Bab 806: Chapter 69: Oilfield

The events transpiring in Egypt were naturally unknown to Franz, such minor matters did not necessitate the personal intervention of the Emperor.

Recently, aside from a lackluster outlook on agriculture, the economy of Austria had generally been flourishing.

If nothing unexpected occurred, by the end of the year, it was expected to rebound to the peak levels before the onset of the economic crisis.

Reviewing the latest economic report, Franz breathed a sigh of relief. The Near East development plan was essentially financed by hefty investments, with no returns visible in the short term.

To raise funds, the Vienna Government had issued construction bonds worth 5 Billion Divine Shields incrementally, with monthly interest payments amounting to 1.86 million.

This was just the beginning, as government debt would continue to rise with the ongoing advancement of the Near East development plan.