Economy and Government Budget of the Union

The Economy of Totzka
The Totzka's Union is a developing mixed economy due to the access to power private commercial interests have to government through the Government Executive Section 7, the Council of National Resources. Section 7 is composed of representatives from Totzka's largest domestic companies such as CS Grão, Sao Tiago Corporação de Comida, Petroco, Petroquímica de Totzka, Ladrões de Crianças and Corporação Independente de Mineração along with representatives from foreign companies that operate within Totzka and the Totzkan government. The line between private and public enterprise within Totzka can be blurred and both the government and corporations are accused of being in each other's influence. Section 7 has been described as both a cartel where business and corrupt government officials dictate the future of Totzka and as a shouting chamber where the two groups try to force a compromise between each other.

On the other end of the market, retail and other private consumer-focused enterprises are typically handled through small local businesses. In 2010 Over 40% of all working Totzkan's were self-employed. Successive governments have maintained a policy of limited government regulation over over private enterprise and very little bureaucracy is involved in the creation of limited business. Provincial governments in South Totzka have attempted to stimulate the economy with grants to small businesses without any oversight of these proposed enterprises. As a result Totzka has developed a substantial and growing Underground economy dominated by the trade of small arms and drugs. It is also a well known source of cheap everyday goods that are of a higher quality than the average Totzkan can afford and Totzkans sometimes affectionately refer to the black economy as the "Pouco Comércio."

Key Industries and Sectors
Agriculture

Around 45% of working Totzkans are estimated to be employed in the agricultural sector and, along with fishing and forestry, it contributes $142,646,683,648 (38%) to Totzka's total GDP. Until the Totzkan revolution of 1961 to 1979 many Totzkans, especially in Pamilya, Territorio de Leste and the Ilha de Totzka, lived off subsistence farming. After the revolution widespread urbanisation, combined with the impact of 18 years of conflict, saw the agricultural sector decline from 1980 to 2005. President Korrapati started an initiative in the mid 2000s to revive the sector through improvements in irrigation, technology, application of modern agricultural practices and provision of agricultural credit and subsidies.In mordern Totzka most commercial farms and fisheries have contracts with Totzka's two agricultural giants CS Grão and Sao Tiago Corporação de Comida who exclusively supply Totzka's agricultural exports. Farms that are not associated with eith company typically sell to local markets. Cattle meat, Goat meat, fish, rice, cotton and spices dominate the sector. There are an estimated 23 million cattle living in Totzka and in 2014-2015 over 19 million tonnes of rice were produced.

Petrochemicals

Totzka is estimated to have around 80 million metric tonnes of oil reserves concentrated in oil sands in the Yhaivan desert. Initially attempts to exploit Totzka's crude bitumen reserves where made in the 1920s during the reign of Viceroy Asygno Indra Amancio however the cost associated with extracting and processing made developing a profitable oil industry impossible. A second attempt was made under the second president of Totzkan Union, Suraj Chirapati, with a focus on developing a sustainable petrochemical industry that would add value. With this view the nationalised Petroquímica de Totzka was created. It was privatised in 1991 when the Partido de Libertação Unido, took control of the Comissão Popular. Although crude oil is extracted from the Yhai desert the largest chemical plants in Totzka are the PT Refinement Plant in Drijina and Petroco Complex in Ostrivica. Together they produce 2.1 million tonnes of petrochemicals a day, including Ethene, Propene, Butene, Xylenes and Synthesis gas. The Petrochemical industry accounts for $75,077,201,920 (20%) of Totzka's GDP and employs 31% of Totzka's workforce.

Mining
With vast mineral deposits in Eastern Totzka mining has been one of Totzka's economic pillars since the bronze age. The Totzkan government strongly supports foreign investment in the sector and has modified its mining industry laws and regulations to create a favourable investing environment for foreigners. Thanks to a large amount of lithium, nickel, tin and aluminium resources, pro-business legislation and a healthy investment environment, Totzka can be considered one of the mining giants of the Western Isles.

Lithium
During the 1950s the Pamil Republic discovered and began exploiting the vast deposits of lithium ore located in the former nation's south. Hundreds of Ethno-Unions, largely from the Magkawan branch, migrated south to begin mining and producing Lithium. in 1953, the height of the rush, over the 700 companies relating to the production of Lithium were created. Following the Totzkan Revolution and Pamilya's unification with the rest of Totzka many of these companies were bought under the umbrella of the state-owned Metais Unidos. Metais Unidos was opened to public investment in the 1991 when the Partido de Libertação Unido took power and, including the associated battery-producing industry today remains the province of Pamilya's largest industry. In 2017 Totzkan mines were estimated to have produced a little over 10,200 tonnes of lithium.

