Chapter 1138 Income and Expenditure
This was the first time that relatively accurate and formal financial data had been heard from the non-military industry, and a large group of people in the conference room, except for a few proprietresses on the government side and the Atlantis International Group, the rest of the army's senior generals were all dumbfounded.
It's just a part, definitely not all of the income, and it's good to get half of the share. Film and television groups, record groups, clothing groups, cosmetics groups, jewelry groups and modeling agencies controlled by the bosses themselves are not counted.
Atlantis International Group's real estate group, department store group, international trade group, grain and oil group, pharmaceutical group, civil aviation group, hotel group, agricultural products group, etc., are also not counted.
It turns out that the boss's family is so rich, no wonder the mercenary army spends money every year, and it hasn't gone bankrupt yet!
"We've been worried about the financial side for a long time, but this time we're finally relieved, and all the scattered things add up, and we can have almost five or six hundred billion dollars a year, and the situation can be described as very good!" Denis said with a smile.
"What a fart, you only hear how much you earn, you don't know how much you spend every year, do you? The money earned by our military industry, excluding the necessary material costs, parts processing costs, assembly and welding, equipment and labor, half of the net profits need to pay for military expenditures, and mercenaries can't get money, so the world can't be in chaos? β
"First of all, the salary, the treatment and benefits of two million troops for a year, add up to about $40 billion, the investment in manufacturing bases, the investment in overseas military bases, and the renewal and upgrading of weapons and equipment, which is about $40 billion a year, which adds up to $80 billion, which is only high, not low, and there is not a penny left." Marcas said.
The vast majority of those present here are proficient in military command, and have almost no concept of financial expenditure, and in their impression, from its establishment to the present, how can Atlantis International Group have trillions of dollars in income in eight years with so many industries and so many resources?
"Zilin, you tell you about the financial expenditure of the federal government, and let everyone have a clearer idea, don't know the expensive things of firewood and rice, listen carefully to how the money is spent." Wu Chen picked up a cigar and lit one, and said with a smile.
"There are too many annual financial expenditure items of the federal government, and I will pick a few statistics to tell you that the mercenary corps has been established for more than eight years, but it does not really make money for more than four years, that is, half. All the data is leveled out to calculate that the annual revenue is more than 300 billion dollars. Xu Zilin said.
The investment in the infrastructure of cities and villages in the Golden Triangle Federation includes the two core cities of Golden Triangle City and Jingdong City, the first-tier cities of Lashio, Taunggyi, Lao Cai, Bangla and Tachili, and the second-tier cities of Mengban, Langke, Muangnai, Namsan, Namsan, Laika, Menggong, Mumba and Monglin.
The federal government's investment projects include road transportation, electricity, running water, natural gas, network broadband, communications, medical care, education, housing, etc., and the core cities will not be less than $10 billion per year, the first-tier cities will not be less than $5 billion, and the second-tier cities will not be less than $3 billion, adding up to more than $70 billion.
The territory is too big, and it is a high-standard investment in modernization, and before the regional economy has not developed, it all depends on the blood transfusion of Atlantis International Group.
In order to improve the traffic situation, the federal government implemented a national highway network project to connect every prefecture and city to a high-speed project, which was fortunately completed in the nineties, and the price of goods was not as high as it is now.
However, the terrain of the Golden Triangle is too steep, full of valleys and cliffs, and for this reason, the cost of the expressway has more than doubled, and the cost of more than 5,000 kilometers of expressway has reached 120 billion US dollars, which took five years to complete, and is 24 billion US dollars per year.
With the addition of the four districts of Sagaing Province, Chin State, Kachin State and Rakhine State, the federal government will need to use highways to connect the major cities all the way to Sittwe Port and the surrounding areas, at least more than 5,000 kilometers, and it is estimated that it will cost 100 billion US dollars, mainly because the construction routes in these four areas are relatively flat, and 20 billion US dollars will be allocated every year.
What makes the high-level people vomit blood is that the federal government is now going to start building a high-speed railway all over the country, and the length of 10,000 kilometers will require at least 300 billion US dollars, which is expected to be completed in three years.
These are the internal expenditures of the federal government, as well as foreign aid, and in Africa alone, the federal government spends six or seven billion dollars a year.
It sounds like a lot, but there are too many countries in need of assistance, a little here and there, not more than one or two, and there are more than 40 countries close to the federal government, and that's it.
"In general, the situation is getting better and better, the federal government can only rely on corporate profits and tax revenues to cope with internal expenses, as for foreign aid, in fact, the local mineral resources income can fully cope, take Angola, CΓ΄te d'Ivoire and Algeria for example, our oil fields export one billion barrels of oil per year, sales of more than 30 billion US dollars, do not forget, there are other mineral resources, almost no use of federal funds, but there is a surplus."
"Oil and gas are the largest and most stable source of finance for the federal government, and because the oil prices in the international market are too low, the Gulf countries, Iran and Iraq, although we have developed many oil fields, we have not been exploited in large quantities, but have implemented the oil reserve plan proposed by Wu Chen."
"Except for some sales to China and Europe, most of them went into the reserve. As the price of crude oil in the international market begins to recover, the financial side will become more and more abundant, and this year it will increase by $10 per barrel compared with last year. β
"The federal government actively implements the investment policy, our tax rate is very low, for good projects can also provide funds, more and more enterprises to invest in the Golden Triangle Federation, the talent absorption program launched last year is also very successful, a large number of high-tech enterprises settled in the federal territory, they are supported by project funds."
"The commercial market is becoming more and more prosperous, and the key is that our population base is skyrocketing, especially the foreign population, which has led to a particularly hot real estate market, housing prices continue to rise, and there are a lot of land use fees on the financial side." Xu Zilin said.