Jumhurikesh: Difference between revisions
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== Economy ==
Jumhurikesh has a total annual economic output of over 1.2 trillion KRB and a per capita economic output of approximately 9,200 KRB. Jumhurikesh has a highly diversified developing economy with economic growth ranging from 8 to 12% annually. After the Packilvanian Communist Party was defeated, Jumhurikesh followed the rest of Packilvania by liberalising its economy. This included privatizing government-owned companies. The province benefited from industrial policies at the national level such as allowing people to own property and start business, removing barriers to trade between provinces and with foreign nations, and allowing foreigners to do business in the country. Through massive loans and grants from the imperial government, the provincial government of Jumhurikesh undertook large infrastructure projects to generate power, move and connect its disparate regions and provide reliable and safe water to industrial use and household consumption. With opportunities in the cities, many people in the country side moved to the urban areas, prompting the provincial government to regulate internal migration. As with other provinces, reforms under the PCP to increase literacy and make education more accessible, helped Jumhurikesh develop a large literate urbanized and fairly cosmopolitan workforce.
Jumhurikesh has the largest amount of climate zones in Packilvania which include large areas with moderate temperatures and precipitation enabling widespread agriculture. The management of agriculture is a mixture of small plots owned by individual families in areas that produced high value low yield crops to industrial and commercial farming practices for production of staple goods. The province is a major producer of staple starches, meat, beverages, vegetables, fruit and wine, making it the second large source of Packilvania's food after Fidakar. Agriculture relies on a mix of rain and irrigation from rivers and ground water. Large commercial farms have adopted modern fertilisers and mechanisation, but agriculture in Jumhurikesh remains fairly labour-intensive, partly due to low labour costs such that over 30% of the work force is employed in the agricultural sector and sector comprises over 20% of the provincial economy.
The province has a large services sector which makes up about 50% of the economy and includes a plethora of services such as retail and shopping, internet services and telecommunications, government services, financial services, and tourism. The secondary sector makes up 30% of the economy and employs over 40% of workers and it consists of the construction and property development, electrical energy production, manufacturing of industrial and consumer goods, chemicals and metal refining, and textiles and garments. As other Packilvanian provinces, Jumhurikesh has low costs of labour, and regulations on worker rights are fairly lax. Unemployment is around 3% and over 18% of the employed population works in the informal sector. Taxes are fairly low, but higher than provinces whose government budgets rely on or are supplemented by oil and gas revenues such as Shakar and Ashura.
== Demography ==
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