Cobalt and Nickel
Large deposits of Nickel can be found beneath the Yhai steppe in North-Eastern Totzka. In 2018 around 80,000 metric tonnes of Nickel were extracted from Yhaiva. Nickel ore extracted from Yhaiva is typically sent to plants in South Totzka and Pamilya where it is refined and cobalt extracted as a by-product with 25,625 tonnes of Cobalt being produced in Totzka in 2018.

Steel
Steel is one of Totzka's oldest industries, growing rapidly in the 18th century when the Viceregal government of South Totzka became dependent on the sale of steel to Portugal. Fears of iron shortages in the traditional mining areas of the Grand Interior prompted the invasion of Yhaiva, to seize it's rich in untapped mineral deposits, in 1901. The industry declined throughout the 20th century and today the industry only accounts of 7% of Totzka's GDP and employs less than 10% of it's workforce.

Construction
Totzka is a regional exporter of low-cost construction work. Construction workers from Totzka, called Mãos Baratas, are regularly sent abroad to complete the construction projects of other countries, typically be transported and living on large boats (because of this most construction work done by the Mãos baratas is typically on the coast). Occasional these workers have been known to settle abroad and have become to constitute a large amount of Totzka diaspora. Within Totzka there are two competing construction exporters Pessoal de Logística de Construção, the larger company that typically provides personnel for projects initiated and designed by a third party company, and Agência de Construção Profissional, a smaller company that actually provides planning for projects. Together they employ 8% of Totzka's workforce.

Information Technology
The small emerging IT industry us quickly becoming a staple of the urban coast and creating a class of educated professionals that stand out from the typical Totzkan labourer. This industry, attributed to the low cost to skill ratio of the workers, is coming to dominate the service industry, coming to constitute 5% of the nations GDP. although is still employs less than 1% of the workforce.

Exports	Export Revenue (USD) (2017)	% of export revenue (2017)
Meat (beef, goat)	$2,325,763,432	14%
Cotton	$1,495,133,635	9%
Spices (Ginger, Ajwain, Long pepper)	$1,162,881,716	7%
Lithium	$664,503,837	4%
Petrochemicals (Ethene, Propene, Butene, Xylenes)	$3,488,645,148	21%
Synthetic Fabrics (Nylon, Polyester)	$2,990,267,270	18%
Nickel	$1,993,511,513	12%
Cobalt	$1,164,881,716	7%
Steel	$996,755,756	6%
Other	$322,251,918	2%
Total	$16,610,594,946	100%

Council of National Resources
The Council of National Resources, or Conselho de Recursos Nacionais and commonly called CRN, is a government body responsible for coordinating government policy with the interests of Totzka’s largest corporations. It is the seventh of the nine Federal Section’s which make up the Federal Government of the Totzka Union and usually designated within the government as Seção Federal 7 or SF7.

The CRN is composed of representatives from the most significant corporations that operate within Totzka and is chaired by a nominee of the President of the Totzkan Union whose position is dependent on the confidence of the Council’s other members. The Chairman may enact law relating to the field of industry which is subject to the approval of Totzka’s legislature, the Comissão Popular. The current chairman of the council is Anupam Santana.

The CRN was formed during the early years of Suraj Chirapati’s presidency (1983-1991) and originally controlled almost all aspects of Totzka’s economy. The CRN also held responsibility over Chirapati’s ambitious plans to nationalise and redistribute every acre of land within Totzka. As Totzkan industry was increasingly privatised during the presidencies of Ado’Rosmakona Iagano (1991-1995) and Desidéria Lorena Sharma (1995-2003) the CRN became more democratic transitioning from a top-down structure to a cabinet-like talking shop and policy making body. Rampant cronyism saw many of the President Rohan Siva Amrit Korrapati’s (2003-2014) allies gain seats on the council and the Totzkan economy was carved up among a few individuals. Following Korrapati’s impeachment in 2014 many of his former associates, who retained their seats on the council, staunchly opposed his successor, Francisco Améro (2015-). To combat their influence Améro loosed up Totzka’s punitive foreign investment laws and opening up the nation’s domestic industries to foreign competition, allowing representatives from companies across Totzka to take a seat on the council.

Company	Industry	Headquarters
Rambutan Electronics	Electronic Manufacturing	Survunia (Negarakita)
SuvurOil	Energy Extraction/ Refining	Survunia (Negarakita)
Jahat Mineral Company	Mining and Refining	Survunia (Negarakita)
South Sanggaric Mining Company	Mining and Refining	Survunia (Negarakita)
Almorean Oil Consortium	Energy Extraction/ Refining	Almorea
Campinas Co	Metallurgy	Dragao do mar
Caju Inc	Beverage	Dragao do mar
Potência	Automotive	Dragao do mar