[UKGOV - MoF] Update June/July '14 Term #1

Day 2,390, 21:21 • Published in United Kingdom United Kingdom • by Bank of England



A new term

A brief introduction to your Ministry of Finance team plans this term which can be summarised in three key area;

Providing the routine Training Ground Loans during promotion periods opportunity to UK citizens
The routine tracking of our Country's finances to ensure Congress and the CP have the best available information to make informed decisions regarding law proposals
Finally supporting Congress and the CP by advising on their plans to utilise the Emergy fund for the betterment of the UK

Let's go into each of these outcomes in more detail.



Training Ground Loans

As has become routine the Ministry of Finance will be offering loans to citizens to help them upgrade their strength buildings during the training grounds promotion.

Upgrading your strength buildings is the best way to earn income as it allows you to receive Super Solider medals much quicker. A Q4 Weights Room & Q4 Climbing Center (without any contract training) earns the most money of any training/contract combination. Together they will earn you 13.38g/month (0.446g/day) after you pay the daily training.

Due to the limited time duration of this promotion, the Ministry of Finance will be able to offer Citizens up to 30g however we'd like to start accepting applications as soon as possible in preparation for the offer period.

So please complete this form as soon as possible if interested. Any question don't hesitate to ask any member of your MoF team who are listed at the end of this article.



Country's Finances Forecast

The new MoF are just having a look at the 'books' for the first time and making password changes so we will ask for grace on reporting our current state of finances till our next update. However we can present some future projections and provisional advice for Congress and the CP.

Based on the mean of last term we are approximately earning 4k/day as a result of taxation. Projections will take us to a touch over 121k for the term. With minimum predictions for the term at 105k and maximum at 136k. Although it is worth noting taxation was up as a result of the tournament held last month so projections could be closer to minimum this term.

With this in mind the MoF would suggest a maximum of ten Mutual Protection Pacts (preferably nine) for the term, and commit to one or two in reserve for if either us or an ally needs the help, the MoFA will of course help inform Congress about which countries look like they will or won't be militarily active.

The spending of surplus funds can be a discussion for Congress and the CP, possible suggestions to consider are command orders, Government sponsored Resistance War, 'Call to Arms' or any proposal that seem appropriate towards the end of term.

There will be the Government MM schemes run to help generate further income for the Country.

Don't hesitate to propose your own suggestions to your Congress and the CP on the spending of the Country's treasury.



Emergy Fund

The total donation made by Emergy Maxfell to the UK treasury was significant the MoF will advise Congress and CP regarding the finances of any proposals on how to spend the donation which come forward.

The outgoing MoF has put together an excellent draft proposal regarding the funds which Congress are currently discussing and you may find of interest.

Some ideas put forward by the CP, his cabinet and Congress so far are;

An emergency fund for MPPs
Strikes and 'Call to Arms'
Raw material Grants for active UK citizens

More to come on this one in later articles however feel free to propose your own suggestions to your Congress and the CP on how best to utilise the Emergy fund



Close

For any further information don't hesitate to contact any of your MoF team.

Huey George - Governor of the Bank of England/Minister of Finance
ArgoFookYourself - Deputy Minister of Finance
Alan Warwickshire - Deputy Minister of Finance