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Chapter 92 Currency Reform

In the war against Beisu, a huge problem was exposed, that is, the number of troops in Abyei was not large.

Not to mention Hua Guo's million-strong army, even a small Eritrea has a regular army of more than [-].

The expansion of the army has been expanding, but the progress is very slow. Money is one aspect of the problem. After the expansion of the army, you always have to spend money on training and equipment.

Ordinary infantry is okay, at most they are equipped with some armored personnel carriers, but if it is an armored force or an air force, it is an astronomical sum.

And now that it has annexed the North Soviet Union, it has a coastline of nearly 720 kilometers, several excellent ports, guarding the prosperous Red Bay, and the expansion of the navy is also on the agenda.

As for the navy, the cost of a warship is tens of millions of dollars, or hundreds of millions of dollars. It is also a dream to form a combat force without astronomical military expenditures.

The atmosphere in the conference room suddenly became solemn, but amidst the solemnity, there was a hint of anticipation.

The expansion of the army involves countless interests, power entanglements, some people are happy and others are worried, and all of this depends on Yang Tian.

Yang Tian also noticed the atmosphere in the conference room. Now, two distinct camps have formed within the military.

First, it is naturally the faction headed by Saleh, the Minister of Defense. First, Saleh is a veteran, and he can be regarded as the founding father of the country who followed Yang Tian. All of them are Saleh's old subordinates.

Secondly, Saleh is also a senior member of the Standing Committee of the Politburo with the title of Minister of Defense. Naturally, there are countless officials on his side.

The remaining faction is Said. Apart from the old subordinates of the National Salvationist Alliance, this faction is more of the staff officer system within the army.

Within the government, Yang Tian implemented the unity of the party and the government.The leader is not only the number one figure in the government, but also the leader of the Democratic Party.However, within the army, Yang Tian followed Hua Guo's example and implemented a system of separation of military and government affairs. In addition to setting up a military affairs chief, there is also a party affairs chief.

Now, many of the top military affairs leaders are in Saleh's faction, and the top leaders of the party affairs, together with a large number of members of the Joint Chiefs of Staff.They are all on Said's side.

The strength of these two factions cannot be measured as to who is stronger and who is weaker, but they have initially achieved the effect Yang Tian wanted, mutually restricting and balancing each other.

Yang Tian does not object to such things as factions. If there are disputes, there will be compromises. Yang Tian is good at being in the middle and controlling the highest power.

And now.Once Yang Tian announces the start of expansion, there will be a large number of new officers, and these officers are the ones who are valued by everyone present.

"Chairman, how big are you planning to expand this time?" Saeed asked first.

The rest of the people also looked at Yang Tian eagerly. Yang Tian's words may change the power of the two factions.

Yang Tian had already expected this kind of thing to happen.However, he has already thought about the expansion plan in advance, saying: "I will formulate a five-year plan. During these five years, the initial expansion will include the army, navy and air force, and the total number of troops will not be less than 50."

50 million!

When Yang Tian said this, everyone present was startled.

Now, Abyel is fully prepared, with an army of only 5 people. In the past five years, it has expanded tenfold, and this speed is too fast.

Finally, Tai Lun, the head of the General Logistics Department of the military, spoke and said something that did not involve any conflicts of interest: "Chairman, the expansion of 50 troops in five years, if including the army, navy and air force, will put a huge pressure on military expenditures, Chairman. Is there any consideration in this regard?"

This Tai Lun, in his forties, holds the rank of major general, but he is not a serious officer.

As the chief steward of the army, Tai Lun was appointed by Zhou Kai, and he was an official Zhou Kai trusted.

The logistics department is just a word of money. Weapons and equipment, the daily living expenses of soldiers, military hospitals, and the management of the logistics supply system all belong to the general logistics department. Such a large organization deals with money the most every day.

Among the two major forces in the military, Tai Lun is unique and a very special existence. He does not belong to any faction and has great power. He can even bypass the Ministry of Defense and report directly to Zhou Kai.

And Saleh and Said also know that Tai Lun is their restraint, and of course they are powerful in managing money.

Yang Tiandao: "In terms of military expenditure, the Ministry of Finance will have specific plans. I am here today just to remind you that in the next five years, the main task of the military is to expand and grow. I believe that during these five years , will be a long period of peace."

peacetime?

Everyone looked at Yang Tian in astonishment, wondering where Yang Tian's words came from, or could it be that Yang Tian had given up his expansion plan and shifted his work focus to his own development?

After the meeting of the Ministry of National Defense, Yang Tian focused his work on the implementation of the new currency.

……

After two months, in July 2016, the central bank of Abyei officially announced that it will officially issue the currency of Abyah on July 7.

The first edition of the Abyah has denominations of 1 yuan, 2 yuan, 5 yuan, 10 yuan, 20 yuan, 50 yuan and 100 yuan.

Under the yuan unit, a currency unit, cents, is also established, and one yuan is exchanged for one hundred cents.

