Jumhurikesh: Difference between revisions

 

== 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 10 to 15% annually, giving it the highest economic growth rate in the country. 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 people and connect its disparate regions and provide reliable and safe water tfor 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.