Chereads / King / Chapter 729 - Chapter 27, The Clash Between the Old and New Nobility_1

Chapter 729 - Chapter 27, The Clash Between the Old and New Nobility_1

The proposal for the military budget has passed, but it does not mean that today's meeting is over. The massive debt is still the most significant issue plaguing the Alpha Kingdom.

According to past precedent, after each invasion has ended, the creditors would routinely announce the partial debt relief of the kingdom.

The remaining money, though still difficult to repay, remained within the kingdom's financial capacity.

But with the decline of the Orc Empire, this substantial debt relief naturally ended.

Over a year after the war ended, the Department of Foreign Affairs has held multiple negotiations with creditors, all of which have ended fruitlessly.

Let alone reducing the principal debt, even the funds interest couldn't be lessened by a single penny.

"Last autumn's taxes were bonds issued by the kingdom. You all should be aware of the quality of this year's spring taxes.

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