Cabinet Renzo IV (Istalia)

Cabinet Renzo IV was the fourth Government cabinet of the Istalian Republic led by Mattia Renzo, from the Democratic Front.

In the aftermath of the 4426 elections, the two parties of the center-left coalition, Radical Alliance and Democratic Front, came respectively first and second party in Parliament securing 208 seats and so giving them the opportunity to form a government heavily dominated by the center-left coalition. President Aghar Yassen (AR), elected during the same elections, took the opportunity to have under him a government very close to his position and started immediatly the consultation mainly to find a partner with which form a leftist government. The choosen partner was the Farmer's Party which accorded its external support to a yellow gold-orange Govenrment.

Aghar Yassen graanted to the Farmer's Party tax reliefs and subsides in case of purchaise of production machinery and tools for the productive activities and also there were talks for a tax reform to face the budgetary deficit. Furthermore the Government was able to reform the nomination of the Governor of the Bank of Istalia so to bring back the responsability to the Government. Unfurtunately, this Government had to face the incoming economic slowdown opened by the so called Black Thursday, a financial blow occured at the Romula International Stock Exchange in the aftermath of the Majatran Alliance's crisis and due to the uncertainity derived by the foundation of the Union of Majatran Nations, a new continental organization aimed to succeed to the Alliance but about which many nations expressed their concerns contributing to the economic crisis.