However, before that, he had to set up a central bank first and issued his own currency. The original Malgas Central Bank and the Ariary they issued would definitely not be used. By the way, he would be embarrassed to continue using the banknotes worth tens of RMB. Therefore, His Majesty the King must issue banknotes that match his identity. △↗,

"The new bank is called Yongning Royal Bank. It is solely owned by the royal family. The banknotes issued are called Longyuan. The old coins are recycled at 100 to 10,000 yuan. As for the exchange rate, don't worry about it for the time being. Anyway, there is no possibility of foreigners collecting our banknotes now."

Wang Yue thought about it and said that he was now struggling with the exchange rate, so he was still struggling with the floating exchange rate or the fixed exchange rate, but he had to consider it later.

As for the president, he was naturally the Minister of Finance. This kind of thing was very simple for Lin Tong, who has been a bank executive for nearly ten years. Although the former banking talents in Malgash were clean, it was just right to recruit a large number of people from China. Anyway, Wang Yue’s goal was to immigrate from China to this side to improve varieties.

"I want to be an official, too."

After His Majesty the King held a cabinet meeting, Chen Xiaoya made a request with dissatisfaction.

His palace is actually the former Presidential Palace of Malgash. Although it was affected by some war, it was not serious, so it was restored soon. After all, before the new palace was completed, His Majesty the King still had to have a residence.

"Okay, then you can be the police chief!" His Majesty the King said casually.

"What about me!" Rourou said eagerly from the side.

"You are the Minister of Health and Health, and all hospitals in the whole country are under your control. As for you, will you be the queen?" Wang Yue asked Lin Ying while touching her head.

"Improper!" Lin Ying said with a blank look.

To be a queen, she will definitely give up her nationality in China. She is currently a senior official of the military intelligence agency of China and will soon be promoted to a colonel. A major general will definitely not be able to escape before she was thirty years old, and she is almost at the speed of the promotion of a fat major general. So it is difficult for her and the Lin family to give up all this.

"It's so boring. I want you to be the Minister of National Defense!" Wang Yue said.

"Just have fun with your homeland!" Lin Ying said angrily.

"You can't say anything about the whole family. If you have too many wives, I should marry a few more and replace all the ministers in the cabinet. This way, the cabinet meeting will be held on the bed. I'm sorry, you want to murder your husband!"

His Majesty the King was imagining the scene of his cabinet meeting on the dragon bed, but he was pressed down by the queens who rushed forward.

Yongning Royal Bank was soon established in Antananarivo. Then His Majesty the King personally designed the layout. The money printing machine imported from China began to print new dragon yuan banknotes day and night under the operation of workers directly recruited from China. The banknotes were naturally indispensable. The maximum face value was 500 yuan. The original Magash characters were no longer used on it. All Chinese characters were used. As for the problem that ordinary people in China did not recognize...

If you read too much, you will know it. Besides, you won’t know Chinese characters. You will always know the numbers above.

On the bill with a denomination of 500 yuan is Wang Yue's avatar, and on the next 100 yuan is Lin Tong's avatar. Then, according to age, on the ones fifty is Chen Xiaoya's avatar. On the ones twenty are Rourou, as for the remaining ten yuan, five yuan, two yuan, one yuan to a few cents, you can print some natural scenery and fool it.

While printing money, exchange points were set up in various places. The army supervised the exchange of new and old banknotes. As the Malgash people lined up to the exchange points and replaced the old Ariary with a brand new dragon yuan, the country completely became Yongning.

Then, His Majesty the King personally held a press conference and announced that a series of nationalization reforms would be carried out.

First of all, the railway is state-owned.

Yongning currently has three railway transportation lines with a total length of 673 kilometers. Among them, the te line (Antananarivo-East Coast) is 372 kilometers, connecting the capital to the port of Tamataf; the Ta line (Antananarivo-Anqirabe) is 159 kilometers, connecting the port of Tamataf, passing through Anqirabe and reaching the southern part of the country; the MLA line (Mulamanga-Alatra Lake) is 142 kilometers.

These railways are operated by the former Malgas Railway Company, but this is a privatized railway company, with only 25% of the equity in the Malgas government, and the main controlling party is a Belgian company.

This is easy to deal with. In the new Yongning National Railway Company, the 25% equity held by the original government remained unchanged. Then, all the remaining shareholders were naturally gone and confiscated and nationalized. Those who were not cleared out were not cleared out. Their equity was funded by His Majesty the King, including the part held by the Belgians, which was also funded by His Majesty the King. In the end, His Majesty the King basically accounted for 60% and the government accounted for 40%. Although it was a national railway company, it actually belonged to the royal family.

