Nadiya

[Svetlana]

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Since Alexandra Bacque election as the governor of the Nadiyan Central Bank following Evelina's resignation, she has proven herself to be the most worthy of Maximovna's legacy. She has not only been able to keep the NCB's profit margins above 4% and maintain a tight control over the Confederation's finances, she has also managed to expand the influence of the Terran Economic Forum over the state apparatus during a period where states turn to dirigism.

During the annual winter edition of the TEF, Bacque was the speaker for the conference called "Banks, Capital Flow, and the Impact of Budgets: How Can Deliver A Healthy Budget Without Falling for Debt Loops?". During the discussion, argued that the only reason Nadiya has been capable of staying debt-free and relevant economically is mainly thanks to the NCB's iron grip over the country's budget and financial decisions through the use of their constitutionally-given powers. This makes the NCB stand alone as the sole central bank authority in Terra to not only be able to hijack their country's budget and supreme financial decisions, they also elect their governors in a such way that no matter what the legislature or executive branches of power try to influence the vote, the final decision is always made on pure financial grounds.

Furthermore during this edition of the TEF, the CEO of the Nadiyan Petroleum & Natural Gas Compound, Nadcomp, Protasova Katusha headlined a conference talking about "Petroleum, Refinement, and the Undeniable Involvement of Fossil Fuels in Everyday Life" had announced that the Nadiyan state-owned has doubled its profits and consumer base. The main reason for this massive success mainly comes down to the effects of the PISS project finally being completed and enter their full exploitation stages which allowed for the corporation to quickly outpace their rivals the Lodamunese-owned Neftkomp, and the Hutoirian-owned energy companies and easily take the lead in the Confederation.

With its new refining and treatment capabilities, Nadcomp was able to massive expand their energy and export portfolio to better suite new consumers that came moving thanks to the massive reach the Yeudis have when it comes to shipping. The consumer base for Nadcomp went from being Kerisian dominated to being Dovanian dominated since the company offers competitive prices and finance plans for disadvantaged and poor countries which allows them to buy any form of Nadiyan gas and petrol that suits their local needs and capability. On top of that, the fact that Nadiya has an extremely sweet and good quality petrol that's easily consumable and refinable unlike Vascania's heavy crude sour petrol that's expensive to extract and even more costly to refine has positioned Nadiya as the preferred candidate for reliable long-term fossil fuel supplies.

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Written by @LoveFM