Chapter 728: Desperate Soldiers?

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Although Qusay knows that he is spending a lot of money now, he is still surprised to hear Hekmat's words, Iraq has become a poor egg?

As the year was coming to an end, Hekmat, as Iraq's finance minister, naturally had to thoroughly check the country's financial situation for the year, but he was very disappointed to find that he, the Iraqi finance minister, was really unable to be the minister. Pen & Fun & Pavilion www.biquge.info≦≧

"Your Excellency the President, I'd better give you a brief report now," Hekmat had originally planned to prepare a detailed report, but now, for the time being, he could only say that as a high-level leader of Iraq, Hekmat's brain had already written down all the data.

"In 84 years, the main amount of money spent in this year was divided into several parts, first of all, we purchased a large number of weapons from the Soviet Union, including SAM-11 missiles, OP-23 missiles, Mi-24 helicopter production lines, R-73 missiles, Il-76 transport planes, etc., and the initial plan signed by the Soviet Union to export two nuclear reactors to us to alleviate our power shortage and respond to the dissatisfaction with the United States, although we have only paid a deposit, we have already spent three billion dollars. ≦≧ at the same time, you signed a series of agreements with the eastern powers, in particular, you ordered a large naval training ship and ten missile boats, we built our own shipyard, we also invested money, supported many projects of the eastern powers, including the Yun-10, turbofan six and other projects, we invested a billion dollars in these projects, our domestic production line, the main fighters, the production of forty new F-20 fighters and fifteen Mirage 4000, including the production line of the Mirage 4000, With a total amount of 1.3 billion dollars, we produced 200 new -72 tanks, the Red Bird family of cruise missiles, which cost 100 million dollars, and the investment (nuclear weapons) for special projects in our country is 500 million dollars. The regular investment of our military, including the garrison in the Iranian region and the now just-concluded Golan Heights, is two billion dollars, and our current conflict with Israel, because of the assistance of Saudi Arabia, Kuwait and other countries, we still spent about 180 million dollars, especially... Our ballistic missiles. There is not much left, and if we order again, it will still be a huge expense. ≦≧ and on the civilian side. We have introduced Mercedes-Benz and Steyr two heavy trucks, and have invested 100 million US dollars in our first five-year plan in China. We have already invested two and a half billion dollars in the construction of basic industries, we have built several new universities and technical schools, invested nearly 100 million dollars, and the rest of the regular expenses in education, medical care, sanitation, transportation. In agriculture, there are also $200 million. Our preliminary estimate is that our expenditure is more than $11 billion. If the projects for which the deposit was paid were paid in full, we would expect to need between $2 and $4 billion. Hikmat said.

"And our revenue, so far, is still mainly oil. This accounts for 90 percent of our main fiscal revenue, and our military-industrial enterprises are expected to have enough capacity to export some weapons next year, in exchange for valuable foreign exchange. In the first half of the year, our oil export performance was okay. The total revenue was about $7 billion (after a long period of research, Kuwait's oil revenue in '89 was $7 billion). It's the end of '84, Iraq has consolidated Iran's oil fields, and according to the depreciation of the dollar, the half-year income is $7 billion, which is an estimate without water injection), and if this is still the case in the second half of the year, we can still break even this year. ≦≧However, in the past few months of our struggle against Israel, in order to oppose the support of Western countries for Israel and even the sanctions imposed on us in the later period, we have successively implemented several gradual production cuts and embargoes, so that although international oil prices are soaring, because we export too little, our oil revenues have plummeted, and so far, we have only earned two billion US dollars, and due to the increase in the population of our country, this year's grain harvest is insufficient. We spent another $100 million to import food from abroad. So, although our oil exports are now returning to normal, the gap between our income and our expenses this year is still getting wider and wider, and if we don't have some reserves, we would have been borrowing by now. ”

Kusai listened to it for a while, and he had already thought of those four words, and he was desperate. At present, Iraq's investment in national defense has far exceeded the expenditure in other areas, that is to say, Iraq is now clamoring for economic development, but it is developing the military, sparing no effort to develop the military, but no country spends money like Iraq, because Iraq's military development is not satisfied with importing from abroad, Iraq has been introducing production lines, producing its own, gradually accumulating technology, and employing a large number of personnel, so that the expenditure has increased geometrically. ≦≧

For example, if Iraq directly imports tanks and does not need to buy production lines or industrial workers, then the unit price of tanks will be even lower, because the investment in production lines is huge, not to mention that Iraq has improved some areas.

