Chapter 777: Five-Year Shipbuilding Plan_2

Only by becoming Prime Minister did I understand the importance of cutting the fiscal budget for the country. It may seem that Australasia has plenty of financial income, but there are equally many places to spend money every year.

Take last year as an example, the fiscal income reached 407 million Australian dollars, ranking second only to the British and French in terms of total fiscal income.

But last year's fiscal expenditure was as high as 455 million Australian dollars, not only was there no surplus, but there was also a deficit close to 48 million Australian dollars.

Although a large reason for this was the extensive construction going on in the country, a fiscal deficit is not good news.

If it weren't for Prime Minister Raul's thrifty ways, last year's fiscal expenditure would probably have approached 500 million Australian dollars.