Join the new world

The Books
Treasury: £1,326,459.99 ---> £1,410,718.35 (as of 12:00 Day 3,170)
Long-Term Deposits (Woldy's Angels Act): £400,000.00
Government Organisations: £188,947.40* (546.83 Gold) (*£142,915.34 on MM)
Tax Income: £113,297.40
Loaned Organisations Income: £0.00
Government Article Advertisement Income: 0.00 Gold
Bank of England Trust MM Scheme Income: £177,226.81 ---> £184,577.24
Bank of England Government MM Scheme Income £3,197.59 ---> £3,197.59
MPP Fees: £30,000.00 (Ireland, Macedonia, Chile)
Total Allocation for National Military Unit £250,000.00 / Spend £0.00



Introduction

Your third report of the term from the Ministry of Finance.

Changes to the Economy
As most of you will be aware, our new world economy has changed with the introduction of new Holding Companies, pollution and associated changes. To help the Ministry of Finance we are inviting all UK citizen and those who may have chosen to invest in the UK to message volunteering some basic information about your new holding company / companies.

We like to know;
Where you have established holding companies (Domestic and Abroad)?
How many Work as Manager "WAM" clicks are you making per holding company?

If you provide this information the MoF can better understand tax distribution and productivity and thus better advise the Government and Parliament (Congress) as they make longer term economic decision about taxation.

With this information we can also consult with a forum of our Business Owners about taxation and see where the government can support the growth of your own personal economic empire in turn helping the UK become financially stronger.

Note on rise in Import Tax (passed by Congress on Day 3,157)
There is no way to separate VAT revenue, Work tax revenue and Import Tax revenue however analysis of two similar periods Day 3,157 to 3,164 and Day 3,148 to 3,155 which had the same VAT and Work taxation rates, economic changes associated with holding companies were established however air battles module not yet active leaving Import Tax rates against Food and Weapons the notable difference (Day 3,157 to 3,164 = 10% vs Day 3,148 to 3,155 = 1😵 shows us daily tax revenue generated by owned regions was down 3% after the move from 1% to 10%. In addition over this period the price of Q7 weapons and Q5 food remained stable. Anecdotal evidence suggest the number of imported offers in the food and weapons market remain similar.

Overall I feel nothing to conclusive can be drawn as daily tax revenue generated by owned regions does vary week on week and 3% is within the expected weekly variation. Currently the rise in Import Tax has not significantly impacted the UK economy, UK producers or UK buyers positively or negatively.



Market Log

A look at recent market trends. . .






Revenue
A track on what is recorded on the USA's and our Country > Economy Page






Bank of England Monetary Market Trust

As a reminder the Ministry of Finance is taking advantage of the increased demand on gold price on the monetary market by opening a Bank of England Trust for citizens and allies to invest in. The Ministry of Finance is currently posting offers although is exercising extreme caution and implementing increasing monitoring of market conditions for reasons explained in the market trends section.

Ten citizens have invested into the Trust and monetary market offers placed from a number of eUK Government Organisation reserved for use by the Bank of England. The monetary market profits have been agreed to be split 60% to the citizen and the remaining 40% for the Treasury to reinvest/store in reserves. Any monetary market profits made will be reported in future MoF Reports.

Since Day 2,908, the Bank of England Monetary Market Trust has made profits of;

£184,577.24 for the UK
£276,865.86 for private citizens

Please get in touch to discuss this further or declare your interested in investing into a Bank of England Trust.



Ministry of Defence Affiliated Units

Any eUK MU except for the NMU will be able to apply for MoD affiliate status

Affiliate MUs will be required to:
Set their Daily Orders in accordance with MoD Orders, and ensure that their fighters follow those orders.
In Return Affiliate MUs will get:
The ability to claim a 50% Work Tax rebate for their Suppliers, when the tax rate is higher than 3%
Entitlement to receive prizes in National Strikes

Details of rebates issued to Affiliate MUs will be reported via these MoF weekly reports.

Please get in touch with the MoD if you would like discuss your MU becoming a Ministry of Defence Affiliated Unit



Player Support Programme and Training Ground Loans

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.

During promotional periods training ground upgrades are reduced;
To upgrade your Weights Room, Climbing Centre, Shooting Range or Special Forces Centre it costs 45% less for each incremental rise is quality.





Historic Trends
A look at some longer term economy figures




Close

For any further information don't hesitate to contact the Ministry.

Huey George - Minister of Finance and Governor of the Bank of England