Finance Minister announces plans to pull the plug on the zalot in Riro
Finance Minister Petar Zhelev
KRASIMIR, KRASIMIR - At a press conference during lunchtime today, Finance Minister Petar Zhelev stated his intentions to discontinue the use of the Katranjian zalot in Riro following its unification with Namor on New Year's Day, 2018.
Zhelev told reporters that "with the impending unification [of Riro] with Namor, combined with the fact that the usage of the Katranjian zalot in Riro has decreased by over 80% in favor of the Namorese ramon, it has become quite clear that the agreement signed between the Riroese and Katranjian governments [in 2014] to phase out the zalot over a ten-year period has not only underestimated the ability of the Riroese to switch from the zalot to ramon in a shorter amount of time than many experts have predicted but also has been overtaken by events."
"Thus, the Finance Ministry of the Kingdom of Katranjiev has proposed that following the unification of Riro with Namor, the Katranjian zalot shall be discontinued completely within Riro, and be fully replaced with the Namorese ramon within no more than a month following unification," Zhelev declared.
When asked about whether it was connected to Ling Mon's controversial proposal to ban Queen Elis from Riro if elected Premier after it becomes part of the People's Republic of Namor, Zhelev said that "it has nothing to do with the proposal made by President Ling Mon: as a matter of fact, this matter [of discontinuing the zalot in Riro] has been under consideration since the agreement [between Namor and Riro] was signed in August."
Currently, no official from Namor or Riro has issued an official statement concerning the statements issued by the Finance Ministry.