This is a report on income and expenses for the last 30 days, from 1759 to 1788 of the New World. We will be comparing figures against the previous period reviewed from 1724 to 1753
With the reduced income previously our income was dropping fast.
Following the debate on the topic, our tax values were adjusted on day 1764, resulting in what appears to be a slightly improved income. The downward trend has stopped and improved, even if the income remains very low. Overall the income seems to be stabilising around 1.500 cc / day, or approx 45.000 cc / month.
The main peak observed on day 1774 follows immediately after the latest set of missions was started (including the build rockets mission). This gives you an idea of the impact of those missions.
Our monthly income is calculated daily on a rolling 30 day period (sum of latest 30 days of income).
Last 30 days shows how the income starts to stabilise towards 45K / day
Expenses and Reserves
Our current expenses are still much higher than our income. We are spending roughly 350K more than we are getting in per month. Expenses cover funding our military (BTA and BNA), signing MPP's with our allies, and our Citizen pack and BYS programs. This overspending is directly impacting our reserves:
Previously (note that the Y axis is cut at 3.1 milion):
Latest 30 days (note that the Y axis is cut at 2.7 milion):
You may notice that the value of the reserves has gone down with more than 350K. This is because the portion of our reserves in gold is valued at the day price of gold in CC. Since gold value has dropped, this drop is directly reflected in the value of our reserves, combined with a sharper drop at 1765-1772 caused by both CC and gold loans (these are not counted towards the available reserves). The stabilising trend in the last ten days is linked to the reimbursement of a large part of the outstanding loans combined with a stable gold price hovering around 480cc/gold for the last 10 days.
For those interested, a small (incomplete) mapping of the rise and fall of the gold price compared to days where special offers were available.
There were training offers or discount offers to upgrade at 44% during:
1757 to 1759 (temp rise in gold price by 25cc)
1771 to 1775 (temp rise in gold price by 100cc)
This list may be incomplete, feel free to let me know if there are some I missed.
It has to be noted that despite the stabilising trend in our reserves for the last 10 days (due to loan reimbursements), the spending does not slow down. At the current rate our reserves will still be depleted in 6 to 8 months. As MoF my advice is for Congress to evaluate if we can continue the current rate of spending. Early partial cutting will prevent us from having to seriously cut in our spending several months from now.
Minister of Finance
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