Read light novels, web novels, Chinese novels, Korean novels, Japanese novels and books online for FREE.
Font Size
18px
Now reading: Chapter 179 - 142: Encouraging Births, Three Major Studies ( from Empire Rising: Spain, a Historical novel by Crazy Art Jionglong.

Either directly serve the country, which can exempt all expenses at orphanages or foster hos. Or work and earn money to repay the debts once owed.

Speaking of subsidies and rewards for larger families, once passed by parliant, it was quickly submitted to the Cabinet Governnt for execution.

Since the introduction of the previous assessnt system, the administrative efficiency of various levels of governnt in Spain has greatly improved. There isn’t much choice, as poor assessnts lead to demotion without any leniency.

Several mayors of different cities have already been dismissed by their respective regional parliants. Concerning their positions and future prospects, these officials cannot afford not to take it seriously.

The docunt passed by parliant is rely a draft; the specifics of execution still depend on the Spanish Governnt’s financial situation.

When the draft was passed by parliant, Pri Minister Prim convened a cabinet eting, assigning the task to the departnts of civic affairs and finance.

After so ti of discussion, the departnts of civic affairs and finance finally proposed a more detailed plan for the "Subsidy and Reward Sche for Large Families."

The act specifies that those with 2 children or fewer are considered ordinary families. Beyond this, each additional child allows for a governnt subsidy.

The governnt subsidy is 25% of the local average annual inco, which currently, based on the national average, is around 26 Pessetas. The governnt subsidy can be claid once a year or directly transferred to the family’s linked official bank account.

Besides the governnt subsidy, families with many children also receive certain rewards. For instance, families with over 5 children are given priority when Spanish state-owned or Royal Family enterprises recruit employees.

For families with more than 8 children, they are featured in the local newspaper and awarded the title of "Heroic Parents" by the local governnt.

Families with more than 10 children may receive a personal eting with Carlo, and are awarded the Spanish "Heroic Parents" title, receiving invitations to every official Spanish Governnt event organized.

Although the corresponding subsidies and rewards are not very generous, for so families that originally have more than 2 children, it indeed offers an additional inco.

The local 25% average annual inco subsidy is not much, but adding up the subsidies for several children can reach the level of one adult’s annual inco.

With the continuous increase in average annual inco, having more children can indeed beco one of the choices for Spaniards, considering that reproduction was one of the few entertainnts available to common people of the ti.

Considering Spain’s ever-changing population and economic scale, this act is temporarily enforced and may undergo changes in the future.

For the Spanish Governnt, this act does not account for significant expenditure. If a newborn can receive a 26 Pesseta governnt subsidy, with the projected newborn count next year at about 200,000,

it ans the governnt only needs to bear about 5.2 million Pessetas in subsidies to stimulate a higher extent of population growth in Spain.

Moreover, so newborns do not belong to families with more than two children, reducing the governnt’s required subsidy expenditure.

This is akin to achieving great results with little cost. The Spanish Governnt’s fiscal revenue is constantly increasing, and 5 million Pessetas indeed does not constitute a large expenditure for the current Spanish Governnt.

When approving this budget, the Ministry of Finance hardly blinked. The Minister of Finance even considered increasing the subsidy beyond the act’s provisions to further incentivize Spain’s population growth rate, if not for the concerns that excessive subsidies might not be beneficial.

After the enactnt of the policy, Carlo didn’t pay much attention anymore.

After all, the execution of the policy is the governnt’s responsibility, and excessive attention from Carlo could harm the good relationship with Pri Minister Prim.

Carlo has great confidence in Pri Minister Prim. The fact that the policy passed through parliant proves Pri Minister Prim’s support for the policy.

The only possible change might be the strength of subsidies for families with many children, which could be altered after Carlo takes power, as it is not an urgent matter.

Christmas of 1872 has passed, and Carlo’s current concern is the approaching economic crisis in 1873.

Fortunately, the impending economic crisis seems to have little impact on Spain.

It is understandable; compared to the major powers, Spain’s industry and economic scale are not large, so the impact is naturally less.

Furthermore, the Spanish Governnt’s dostic reforms have allowed Spain’s economy to experience stable growth, without excessive and flamboyant surges.

Even the production in many industrial sectors is insufficient to et dostic demand in Spain, eliminating the possibility of an economic crisis outbreak.

Carlo has been closely monitoring Spain’s stock and industrial markets, and only after confirming that Spain will not be severely impacted by the economic crisis did he finally breathe a sigh of relief.

Although the economic crisis of 1873 wasn’t particularly massive, it lasted quite a long ti, causing significant impacts.

If the nascent Spain had been severely affected by an economic crisis, it would have been a devastating blow to Spain’s industrial and economic developnt.

You are reading Empire Rising: Spain Chapter 179 - 142: Encouraging Births, Three Major Studies ( on WuxiaFull. Use Previous, Chapter List, or Next to continue.
Share this chapter
Bookmark saves this novel to your account. Reading History keeps recent chapters in this browser.
Continuous reading

You May Also Like

The Slender Waist cover
Same genre

The Slender Waist

Si Jin ·Historical

Thedaythecityfell,FengYunwastreatedbyherfatherasaspoilofwarandpresentedtotheenemygeneral.Everyonepitiedher,soontobeacaptive,plungingintoafierypit.Y...

User Comments

0 comments from readers

Post Comment
By posting a comment, you agree to all relevant terms.
There are currently no comments. Join the community and start the discussion.
Please create an account or sign in to post a comment.