved his hand.

"Thank you, Your Majesty!" The ministers stood up.

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

"Your Majesty, this year's financial report has come out!" Ishihara Qian Saburo took a step forward, walked out of the crowd, and bowed to report.

"Speak!" Arthur said solemnly.

"Yes! Your Majesty." Ishihara Qian Saburo nodded and said solemnly: "Because the newly conquered territory of the kingdom is too wide, the branches are scattered, and the internal accounts of each kingdom are relatively chaotic, and the Ministry of Finance has some shortages, so temporarily There are no statistics, the following financial reports are all from Saint Martins this year!"

Having said this, he paused before continuing, "This year's total national income is 91.35 billion St. Martin's coins! Compared with last year, it has increased by 50%!"

As St. Martin's develops better and better, although the income has been increasing, the proportion of the increase is also less and less. Compared with last year, this year's 50% has decreased by about 10%!

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

3 billion increased by 300%, how can 60 billion increase by 50%?

"Among them, military expenditures, including military wages, ordnance production, military logistics, military benefits, etc., add up to about 62 billion St. Martin's coins!"

Military spending has skyrocketed by nearly four times compared to last year. The main reason is that this year's army is fighting non-stop, and as soon as the war is lost, there will be losses, deaths, ordnance consumption, etc., and the spending will skyrocket!

Of course, this expenditure surge is relative to the fact that more kingdoms have entered the pocket of St. Martin, so Arthur is still willing to pay this expenditure!

"The expenditure of the Ministry of Industry, including infrastructure construction in various places, road repairs, and scientific research expenditures of the Academy of Sciences, etc., is about 15 billion St. Martin's coins!"

Although the expenditure in this regard is also huge, it is only normal. It is about 50% more than last year, and it has not increased to an exaggerated level!

However, next year will be different!

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

"The royal family's income is ten percent of the country's total income, which is 9,135 million St. Martin's coins!"

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

"To sum up, this year's total expenditure is 128.53 billion St. Maarten, and the surplus is negative 37.080 billion St. Martin, plus the surplus of previous years, and now the treasury is left with The money is 3.37 billion St. Martin's and 103.9 billion Bailey's Reserve!"

After decades of hard work, I will return to before liberation!

Under the various expenditures this year, especially the sharp increase in military expenditures, not only is there no money left this year, but even 90% of the surplus in previous years has been spit out, resulting in the current national treasury, only more than three billion holy dollars are left. Martin coins, and more than 100 billion Baileys!

Hmm, that still looks like a lot!

If it is replaced by a normal kingdom, then this money, even if a kingdom does not eat, drink or spend for more than ten years, can be saved, but it is really nothing in Saint Martin!

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

"Okay!" Arthur said with satisfaction, then said again, "Who else has anything to do?"

"Report to Your Majesty!" Rilis stood up and said, "As for the remaining armies of the kingdom, we have completely collected them. In addition to the old, the weak, the sick and the disabled, there are also those who were temporarily forcibly recruited by the kingdom. Willing to be arranged to go home to farm and to various grassroots areas!"

"We chose the others again and again, and chose the stronger, more obedient to orders, or those with special abilities, and integrated them into the navy and army!"

"At present, the navy has added ten fleets, and the army has added six corps, adding a total of more than 280,000 soldiers!"

The army of more than 30 kingdoms is far more than these people!

However, most of them were temporarily recruited before the kingdom's demise, so in the process of reorganization, there was a big shrinkage, shrinking the original army of hundreds of thousands to more than 280,000 now!

And these more than 280,000 are the elites of the remaining armies of those kingdoms. As long as they train more, it is only a matter of time before they can catch up with St. Martin's army!

Speaking of which, Rilis said hesitantly, "However. In terms of ordnance, there is a big gap!"

This is also normal!

The army of 280,000 is about 30 to 40% more than all the troops of St. Martin combined before. A normal kingdom, even St. Martin cannot have so many ordnance reserves!

What about the previous war?

The consumption of ordnance in a war is even more!

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!" Rilis nodded and returned to his position!

And just after he went back, Ishihara Qian Saburo stood up again and said, "Your Majesty, this year's financial expenditure is negative, and now the remaining money in the treasury is only enough for the kingdom to spend nothing, and it will run for six months. At this time, if the ordnance factory is allowed to produce it, there must be no money to produce it!"

For this question, Arthur is not very worried!

He knew it long ago, and he had already thought of a solution in his heart!

"I know that there is no money in the treasury now! But it doesn't matter, you first loan 30 billion Saint Martin coins to the Royal Bank in the name of the kingdom to support the normal operation and expenses of the kingdom, and then let the Ministry of Commerce remove us from the country as soon as possible. The gold and silver jewelry, antique jewelry and other things seized by the 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 issuing bank of the national currency, the royal bank under Arthur's name has never been short of money, and even makes a lot of money every year!

However, even if both the kingdom and the royal bank belong to him, he has to be very clear about the money. Even if the kingdom is out of money, Arthur can't directly fill it with money from his own pocket, otherwise It will throw the kingdom's finances into chaos!

And the kingdom is not really without money!

The nearly trillions of baileys of cash seized by the more than 30 kingdoms have been allocated to the sites where more than 30 kingdoms are located to support the operation and infrastructure construction of these new sites, and to restore the economy of these new sites!

But those gold and silver jewelry and antique jewelry worth more than seven trillion Bailey have not been realized!

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

In addition, on those new income sites, there are many gems, gold, iron and other ore resources, which can also produce nearly 10 billion baileys every day.

Although these things minus the cost, transportation fee, minus labor, minus the depreciation after mass production, etc., the actual net income is about 3 billion baileys, but it is also very scary!

This is daily!

As long as you stick to it for a while, these alone can cover most of the money needed for the development of the kingdom!

"Okay, Your Majesty!" After Ishihara Qian Saburo agreed again, he turned and returned to his position!

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

During the discussion and processing, it was not until late at night that this year-end summary meeting gradually came to an end!