Getting A System In A Modern World

Chapter 268: Revitalising Venezuela's Economy

It's been two days since Silas and his family arrived at Venezuela. Silas spent the past two days at home, helping his family to settle them into the new environment.

Unlike what Silas initially thought, they were able to adapt to their new environment very quickly. The major reason for this is because Silas made sure you provide whether he knew that they could possibly need.

Their new house in Venezuela is a massive estate that's located close to the government house and one of the most secured, and prestigious part of the country.

Silas chose the location for security reasons and the easily accessible amenities that are in place.

For an ordinary Venezuelan and even the wealthiest people in the country, gaining access to such a location is almost and beyond impossible. Getting a house in such a place would be like a dream come true.

Silas was also worried that his family won't like the place due to the opulence but they proved to be understanding as they took it far better than he expected.

During these two days, Silas, his father and Kim would always vist Alex and keep him company.

Things moved progressingly well and those two days finally came to an end, and it's now time for Silas to get to work.

The first thing that Silas plans to do is to revitalize the Venezuela's economy while also retraining its military.

For Kurt Technologies to grow in the country, the economy would have to be in a far more better state than it is tight now. It is only when the economy is healthy and the people are happy, can he be able to achieve what he wants.

President Yusmaorobis has been doing a good job of improving the economy but for Silas, the progress has been painfully slow.

He intends to build a business empire in the country and also transformed the country into an economic, and military world power. But with the rate at which things are progressing, that dream might never be achieved.

As things stand right now, Venezuela has a debt profile of $4.2 trillion. Paying off such a debt is a pipe dream with how the ridiculously deplorable the economy is.

And to make things worse, they need to borrow more to if they want to undertake any project. This is due to them being unable to generate sufficient revenue needed and it's the reason why it's getting increasingly difficult for them to borrow more.

But all these had changed after Silas created the bank. The sourcing of funds has become easier for them and multiple projects are now being undertaken.

According to the information that Luna gave him, in less than two months of the country of the bank being in operation, Venezuela has borrowed more than $50 billion.

Yes, $50 billion dollars. Silas was initially surprised when he heard this but that feeling cleared after Luna explained to him how the money was spent.

Even though Silas has purged the rats in the country, he was fully aware that there are still corrupt politician and government officials that are yet to be taken care of.

Taking out the corrupt individuals that are in decision making positions is also something that Silas plans to do but not immediately. Your journey continues with m v|l--NovelFire

As for now, he would allow them the opportunity to change but if they as do so little to hinder his plan, he won't be nice.

"The first thing that would be needed is to stabilize the country's currency and control the inflation rate. I can't have the interest rate and exchange rate fluctuating so much. Something has to be done about it," Silas said as he thought of how to go about his plan of revitalizing Venezuela's economy.

"Reviving and rebuilding the country's oil industry is a also a very good idea. Venezuela is one of the highest oil producing countries in the world and even with how bad their economy is, that doesn't change.

It I can get the oil industry up and running again by even 30% of its former glory, then things won't be as difficult as it is now," Silas said as he continued to table out his plans.

Venezuela wouldn't be in their present state if it wasn't due to corruption and mismanagement of funds. This is something that Silas was fully aware of.

"The debt also has to be paid but all won't be paid immediately. Those with high interest rate would be paid off and that of those that has been breathing down the country's neck.

But all these would only be after significant improvements has been seen in the country's economic state. It's very easy if I want to clear the debt profile but that would raise too much suspicions."

It the country hasn't improved in any way significantly and yet the government is able to fork out more than $4.2 trillion to pay off debts? If that won't raise suspicion, then he has no idea what will.

Silas couldn't help but scratch his head as he felt a headache coming on due to him thinking of the plan.

"Improving myself is already hard enough, now I have uo think of how to improve the lives of tens of millions of people. So exhausting."

"I really respect those political leaders that are doing a solid job moving their country forward."

Still, Silas knew that he can only start seeing results after actions has been take and the work has been done. He immediately decided to put a call through to President Yusmairoubis, so that he can kick his plan into action.

"Mr Silas," President Yusmairoubis said as he picked up his phone.

"Yes, Mr Yusmairoubis, I would like you to do something for me."

"What is it? If it's something I can do, then I would."

"Mr Yusmairoubis, I want full control of the oil fields in the country. I wanted to create an integrated oil and gas company, and I would be needing oil fields for operations. Can you do that for me?" Silas asked.

The reason he asked is because Venezuela's oil sector is state owned. This is also one of the reasons why the sector is in its current state.

There was a brief silence as President Yusmairoubis thought of what Silas said. He knew that giving Silas the oil fields would be in the best interest of the company as he would be able to revive it faster than they can.

But giving him won't be that easy as a lot of things has to be done first. Meeting has to be called and everyone has to bare their fangs at him but when he thought of who he's giving them to, he smiled and said screw them in his heart.

"Ok, let me process the relevant paperworks and get back to you," He replied.

"Thank you, Mr Yusmairoubis. I will be expecting to hear from you soon."Silas said and hung up.

"Well, that has been delegated. Next to other things."