[MoF] 2472 - Financial update

Day 2,472, 02:30 Published in Belgium Belgium by NBB-BNB


Good morning eBelgium,

Three points to cover:
- Congress donations
- Monetary market
- Financial overview

Congress donations:
After a good start, with 30K in donations in July (largely due to Director9), congress in August failed to deliver a second term. This time around we received 4K from congress, 1K privately, and 1k from the CP.

It has to be noted that due to the lack of some parties donating in the first round, other congress members are less inclined to donate again. So I would appeal to ALL of the newly elected congress, to again donate your CM gold, either in full 5 gold, or partly for any amount of gold you feel you can spare, to help our state accounts. (Read about it here: http://www.erepbelgium.com/t10578-congress-contributions-august-2014#211442. Alexandross already donated, how about you?



Conclusion: we received 6.000 CC from donations during the August congress term.

Ways to donate are:
- Donate to country account: country account *
- Donate to the eBe bank by using the offer on the MM, buy 0.01 cc for every gold you want to donate *

- Donate to the MoF (currently SX80)

* For donations to the bank, or to the country, please make screenshots and post them on the debate thread for this month,so I can include you in the list of people who donated.

Monetary market
With the dropping gold prices, it is cheaper to print CC from gold. But this requires the active involvement from our citizens. After a debatable first run (only 10 people helped), I would like to see many more volunteers helping out this time around.

Big thank you to the people that helped so far:


Want to help too? You only need 10 gold or more, you get your gold back, and at worst you need to post one or more screenshots... so what are you waiting for? Answer to this call for help from your government! (or your MoF quits! Not kidding). I've explained it all, again, here: http://www.erepbelgium.com/t10543p50-gold-rush#211457

Previous run gave us a 7K profit. I already bought the gold for this run, and it will give us nearly 15K profit. The profit will increase as gold prices drop, but I need citizens to help me!!!!

Financial overview
The latest update was from day 2444, the balance at that time was:
374.100 CC
1071,80 gold

Our current (day 2472) balance is :
296.649 CC
1595,55 gold

Conclusion: in CC equivalent (using 200 CC / gold to calculate) we gained 27k CC in the last 28 days.

Ps: This includes already the second run profits mentioned above.

SX80
MoF

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