[center][h1][u][b]The Kalpian Republic-1900[/b][/u][/h1]

[img]https://i.imgur.com/KjQh0O1.png[/img]

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[b][u]The Loan Management of Kalpia[/u][/b]

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Knowing that the loan that the Kalpian was way too big for its immediate needs, it was seen as necessary to pay $241,512,230 to cover at least half of the debt accrued last month. Leaving a surplus of $10 Million and reducing the debt to $96,487,770 this debt was way more manageable that the one before and thus the government would be kept itself afloat for the remaining of the year. The treasury with $10 million was more than enough to provide for any expense that the government may have a need of even taking into account the budget already in place.

[u][b]Note[/b][/u]:
-Kalpia pays $241,512,230 of the debt, treasury is left with $10 million
-Debt reduces to $96,468,770

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[b][u]The Kalpian-Velettian Military Deal[/u][/b]

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The company known as Kairth & Sons has signed a contract with the Violette army in order to supply them with 24k artillery rounds each month. This involves the retrofit of the factory to produce artillery rounds of the caliber of the Violette field gun Dieumart 75. Thus from producing munition for the 7.7 cm Kalpian field gun, the factory would now produce artillery rounds for the 75 mm Velettian field gun. This contract is meant to last as long as war between Violette and Tyro-Redania. The Velettians will pay $9.5 per round for a total of $228,000 monthly.