Paradise Burning (The Virtagwalla Series Book 2) Read Online Free PDF

Government’s fiscal year, and we have expended more money than budgeted through the first three quarters of our budget, and these estimates were banking on the fact that we would run a surplus this year again. And to be frank, unless something significantly positive occurs; I am simply not seeing that happen.”
                  “At this point I feel it is appropriate for me to speak on a topic slightly deviate to pure financial matters. I topic I wish to speak on is the public’s embrace of the fiscal maneuvers we have been exercising recently. The people of Virtagwalla reacted very negatively to the RPC’s bail out, but understood its necessity. As they see their cohorts lose jobs, and their tax dollars going to support those that either choose not to, or simply cannot work, they are getting even more frustrated. If you haven’t heard it, there is a growing anxiety that the Parliament is not leading the nation with its best fiscal foot forward,” the eyes of the Minister’s began to narrow on her, so she rebuked, “I am not deeply involved in these movements, however, it has come to my attention there is a growing angst amongst the population about the future of this nation. Once the University’s loan becomes public, and the fact that we may be ebbing on a recession, I am not expecting a supportive attitude from our fellow nationals. They have only ever known growth, an economy with endless possibilities and wealth unimaginable by most other nations on earth. The last thing I will say on this topic, is that we must tread softly, but carry with us the heavy hammer to make sure that we fulfill our obligations as a government, and keep our people protected not only from one another, but also an out of control Parliament.”
                  The Ministers were getting frustrated now. Sensado was beginning to feel the pressure of the entire picture she was drawing for the room’s occupants, as she took a moment, sipped some water, and started again, “There are positive notes however– it isn’t all doom and gloom out there. As of this point, no matter what seems to be going on in foreign nations no international bank has fired a Virtagwallan living on this island because of financial issues. That is the vast majority of our working population, so that is a good sign. The other ray of sunshine is that Villaggio’s agricultural outlay is considerably higher this year, and seems to be the only export remaining resilient - which is good, because if it weren’t than we would be importing nearly everything we consume, and exporting nothing from this island.”
                  Flipping over another page, she smiled and moved into the last section of her presentation, “I am not a magician nor can I read crystal balls. However I have been trained to read financial statements, and make predictions on economic trends. Therefore, what I am about to say is not gospel but simply a forecast of what could happen. First of all, we as a body need to pull the purse strings tighter, and be significantly more diligent with our money. If we proceed down this path, and continue to provide money for failing corporations, or ventures, then we run the risk of having our bond durability rating lowered. This means that it will cost us more to acquire funds that we do not already have. We have not, at least to my knowledge, ever had to raise the tax percentage in the middle of the year, but we may have to think about it if we have budgetary short falls. I am hesitant to say we would acquire the cash through the VARP seeing as we are only about a quarter of a trillion away from our debt topping our gross domestic product – something we must fight brutally to avoid. Nevertheless Virtagwalla is in for difficult times no matter what immediate direction our economy takes. The unfortunate thing is that we as a small financially based economy we are at the whim of the rest of the world. Heaven forbid