[center][h2][b]The Tsardom of Radena[/b][/h2][/center]
[center][b]1901[/b][/center]

[center][h3][b]Ministry of Economics[/b][/h3][/center]
The Ministry of Economics has recently announced a series of changes to the yearly budget after the Tsardom saw an incredible budget surplus, causing numerous amounts of controversy and infighting within the ministry. After nearly three weeks of heated discussion, the ministry finally agreed to a formal budget proposal to announce to Tsar Pyotr II:

[center][b]Budget of the Tsardom of Radena
Fiscal year 1901[/b][/center]

[center][b]Overview[/b][/center]
The official budget of the Tsardom of Radena will focus primarily on issues ranging from industrialization, administration, corruption, militarization, and colonization. First the ministry will address the expansion of the industrial output of the Tsardom with announcements of a boost to the current industrial output of the Tsardom in order to meet Continental standards. Proposed administrative solutions will made to address the both corrupt and lawless nature of the Tsardom’s Easternmost territories to avoid repeats of the surge of violence the Tsardom has witnessed over the past month. Next, the ministry will propose a series of budget initiatives to increase military research spending in order to remain competitive and secure against neighboring powers. Finally, the funding of current colonial initiatives will be increased in order to encourage the expansion of the Tsardom to bring about a better, more civilized world in both Settumu and Serranthia.

[center][b]Administration[/b][/center]
In order to bring about both law and order to the Easternmost Settumu territories, the Ministry of Economics will propose a significant budget increase to the administration of these territories. This would be primarily placed in the recruitment of an effective policing force, as well as give added benefits of discouraging corruption from said police, local governors, and other officials. This would ultimately aid in a long term stabilization of the region. As a result, the administration budget will be increased to $200,000,000, thus making the administration of the Tsardom 34% of the years budget.

[center][b]Infrastructure[/b][/center]
The Tsardom of Radena will continue to meet the current standard of infrastructure it has kept since last year. Considering that there has been no push or need for a major overhaul or massive increase for this part of the budget for the time being the Tsardom will contribute $2,000,000 to maintain its infrastructure and allow breathing room for minor expansions.

[center][b]Education[/b][/center]
Education has always been considered to be important to the Tsardom, allowing for innovation and creation within the workplace. However, the Tsardom at the moment can’t afford to massively overhaul the education budget, especially in terms of secondary education for the wealthy and middle class citizens. As such, the Ministry of Economics has agreed upon keeping the status quo with current expenditure, with primary schooling receiving a budget of $64,000,000 and secondary schooling receiving $80,000,000 of the Tsar’s budget.
[center][b]Bureaucracy[/b][/center]
The Ministry of Economics believe that the Bureaucracy of the Tsardom is not in desperate need of a financial overhaul, as such there will only be slight increases to the current expenditure, placing the current budget at $100,000,000.

[center][b]Colonial and overseas territories[/b][/center]
The Ministry of Economics understands the importance of the Tsardom’s current colonial interests abroad. After much deliberation and discussion within the Ministry of Economics, a budget increase was agreed upon to encourage the further expansion of current and likely future territories of the Tsardom. The current budget gives close to $40,000,000 to the Tsardom’s overseas territories.

[center][b]Technology[/b][/center]
It is in the best interest of the Tsardom to remain advanced in current military and naval technologies to protect its ever growing empire across the world. As such the Ministry of Economics has dedicated $25,000,000 to both Naval and Army research.

After nearly a week of deliberation by the Tsar, the new budget was officially agreed upon with a few minor revisions.

[center][h3][b]Ministry of Domestic Affairs[/b][/h3][/center]

[center][b]Unemployment and industrialization[/b][/center]
A recent initiative by the ministry of domestic affairs has been undertaken to improve the current mass unemployment throughout the Tsardom. This initiative is to begin with the construction of several factories, over the course of the next ten years. The first city announced to receive the first factory is the city of Zamocin. An industrial center and incredibly large city, it is believed to be one of the most economically sound locations to construct the first of many factories soon to come.

[center][b]Laying down the law in Settumu[/b][/center]
The lawlessness of the Settumese territories has recently brought about an initiative with the aid of increased budgeting by the Ministry of Economics to bolster the police presence in the Settumese territories. The local police will then be utilized in an attempt to disperse any and all rioting peacefully when given the opportunity. The establishment of a temporary curfews will be made in the following cities: Qinghua, Suyang, and Sensong until the increased violence between the culturally Radenan and Meungese citizens have been quelled.

[center][h3][b]Foreign Ministry[/b][/h3][/center]
The Foreign Ministry recently has negotiated a treaty between the Tsardom of Radena and the Veletian Empire allowing for the free access of both military and commercial vessels through the Canal d’Or. This treaty specifies that the Tsardom will pay $500,000 a month, paid annually, for the period of 4 years. This is expected to bring about a great deal of trade and prosperity to the Tsardom’s Easternmost territories. A once incredibly dangerous journey through the South Serranthian ocean has now been reduced to only six months.

[center][h3][b]Tsar’s Royal Navy[/b][/h3][/center]
With the recent acquisition of the Alek and Wenshou Island the current Radenan Royal Navy stationed in the Hironese Sea has been deemed far too small to protect current interests. Sailing under Admiral Stepanovich, in the flagship the TRN Borzaya, he and an accompanied fleet of two CA, the TRN Sever and TRN Namereniye, six CL, the TRN Koventri, TRN Chertenok, TRN Rytsar, TRN Korona, TRN Ray, and TRN Milost, and thirteen DD, the TRN Posle, TRN Presledovatel, TRN Geroy, TRN Byskochka, TRN Yurkiy, TRN Prygun, TRN Doblestnyy, TRN Foreytor,  TRN Vostochnyy, TRN Pech, TRN Strannik, TRN Golavly, and TRN Korol will head to the Hironese Sea to regroup with the current already established fleet located there.

[center][h3][b]Colonial Ministry[/b][/h3][/center]
The Tsardom has announced an official expedition to the Island of Fasum lead by eccentric biologist Dr. Yakovich. The goal of the initial expedition is to explore the native fauna, inhabitants, and wildlife along the Island, as well as discover ideal locations to establish small settlements on the Island itself. The first settlement on the Island will be named Novyy Nakhoysk, named after the hometown of Dr. Yakovich.

[center][h3][b]The Imperial Palace[/b][/h3][/center]
The Tsar has recovered, giving an official appearance just outside the palace in Glavnaya, and a small speech to the crowd. “It is my duty as Tsar to inform the people that I am now well. The Tsardom need not worry any longer about my health, or the health of the Tsardom should my time come to pass. For the time being, I am reinvigorated and hope for the Tsardom to be so as well.”