
The most important thing is to establish a money printing bureau in the main branch of Bank Nusantara in charge of printing paper money.
The planned banknotes include 10 gold, 20 gold, 50 gold and 100 gold. There would be no copper or silver banknotes, and no number less than 10 gold.
Based on the thinking of Sabil Fatah, paper money will be a top class currency and is mainly used for buying and selling goods. As for daily expenses, it is still done with copper, silver, and gold coins.
All that Heru Cokro needs to do is to buy the Paper Making Technical Guide and the Printing Technique Technical Guide, blueprint paper workshop and printing.
Fortunately, Fatimah had to discuss with the Maimun Trade Union about establishing a branch in Java Dwipa, so Heru Cokro handed over all the responsibility of the acquisition to her. He also asked him to recruit some experienced craftsmen through the Maimun Trade Union.
Taking advantage of this opportunity, Fatimah raised the topic of changing finances and taxes. “As the economy grows past its growth period and begins to prosper, the tax rates set at the beginning of privatization are not appropriate. Financial Bureau feels it's time for us to raise taxes.”
Heru Cokro remained silent. When he set the tax rate beforehand, his goal was to motivate craftsmen and trade to nurture the economy.
This proves that the original idea was correct. Under low taxes and low interest rate loans from Bank Nusantara, privatization has grown rapidly, and the territory's tax returns are increasing day by day.
But as Fatimah mentioned, since their goal has been achieved, the adjustment of the tax rate to the normal level is required. Otherwise, as the region's economy develops, the region's finances will not be profitable. Raising tax rates and financial benefits is not to get more gold, but to give them funds to do better projects and for the public good.
“In the opinion of the Financial Bureau, the tax rate should be adjusted to what level?” Heru Cokro asked.
“5%.”
“5%? This is the last answer from the Financial Bureau?”
“No, the most suitable rate is 1/15, just that.” Fatimah is a bit doubtful.
“What's all?”
“Financial Bureau is afraid if we raise it so quickly, people will not be happy.”
Heru Cokro shook his head. “Tax rates are an important part of the administration. We cannot keep changing it and have to keep it at a stable level. Because we need to change it, we have to do it once and for all. Maybe there will be a little pressure, but we still have to deal with it.”
"Understood." With the support of Heru Cokro, Fatimah will get more support to encourage this. “In addition to taxes, there is also income from the affiliate region. The Financial Bureau feels that the affiliate territory should give us 70% of their taxes, and then the residence of the ruler will assign and handle it.”
Heru Cokro frowned. Financial matters are not independent bodies, and should be done in conjunction with administrative matters.
“Let the Financial Bureau consider the views of the economic adviser, and give me a full tax change report. After upgrading the region, then we will discuss the exact steps.” Heru Cokro postponed the advice of the Financial Bureau.
"okay!" Siti Fatimah is slightly demoralized.
Over the next few days, Jawa Dwipa started to get busy for their improvement mission.
At the same time, the Maimun Trade Union also set up shop in Java Dwipa selling rare items such as glassware, spices, jade decorations, etc.
This establishment will be able to stimulate exports and also increase the sources of imports, improve the sales structure and improve the economy. In addition, the Maimun Family bank is also interested in Java Dwipa to compete with Bank Nusantara. If the loan from Bank Nusantara for daily life, then the Maimun Family bank is purely for investment.
Be it the pottery factory or the pearl cultivation base of Gedongkedoan Lake, all of them became the investment target of Maimun Family bank.
All the workshops invested in all of this welcome a major change.
Towards this outside investment, Heru Cokro accepted it all. Of course, industries and businesses controlled by the Financial Bureau are not included.
For the next step, Heru Cokro plans to lay down fields and logging camps to list them as investable goods, leaving the Bureau of Material Reserves with strategic resources such as copper, iron, and gold mines.
All this is done to shape the economy of the region.
What the Maimun Trade Union brought was not only products and funds, but also craftsmen in large quantities. On the business road, they built a magnificent restaurant, Taman Jawa Dwipa.
Taman Jawa Dwipa combines food, lodging, and entertainment into one. Dozens of chefs bring a variety of delicacies from across the country, with actors hired to perform daily.
No wonder one of Bhaksana Resto's shareholders, Laxmi kept shouting, "The wolf is here!"
For this kind of competition, of course Heru Cokro would not interfere. Because the survival or not of the restaurant depends on the ability of Renata.
With the help of trade unions, it was like an injection of fresh water into the economy of Java Dwipa, so of course Heru Cokro was very optimistic.
On the third Mission of the cultural festival, the Administration Bureau also made some progress.
The opinion of Kawis Guwa and Bahaudin Nur Salam is to hold a temple exhibition of eight majestic wasu gods. During the cultural cycle, Heru Cokro did have such thoughts, but due to certain restrictions, he was unable to do so.
As time changed, Java Dwipa today is naturally unlike Java Dwipa before. It already had the ability to hold festivals, and with the addition of the Maimun Trade Union, it further strengthened the Javanese base of Dwipa.
One of the requirements of the mission is that the festival should have a certain degree of influence. Because it needs to have influence, those who try the Eight Wasu Temple Fair cannot be restricted to the Javanese commoners of Dwipa, and must have some visitors from outside.
Heru Cokro first thought of an ally in the Java Dwipa Alliance. But thinking about it again, they were all players and the numbers were not many, so they would have no influence.
In the end, Bahaudin Nur Salam had an idea. He suggested to spread the word that eight wasu temples had appeared in Java Dwipa to Java Island to attract sages, merchants, and civilians to attend.
Heru Cokro hit his own head and felt stupid, then immediately told the office in Jakarta.
To achieve greater effect, Bahaudin Nur Salam even exaggerated the origins of the eight god wasu temple and wrote a descriptive essay, attaching it to the office door.