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DispatchFactbookEconomy

by The Confederacy of Nebetia. . 1 reads.

Economy

Nebetia has a petroleum-based economy, petroleum is the main export product. The Nebetia lira is among the highest-valued unit of currencies in the world. Petroleum accounts for half of GDP and 90% of government income. Non-petroleum industries include financial services. In the past five years, there has been a significant rise in entrepreneurship and small business start-ups in Nebetia. The informal sector is also on the rise, mainly due to the popularity of social media businesses.

Nebetia is a major source of foreign economic assistance to other states through the Nebetia Fund for Southern Adulan Economic Development, an autonomous state institution created in 1961 on the pattern of international development agencies. In 1974, the fund's lending mandate was expanded to include all developing countries in the world.

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