MM Racing Chapter 251
Chapter 251
: Agriculture, Industry and Currency
Twenty percent of Myanmar’s land area is arable, which is about 130,000 square kilometers, and the forest area accounts for about 43%, which is 280,000 square kilometers.
In the national economic report of the entire Myanmar, agriculture accounts for 50% of the national economy, and the agricultural population accounts for 60% of the national population. The arable land area of Myanmar is 12 million hectares, but there are still 6 million Thousands of hectares of land are vacant, idle and wasteland.
Myanmar’s main crops include conventional crops such as rice, wheat, corn, and soybeans, as well as industrial crops such as sugar cane, rubber, cotton, and palm.
Industrial aspect.
Myanmar has ten steel plants, but five of them have stopped production, and three of the remaining five steel plants are in a semi-stop state.
Because these steel plants were built after Myanmar became independent, and have been affected by more than seventy years of civil war and political turmoil, they have suffered from slow development, chaotic management, old equipment, insufficient funds, backward technology and other reasons.
Myanmar’s steel industry has been developing poorly.
Before the Myanmar military coup two years ago, Myanmar’s annual crude steel output was 5.6 million tons, accounting for 28% of the country’s steel consumption.
In other words, Myanmar needs to import more than 10 million tons of steel from abroad every year.
Now that Myanmar has experienced a civil war, the steel industry has suffered heavy losses, with less than 4,000 workers in the steel plant.
After patiently reading the national economic report of the entire Myanmar, Wang Yao put down the report with a sullen face and said to an official in charge of the industrial department: “Integrate the steel industry, coal industry, non-ferrous metallurgical industry, metal materials All industrial companies in the industry, machinery industry, and chemical industry will be integrated and managed by the state.”
“In terms of light industry, the light industrial machinery industry that provides consumer goods and manufactures hand tools is open to the private sector.”
Wang Yao’s plan is very simple. The national government controls heavy industry, electricity, coal, salt and other important industries related to the country’s people’s livelihood to prevent capital monopoly.
The light industry is open to the private sector to allow private capital to develop, but at the same time macro-control is carried out to avoid the emergence of certain monopolies.
“Yes! I obey!” The official in charge of the Ministry of Industry immediately stood up and responded loudly.
Wang Yao looked at the person in charge of the agricultural department again.
He said to him: “In terms of agriculture, with the economic income of Jingdong Iron Mine, there is not much pressure for the time being. In the name of the new emperor’s accession to the throne, we will announce to the whole country that this year’s agricultural land will be exempted from land tax. Forestry and breeding will be exempted from land tax in the future.” Only half of it is collected.”
In most countries in the world, there is no traditional agricultural tax like the Dragon Kingdom.
But land tax.
That is, as long as the land is used, a fixed tax will be generated, which is divided according to different types such as whether you are growing agricultural products, forestry products, or breeding.
Rather than paying taxes based on harvest.
Before the military coup, Myanmar’s government’s annual fiscal revenue was NT$24.8 billion, and Wang Yaoguang’s trade volume with the Jingdong Iron Mine exceeded NT$25.2 billion!
After taking over Kachin State, we will develop the Hpakant iron ore and jade in northern Myanmar, which will become another large trading point.
Therefore, Wang Yao does not like the small amount of agricultural land tax at all. Exempting agricultural tax will not only gain the support of grassroots farmers, but also greatly increase farmers’ enthusiasm and increase grain production capacity.
Grain production capacity and stability in the ruling area are what Wang Yao wants!
“In addition, as the Minister of Agriculture of the new government, you are conducting business negotiations with Long Guo. We need more high-yielding hybrid rice seeds, chemical fertilizers, etc. It is best to negotiate a seed breeding base and a chemical fertilizer factory.”
“The same is true here in the industrial sector. Relevant industrial chain equipment and technologies that need to be introduced will be directly invited to public bidding.”
Wang Yao believes that with a market of more than 50 million people and such a close distance, Longguo will never give up. Even in the name of public bidding, Longguo can defeat other competitors with high quality and low price, and they You can still earn it yourself.
“Yes!” The heads of the Ministry of Agriculture and the Ministry of Industry responded one after another.
The red alert system in Wang Yao’s hands is mainly for military purposes, so the development of industries such as industry and agriculture requires the introduction of technical support.
However, Wang Yao’s Red Alert Base can produce all kinds of talents, and there is no shortage of talents. It just needs to introduce equipment and technology.
0 ·Ask for flowers·· ·····
Next we discuss the issuance of new currencies.
In the past, when Wang Yao was still entrenched in Jingdong, the currencies mainly used were dragon dollars, US knives, Burmese coins, and Siamese baht.
Now that after ruling the entire country of Myanmar, the Myanmar currency has been completely reduced to waste paper. It is time to issue its own currency. The construction of a new economic system also requires the support of its own strong currency.
The head of the Legion Central Bank stood up and said: “We have prepared model data for several currencies and have sent it to the commander’s personal computer terminal. Please review it.”
Wang Yao nodded, picked up the tablet and opened the newly received file.
There are five currency styles, and each style is divided into various denominations.
…. .. ….
One cent, two cents, five cents; one dime, two cents, five cents; one dollar, two dollars, five dollars; ten dollars, twenty dollars, fifty dollars; one hundred dollars.
Each currency is printed with a different scenery, and the last one hundred yuan currency is printed with Wang Yao’s handsome young face wearing a military uniform and a military cap.
“Explain it.” Wang Yao said to the person in charge of the Legion Central Bank.
“Yes!” The person in charge stood up and explained to everyone: “Our new currency adopts the 125 base system. Every currency has banknotes, but only currencies of one yuan and below have coins.”
“The cents are made of aluminum-magnesium alloy, the dimes are made of copper-zinc alloy, the one-yuan currency is made of copper-nickel alloy, and the currencies above do not have coins, they are all banknotes.”
“There are only a few ways to ensure the value of currency, which are linked to hard currencies, such as oil, gold, silver, etc.”
Most of the currencies issued by ancient dynasty countries were made of gold and silver. The paper currency was originally exchangeable for gold and silver, so its value could be guaranteed.
As a new country, stabilizing the new currency is not only to make its own people recognize the new currency, but also how to go abroad and occupy a place in the international foreign exchange market is also very important.
The issuance of new currencies in other countries may turn into ‘Zimba coins’ if not careful, with a face value of tens of billions, almost surpassing the net coins.
The hard currency that Wang Yao uses to protect his own currency is also very simple, gold and oil.