A plan is what we needed... fortunately i have one.
First let us ensure that our ministers don't do things we don't want.
Industry: Order to stock military materials, we will need them.
Research: Lock minister from research spending, he can suggest designs and techs.
Finance: Lock minister from social spending, from taxation and from bonds. Put social spending at 100% in all areas, decrease tax in unemployment, property and pension to 1.5%. Because of our actual finance situation we will not change the other tax settings yet. At the long run, though, i plan to decrease them, specially the sales tax in order to improve consumption, but not now that we don't produce enough of almost anything.
Military: Lock minister from military spending and garrison control. All fabrication in human hands. The ROE sets changed to initiative high, contact to engage. Units are not available for minister atm.
Now to our plan. The first step is clear: we need more money.
First step: Money! Money makes the world ....Money. We need billions. Money will allow us to begin some construction plans, will allow us to buy some techs and designs and will, hopefully, allow us to buy peace with China as soon as they declare war. Don't worry, we will fight China soon, but it will in our terms.
So we must make some billions in a few days. Easy, what? But, how to do it? Well, the same as in real life: lets trade worldwide. Unfortunately we have no resources to trade for, so we must begin trading unit designs and/or techs. We have almost no design or tech that anyone would like to buy though, thus what we need is to spend some millions to make some billions.
What we are looking for is a unit design that we can achieve to buy with our 421 mill and that would be bought by all countries in the world. There are many, we must just search for them. Fortunately i know one that fulfill those conditions: the spanish air transport unit design CN-295.
I send the trade proposal to Spain. They want 204 mill for the design. Ouch! Half of our budget. But it is just an investment. We accept. Now we pause the game again.
Time to trade. We send a trade proposal to every and each country in the world that could buy it (in this case the country must have more than 2 bill budget). Just be sure the trade bar is always green before sending.
After one day we have already 10 bill. On the 4th day all trades are closed and our budget shows 23 bill. Nice.
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In between i have ordered the construction of 1 Industrial, 1 Consumer and 1 Military goods production facilites. These are basic and we want to have them online as soon as possible. So i decide to build the first military units: engineers to speed building up. I will build 2 stacks of 6 engineers. Our land unit building capacity is 3, so it will take some time to build them.
We are not done yet with making money. Soon we will begin with another trade run for another design and repeat the process until we have about 200 bill.
But first, now that we have the cash, lets see if we can find a nice infantry design to make the bulk of our future army. Also we will look around for a good tank design. Lets face it, with our current tech level and our low population we have no other choice than look for designs that ensure low casualties in war or our WC will finish almost before it started.
Meanwhile trade goes on. We buy and trade some unit designs and even some techs like the "air defense sites" one. I am trying to trade only designs or techs that can actually help the AIs. I try to avoid techs or units that would make no difference for them.
The result of our trade efforts: On 10th January 2020 our budget shows 264 bill and we have even bought some new unit designs and techs for ourselves

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Next step: How to improve our military.