New Arova Announces Space Program

The Prime minister of New Arova, Mikaere Moana, stands infront of a lecturn adresssing a crowd of around 5,000 and camera crews so that the speech is broadcast around the country and around the world.
"Today marks the beginning of a new era for New Arova, thanks to kind discounts from an undisclosed nation we were able to purchase technology that will put our small island republic on the same level with the major world powers!"
The Crowd cheers.
"I am happy to announce the beginning of our very own space program!"
The Crowd cheers less then before.
"The space program will be using 75% of our excess budget, which at present is 1.1mk, even though this is around 100th of the size of other nations budgets, Our scientests tell me that assuming everything goes to plan, the first rocket launch within 5 years."