Salutări ascultătorilor noștri. We are in the gracious year 2022 of His, of the month of June the 9th. The Senate currently is discussing an important bill over allowing prospection by local and foreign companies on natural gas which is known to be present in the sea of Alucard, and brings many benefits to the Queendom of Lodja who actively enjoy the profits of such as to be able to afford incredible things for its people and most notably its military. They are an example regarding that matter, even if it may not be said for everything. For the latest decades off-shore
natural gas exploitation have been denied, with any project nailed on the ground before it could ever bring any much ambition. Fishermen, an active and important part of the population made sure of such, by actively protesting alongside clearly threatening to organize a dam against senators who’d have voted in favour of such legislation at the next elections. The tensions reached an all time high following the assassination of Senator Cristian Varias by a fisherman in 1991, leading to much instability, but eventually to the demise of the project of off-shore natural gas exploitation.
However, in the last decade, the Table of Fives who lead, have been forced by the Senate to spend more than what we generate, as such
on environment, or on
locally built military vessels that is becoming out of control in terms of costs and time, alongside isn’t truly certain to be operational, all of such to boost local industry. Those counter-efficient resolutions lead to the creation of debt by the state, equal to 36,48% of the GDP, a première, as local banks are becoming increasingly alarmed and fear the worse as 2021’s deficit was reaching 3,6% of the GDP, to reach 157 billions USD in total debt, or the equivalent of 2 and half year of governmental income. Drastic cuts have been decided which shall officially let the deficit attain 2,1% of the GDP for 2022, however no one sees how the debt can be managed as credits rates alongside interests are planned to increase by 2023, which would make the government enter into a vicious cycle.
The solution brought forward was to exploit off-shore natural gas, which are most senator’s hope now apparently following predictions of the future vote, as fishers’ population have greatly been reduced following the orientation of vinitsìan economy towards tourism and newest fishing technics allowing a larger efficiency. This effectively led to the organization of a march next week within the city center of Vinitsìa City to move against such idea, organized by fishermen, fishing industry companies alongside environmental associations.