Eliminating Poverty

Financial Policy
Organizing Local Currency and Foreign Currency

Our financial policy will be structured in consultation with the government of each country–the sky will be the limit of our achievements. We will move in every direction until we have achieved the target of eliminating all levels of poverty in the world.

We will start by engaging the farmers and giving them double the minimum wages in the country. At the same time we will engage construction companies to quickly build comfortable houses for the farmers in new villages located on the land. (Please refer to chart in Appendix A, ‘Suggested Starting Point for forty Countries’.)

We will also organize the supply of air conditioned tractors in order to reduce the fatigue of farming. This will give us the joy of alleviating poverty right from the beginning of the project.

It is our joy to state that our programme to eliminate poverty will be fulfilled at the start of the project, unlike any other project for which one has to wait for fulfilment until the project comes to an end.

Our Financial Policy is based on two aspects–local currency and foreign currency:

1. Local Currency–As far as possible, local expenses needed for the construction of comfortable houses for the farmers and all other expenses for infrastructure and start-up costs will be met from the local currency provided as loans for the projects by the local banks. These loans will be paid back to the local banks according to the local system of repayment for agricultural loans, housing loans, as well as other kinds of loans to provide amenities such as air conditioning to improve the quality of life of the poor.

In case there is some limitation to this arrangement in any country, we will organize financing either through coupons, or through bonds issued with the government’s consent. (Refer to ‘The Coupon Principle–Today’s Coupon is Tomorrow’s Hard Currency’ on page 11).

In countries where such local arrangements may not be possible or sufficient, the project will be financed by outside sources. Our pious goal is to remove poverty as soon as possible. From where we organize financing is not important; the important goal is to eliminate poverty right from the start of the project.

How money comes and from where it comes is something we will handle to achieve the pious goal. We are confident that for this pious purpose money will flow from wherever it is.

As soon as the land is allocated for the project we will start the Poverty Removal Programme and it will bring the sympathy and support of the wealthy individuals and organizations in the world, and this will continue to strengthen the progress of the project.

What is required is for the governments to allocate half of their unutilize&d land with agricultural potential to the Poverty Removal Programme.

The country will be glorified from 25% of the profits of the project. (Refer to section ‘Glorifying the Nation with the Profits from the Project’ below.)

2. Foreign Currency–needed for importing agricultural and other machinery and equipment to set up transport and communication systems, etc., will be paid with the foreign currency generated by the export from organic farming.