Of course, these railways were not worth anything at all. They were built during the Gaul colonial era. At that age, His Majesty the King was beyond the reach of the world.

Immediately afterwards, the new Yongning National Railway Company announced the ambitious Cross Railway Plan, which shocked the outside world.

Second, power is state-owned.

Integrate all domestic power generation enterprises and establish the State Power Corporation.

Currently, the existing power generation companies in Yongning Country are mainly state-owned former Malgas Hydropower Company, with power generation accounting for more than 60% of the country. There are two private power generation companies with special operating rights. The main controlling parties are Germany and Gallic. However, domestic power supply cannot meet the demand at all. Except for Antananarivo and the five major provincial capitals, there is basically no decent power supply in other places. The rural power coverage rate is less than one-tenth, making it one of the countries with the lowest power coverage rate in the world.

The new State Power Corporation is still jointly ventured by the royal family and the government, but the equity ratio of the company is reversed. After all, what Wang Yue needs to do is to buy two power plants in the hands of the Germans and the Gauls, and the state-owned hydropower company still accounts for the main body of the country's power supply.

However, this is only temporary, because the subsequent large-scale construction investment will be completely Wang Yue's. If the nuclear power plant in China is increased in terms of power generation, the gap will not be much, and at most two or three will be built. Now this country is not as popular as tens of millions of people, but the construction of the power grid requires huge capital. After all, most places in this country do not have wires, so it must carry out large-scale infrastructure construction.

"As the king of this country, I must allow every citizen of my country, whether in the city or in the countryside, to be honest, when I knew that my country was only one-tenth of the country had wires on the countryside, I couldn't believe my ears. It's really hard to believe how those governments had managed the country before? Can they not live without the shackles of the colonists?" His Majesty the King said contemptuously.

Well, although this is absurd, the journalists have to admit that without the shackles of colonists, most African countries do not know how to live.

Third, telecommunications business is state-owned.

The original three major telecom operators in this country have foreign backgrounds. Compared with the backwardness in other fields, the telecommunications here is not backward, and it has even entered the 4g era. Moreover, the number of mobile phone users has almost reached 100%. The nationalization reform in this regard is very simple. His Majesty the King invests in a full acquisition. Establish the State Telecom Corporation to monopolize all telephone, mobile phone, and network services, and then conduct network coverage nationwide.

Fourth, the radio and television system is state-owned.

This is necessary, and thoughts must be controlled in one's own hands. Yongning must have only the voice of His Majesty the King. You must know that the president who was not old in this country started his business with this thing. He was the boss of a private TV station and made a fortune in a radio station DJ. In the end, he was able to cause mutiny. This shows how easy it is for the people of this country to be impulsive.

fifth,

...

In short, except for state ownership, it is also state ownership. From the economy to media to education, everything is firmly in the hands of the country, or His Majesty the King.

Of course, Yongning is not a ruling country. This principled question must be adhered to. Parliament, election, these are all necessary, and the Constitution, and this must not be forgotten. The reason why they are all nationalized is because His Majesty the King is rich and has nothing to do with his army. Not to mention anything else, how much does it have to do with the 100 billion US dollars of national debt alone!

The treasury bonds worth a total of 100 billion US dollars are not issued by the Ministry of Finance, but are directly issued by His Majesty the King's Royal Bank and are directly sold to central banks of various countries. In other words, this is not money borrowed by the government, but by His Majesty the King. It is just that the government borrows loans from the Royal Bank. His Majesty will personally visit the world and sell them at home as the president of the Royal Bank.

Although in fact, His Majesty the King has not yet been appointed as a queen, most people on earth know the identities of Lin Tong and others. His fiancée came to borrow money in person, which is more than His Majesty came to him personally. Everyone knows that there is a fundamental difference between men's treatment of their wives and fiancées.

"The first stop to the Middle East. In the Middle East, you have to sell at least 30 billion. The Neizhi royal family has to buy at least 10 billion. The remaining three families in Kuwait, Qatar and Dubai have equally divided the remaining 20 billion."

Wang Yue lay on his dragon bed and said seriously to the Minister of Finance.

"What if they don't buy it?" the Chancellor of the Exchequer asked lazily.
Chapter completed!