However, Qusay knows that Iraq must do this now, and if Iraq wants to be strong, then it must invest in national defense and build Iraq into a military power, a real military power! There is valuable wealth under the land, but there is no ability to match the wealth, it is very terrible, and the experience of Iraq in later generations has always reminded Qusay that there is only one choice in Iraq now: seize this opportunity and develop rapidly, without delay! At the initial stage, there will definitely be a large investment, and the benefits are not yet visible. ≦≧ this is like raising chickens, now Iraq, is raising a group of newly hatched chicks, you have to keep investing, investing, investing, when, when these chickens grow up, you can lay eggs again, hatch chicks, chicken farms have entered the stage of good cycle development. In a few years, these chickens raised by Iraq now will lay countless golden eggs, so that Iraq will have a steady stream of wealth! The export of Iraq's own weapons industry alone is enough for Iraq to reap a handsome return, and tightening its belt now is for the sake of the delicacies of the mountains and seas in the future.

Before the war, Iraq had more than $30 billion in foreign exchange reserves, but after the war, it owed $70 billion, but that was a deformed growth, and that was the real reckless militarism that disregarded the people's livelihood. Because Qusay crossed over and took over all the power, so, now, when 84 years are about to pass, Iran has been basically pacified, free up, and devoted to the development of the country, the first five-year plan, this year has invested 2.5 billion US dollars, which can be regarded as a large sum.

Unexpectedly, the treasury of rich Iraq is now empty, and there is no money for hundreds of millions of dollars in projects with Sweden.

What to do? Do you want to borrow more money from Saudi Arabia and Kuwait? Or do you want to pull them on to your own project? None of this seems to be a perfect solution, and if they are all involved in various projects in Iraq, how can Iraq be embarrassed to raise the price of those weapons in the future?

As Qusay was pondering, he heard Trade Minister Mohammed say dissatisfiedly: Our current oil embargo has helped the British out of thin air, making their already deteriorating economy better. “

Briton? After the United States announced sanctions against Iraq last time, the British carried out the most resolutely, withdrawing the experts of the project that had been sold to Iraq, and letting Iraq's own experts work together with the help of the technicians of the big countries in the East to make a new one, and also terminated the Sky Flash Missile project, swallowing their early investment in vain, and Iraq can be said to be completely disappointed with Britain.

After the major oil-producing countries in the Middle East announced that they had reduced production and embargoed because of the unfair sanctions imposed on Iraq by the United States, international oil prices rose triumphantly again, because the embargo lasted too long, so various oil-producing countries have reduced their revenues a lot, such as Iraq, but Britain seems to have grasped the straw that saved its life, and wished that this crisis would last longer, because Britain also has an oil industry!

Between the northwest of the European continent and the island of Great Britain, it is a sea area that has not been paid much attention to, the climatic conditions here are very harsh, more than 2/3 of the time of the year is yin rainy days, strong wind and high waves, so, for a long time, no one has found that there are rich oil and gas resources here, and the submarine oil reserves are second only to the Persian Gulf and the Maracaibo Gulf and rank third in the world!

It was not until 1959 that the Groningen gas field was discovered along the coast of the Netherlands, in 1965 the first gas field group was discovered in the southern part of the North Sea, in 1969 the large oil field of Ekofisk was discovered in the central Zhongyāng graben area, and in 1971 the Brent oil field was discovered in the northern Viking graben, the rich oil and gas resources of the North Sea began to attract the attention of surrounding countries, of which the United Kingdom occupied an area of 510,000 square kilometers in the coastal countries.

Britain's exploration of North Sea oil and gas began in the 60s, and began to produce oil in 1975, but the harsh natural environment made it very difficult to extract here, so the exploitation work has been very slow, until the British economy began to have problems, Britain was determined to vigorously exploit, especially after the Falklands War, the recovery of the British economy is more dependent on the sea, after more than two years of efforts, finally this year, the output exceeded 100 million tons, and it also happened to catch up with the rise in oil prices, the oil extracted by the United Kingdom, It is enough to meet the needs of its own country, and it no longer has to endure the high price of crude oil in the Persian Gulf, and Britain can also take advantage of this high price to earn a large amount of foreign exchange for itself by exporting crude oil to Western European countries.