Rusana: Difference between revisions

m
no edit summary
mNo edit summary
Tag: 2017 source edit
mNo edit summary
Tag: 2017 source edit
Line 244: Line 244:
| color3 =#00BFFF
| color3 =#00BFFF
}}
}}
Rusana has a mixed economy that is heavily slanted towards the primary sector and resource extraction. Agriculture, fishing, mining and oil extraction account for over forty percent of the national gross domestic product. The agriculture sector is the single largest employer in the country, accounting for some 25% of jobs. Despite this it suffers from chronic underfunding by government and decaying water infrastructure. Rusana depends on water sources located in Daxia for up to 35% of its needs. The current status and cubic meters of water alloted for Rusana are under constant renegotiation which creates uncertainty for Rusani farmers. Despite all these hurdles, Rusani olives and citruc are prized in the region for their high quality and taste. The mining and oil industries are mostly in the hands of Daxian companies due to the lack of funds and necessary technology by local companies to properly exploit these resources. The Rusani government typically enters in royalty sharing contracts with Daxian transnationals. Light industry and manufacturing that is not capital intensive represents the next largest sector of the economy, with a focus on consumer goods. This allows the Rusanan economy to cover the entire supply chain for many perishable goods that it in turns exports to parts of Audonia. Tourism was a moribund sector due to insecurity until only a few years ago but greater policing of tourist areas is leading to a bit of a small boom in visitors, which gives the local economy a much needed injection of foreign currency. Rusana has sizable proven reserves of natural gas, due to a lack of funds for investment to develop gas fields, the country has partnered mainly with Daxian gas companies to get the industry going. A Rusana-Daxia gas pipeline with the capacity to transport 2.3 billion cubic feet per day of dry gas is slated to be operational by the second quarter of 2032, with completion of the Rusana section at approximately 72%.  
Rusana has a mixed economy that is heavily slanted towards the primary sector and resource extraction. Agriculture, fishing, mining and oil extraction account for over forty percent of the national gross domestic product. The agriculture sector is the single largest employer in the country, accounting for some 25% of jobs. Despite this it suffers from chronic underfunding by government and decaying water infrastructure. Rusana depends on water sources located in [[Daxia]] for up to 35% of its needs. The current status and cubic meters of water alloted for Rusana are under constant renegotiation which creates uncertainty for Rusani farmers. Despite all these hurdles, Rusani olives and citruc are prized in the region for their high quality and taste.
 
The mining and oil industries are mostly in the hands of [[Daxia]]n companies due to the lack of funds and necessary technology by local companies to properly exploit these resources. The Rusani government typically enters in royalty sharing contracts with [[Daxia]]n transnationals. Light industry and manufacturing that is not capital intensive represents the next largest sector of the economy, with a focus on consumer goods. This allows the Rusanan economy to cover the entire supply chain for many perishable goods that it in turns exports to parts of [[Audonia]]. Tourism was a moribund sector due to insecurity until only a few years ago but greater policing of tourist areas is leading to a bit of a small boom in visitors, which gives the local economy a much needed injection of foreign currency.
 
Rusana has sizable proven reserves of natural gas, however due to a lack of funds for investment to develop gas fields, the country has partnered mainly with [[Daxia]]n gas companies to get the industry going. A Rusana-Daxia gas pipeline with the capacity to transport 2.3 billion cubic feet per day of dry gas is slated to be operational by the second quarter of 2032, with completion of the Rusana section at approximately 72%. Rusana also has modest domestic oil reserves, these reserves stand as of 2030 at 27.8 billion barrels of proven reserves. The national oil company continues exploration in tandem with foreign oil companies to discover new fields.
 
[[File:Soap4.jpg|thumb|Soapmaking workshop in [[Tabish]]]]
[[File:Soap4.jpg|thumb|Soapmaking workshop in [[Tabish]]]]
Supply inefficiencies, widespread corruption and political instability have proven to be persistent obstacles to sustained economig growth, averaging a growth of only 3% annually for the past ten years. The government has planned to adress many of the systemic economic problems with its 'Future Rusana 2050' plan which calls for tax reform, increased road, power and water infrastructure to boost regional connectivity, increased funding for security, the creation of a national anti corruption watchdog among other initiatives. The clear inability of the government to fund even half of these plans has led critics to believe that Daxian funding might eventually be brought in, with attached strings.
Supply inefficiencies, widespread corruption and political instability have proven to be persistent obstacles to sustained economig growth, averaging a growth of only 3% annually for the past ten years. The government has planned to adress many of the systemic economic problems with its 'Future Rusana 2050' plan which calls for tax reform, increased road, power and water infrastructure to boost regional connectivity, increased funding for security, the creation of a national anti corruption watchdog among other initiatives. The clear inability of the government to fund even half of these plans has led critics to believe that Daxian funding might eventually be brought in, with attached strings.