The Economic Analyst
Orharans need for diversification
Friday 18.04.2025
Orharans economy is doing great!
The economic situation for Orharan is currently blooming, the official opening of the Rafahran-Dam earlyer this month promisses new economic growth in Mantageh Miani, specifically Rafahran itself, the plans of Orharoil, the state owned oil drilling and processing company, to tap new oil fields in the nation and open up thousands of new jobs, as well as the growing export of orharanian goods all indicate that our nation is doing great.
Dependency on Oil
However this current state that our economy is in right now is not granted and won’t be able to uphold our nations prosperity and living standards. Oil is a finite ressource, with the first oil fields being closed down 11 years ago. Eventhough Orharan still has some of it’s biggest oil fields active and can propably keep them running for 18 years, leading economists start to give out warnings. Our nation is too reliant on it’s production and refining of oil and other natural ressources, with our healthcare fund being partially financed by Oilharans capital gains.
IT or farming? - How to make Orharans economy sustainable?
The question on possible solutions is as difficuilt to answer as the problem itself is to handle. Some economists point at the growing IT-sector developing it Orhar stating that it gives the chance to create new job opportunities and even enhance the orharanian manufacturing sector, making it more interesting for foreign companies to invest in means of production.
Others state that, especially in the rual regions of orharan close to our rivers, we should invest in irrigation and our agriculture to catch the people dropping out of their jobs in the oil production and offering new job opportunities.
Investments are believed to help orharanian economy
Luckily the current orharanian government is aware of this problem as it has started giving out subsidies to different economic fields and giving tax write-offs to newly founded companies in order to help individuals found their own corporations. Additionally the ministry of education, technology and research has announced that the government will start to invest more money in research facilities in order to keep our nation one of the top modernized nations in pacifica and being more attractive for companies world-wide to invest into R&D from Orharan.