Among the coins, currency units of 1 yuan, 50 cents, 10 cents, 5 cents and 1 cent will also be introduced.

The currency is designed by the central bank, and the core of the establishment is the lion and Yang Tian. Whether it is a coin or a banknote, the head portraits of any characters on any face are all Yang Tian's 45-degree profile portraits.

This design, in addition to commemorating Yang Tian, ​​the great founder of the country, also has a part of brainwashing meaning. Even the money you use is printed with my face. Every penny you spend, you have to remember where the money comes from of.

It has been more than half a year since Abya became independent, and it has only launched a new currency until now, which has also attracted great attention from the world.

The World Monetary Fund and the World Bank warmly congratulated Abyei on the complete success of its currency reform, saying that a brand new currency will make a huge contribution to Abyei's economic development and the world's economic development. contribute.

but.One thing that attracts more attention from the outside world is that although the Abyah Central Bank did not announce the foreign exchange rate immediately, the ratio of exchanging private currency for the currency in the hands of the people is 1 Abyah dollar to 1 Dollar.The currencies of any other country, such as the euro, the pound sterling, etc., are all exchanged according to the standard official exchange rate of the US dollar against the currencies of various countries.

Once this kind of exchange rate is exposed, it can be regarded as a stone that caused a thousand waves, and many economic experts jumped out to analyze it.Yang Tian is very ambitious and wants to make the Abyah dollar a strong currency in the international community.

At the same time, some experts analyzed that Abyar has set up such an exchange rate, which is plundering the wealth of the people.

That's right, on the surface, 1 Abyah dollar is exchanged for 1 U.S. dollar, no more, no less, and residents hold their deposits.In exchange for currency with the same denomination, you can still buy the same amount of items in the market.

Because in a short period of time, the price of goods on the market.It will also copy the price before the currency was issued. It was originally sold for one dollar, but now it is sold for one Abyaji dollar.

But this is domestic, once Abya's goods enter the international market.Goods with a price tag of 1 Abyaji won’t be able to sell for 1 dollar because of competitiveness and other reasons.Probably only 50 cents, or even less.

In this way, the huge price difference and the losses caused by currency transactions will be borne by ordinary people, and part of the value of the loss will be confiscated by the government and plundered.

Therefore, some financial giants headed by Wall Street all viewed Abyei’s currency issuance with a mentality of watching a joke.

The Wall Street Journal even published a headline, Yang Tian is a nuclear madman, and he is an idiot when he is engaged in economics.

Even financial tycoons such as Soros have secretly declared that once Abya has opened up the foreign exchange market, it is not ruled out that they may attack Abya's economic plan.

In the country of Abyei, there are very few such voices of mourning.

The issuance of national credit currency is fundamentally credit, and the people recognize the credit of the government, so the currency has value.

In the past few years, Abyei has developed rapidly and its economy is prosperous, especially a series of events such as the founding and expansion of the country have allowed the Abyei government to accumulate huge credibility among the people.

To put it simply, the people of Abyei are optimistic about the country's development prospects and trust the government, so they naturally approve of the new currency issued by the government.

In order to create momentum for the promotion of the new currency, Yang Tian also spared no effort. On the day the central bank announced the opening of the currency exchange, the whole process was broadcast live by the national TV station. Supermarket, buy a bottle of drink.

Such publicity and momentum made the exchange of the new currency go smoothly.

The first batch of Abyei currency was printed and distributed at 50 billion, which was a decision made after a comprehensive assessment of the economic level of Abyei.

The days of open exchange are from July 7 to the last day of July. In 10 days, the currency exchange work is basically completed.

As a result, the central bank has collected a total of nearly 45 billion U.S. dollars in foreign exchange.

Among these currencies, the US dollar is naturally the main currency.As for the original Sudanese pound, although the exchange amount was large, after all, Yang Tian annexed the North Soviet country, and the Sudanese pound held by tens of millions of people in the original North Soviet country is also an astonishing number. However, the Sudanese pound has been almost worthless in the past two years. The holdings of many people in the former North Soviet country are also dominated by US dollars.

The introduction of the new currency has entered a new chapter here. The new currency with a total amount of about 45 billion has been exchanged and flowed into the market.

But under such a good premise, the Abyei government announced to the outside world that it will implement a trade tightening policy and strictly control Abyei's foreign trade.

In other words, Abyel is already restricting foreign trade and giving up foreign trade.

Such a policy is equivalent to the seclusion of the country in the feudal era, and it also caused a thousand waves of waves in international public opinion, attracting countless voices of saliva.

And the bigwigs on Wall Street quickly gave an explanation, claiming that Yang Tian's strategy of restricting foreign trade might be able to guarantee the value of Abyah in the country and prevent the loss of people's assets.

However, this is a huge and heavy blow to Abyei's economic development. In the short term, it may be effective, but in the long run, Yang Tian is digging his own grave.

The argument that Yang Tian is a military dictator, who launched a war to expand the territory is okay, but he doesn't understand the economy at all, and is a mess, became fierce again. (To be continued..)

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