In recent months, a favourite State of the Indian Subcontinent has slowly but surely stepped into a serious stage of a pensive economic crisis. The BJJP, the governing body of the State, enticed many politicians, businessmen and economists to shift their business to the State.
Our Half and One reporter delved into the growing economic crisis of the state and uncovered a string of insufficient financial sector regulations. The Finance Minister, Money Trees stated, “we are ensuring that a great deal of the money will be restored in the next month and the crisis should disappear.”
What ails the economy of the state?
Shree Trees explained that “there is no reason for it, and we don’t know how this happened. We the government take no responsibility for this as we did not do anything wrong and did everything under the advisement of an accountant.”
Mr. Eazsey, a local contractor working on various State Government projects was selected as one of the ‘aspiring individuals’ that the State chose in regard to SGS or Secret Grant Scheme.
“I was chosen and hired by the Government to preside over a few Government projects, and my remuneration was reasonable. I was given the same executive compensation as the politicians of the State, a small amount of Rs. 1.2 crore per project.”
The Finance Minister who happened to be in a meeting at a local diner with the State’s Economic Advisor defended the ‘unnecessary’ and ‘unrealistically’ high salaries and bonuses given to individuals and said there was no connection between that and the financial situation of the state.
“The media is spreading false rumors! I would not describe this an economic crisis per se. The Central Bank already approved our request to mint and print more money,” Shree Trees expressed adamantly.