[MoF] Ministry of Finance: Report 2 (April Performance)

Day 2,725, 15:37 • Published in Pakistan Croatia • by Pakistan eRepublik


Assalam o Alikum

My dear Citizens of ePakistan, receive my cordial greeting. I am pamadapa, Minister of Finance/MoF (Governor according to eRepublik).
We are in the end of Term (Strywgr Government), this is the third and final report of April.

This report covers the eDay 2694 to 2723

You can access the last MoF report on the following link > [MoF] Ministry of Finance: Report 1 (April)


SUMMARY – April (End-Term Report)

Here you can find out the most important information, but in a simplified way described for quick reading





ITEMIZED Income and Expenses - April (End-Term Report)

I will proceed to report the Finance situation and the evolution of the economy during this days. To be better understood I will divide it into sections:

I –INCOME
II – EXPENSES
III – BALANCE
IV – MONTHLY PERFORMANCE REVIEW
FINAL COMMENT


I - INCOME

Revenues from the DAILY TAX are as follows:

First Half of Term (eDay 2694 to 270😎
Tax Revenues: 9,954.45 PKR
Average daily tax revenue: 663.63 PKR

Second Half of Term (eDay 2709 to 2723)
Tax Revenues: 4,264.88 PKR
Average daily tax revenue: 284.32 PKR

✎ In April, the revenue generated by our Country from way of Tax Revenues, was:

Tax Revenues: 14,219.33 PKR
Average daily tax revenue: 473.97 PKR




Revenues from the SPECULATION in MONETARY MARKET are as follows:

First Half of Term (eDay 2694 to 270😎
MM profit: -236,427.63 PKR and 976.63 Gold
Average daily: -15,761.84 PKR and 65.10 Gold

Second Half of Term (eDay 2709 to 2723)
MM profit: 61,844.97 PKR and -1.01 Gold
Average daily: 2061,49 PKR and -0.03 Gold

✎ In April, the revenue generated by our Country from way of Monetary Market speculation, was:

MM gain: 61,844.97 PKR
Average daily: 2061,49 PKR



✖eDay 2702: We lost Balochistan. ✖eDay 2703: We lost NWFP. ✖✖eDay 2704: We lost Sindh and Punjab regions. ✔eDay 2709: We recover Punjab.

Currently we have our only 1 core region Punjab (Capital). This is due to agreements made among of Turkey and Pakistan governments.



II - EXPENSES

The total expenses at moment was 40,000 PKR, spending as described below:

»» MPP: 40,000 PKR
eDay 2708 signed with USA
eDay 2714 signed with ARGENTINA
eDay 2729 signed with LATVIA
eDay 2721 signed with TURKEY




III – BALANCE

Country Treasury

eDay 2693 (Initial Treasury) was started with Treasury in 26.01 Gold and 14,579.86 PKR
eDay 2708 (end of First Half of Term) the Pakistan Treasury is 14,534.31 PKR. In relation to Gold, the value remains constant at 26.01
eDay 2723 (end of Term) was ended with Treasury in 3,799.19 PKR and 30.01 Gold

Which means we have a difference of -10,780.67 PKR and +4 Gold


» Donations: in our Treasury we received a donation of 4 Gold (which is unknown who made it, but is grateful)

» Transfers: In the 2nd half of the Term, a transfer of 50,000 PKR was done from our ORGs to our Treasury. And after having signed the Mutual Protection Pacts, 70,000 PKR was transferred from our treasury to our ORGs.




ePakistan ORGs

eDay 2693 started in 684,411.88 PKR and 1.05 Gold
eDay 2708, end of first Half of Term is 447,984.25 PKR and 977.68 Gold
eDay 2723, at end of Term the money in ORGs is 766,256.85 PKR and 0.04 Gold

Which means we have a difference of 81,844.97 PKR and -1.01 Gold



IV – MONTHLY PERFORMANCE REVIEW

In the month of April, ePakistan has collected a total of 14,219.33 PKR by way of Tax Revenues, 35,000 PKR by way of Agreement with eTurkey Government, 61,844.97 PKR by way of Monetary Market speculation and total expenditure of 40,000 PKR.


At end of Term, our Country Treasury has decreased from 14,579.86 PKR to 3,799.19 PKR. The Gold ranged 26.01 to 30.01 (You should note that there are money transfer, and is not a real money loss, but is the amount you may see in the Country Treasury In-Game)

The money in our ORGs has increased from 684,411.88 PKR and 1.05 Gold to 766,256.85 PKR and 0.04 Gold



For you have a more completed vision, I will make an equivalence of values in Gold. To do this I shall take the *Current price of Gold in the Monetary Market

*Gold Equivalent: 1 PKR is equal to 0.004 Gold


Treasure Vault »»» Difference -39.11
Initial Treasury (14,579.86 PKR): 58.31 Gold + 26.01 Gold = 84.32 Gold
Final Treasury (3,799.19PKR): 15.19 Gold + 30.01 Gold = 45.20 Gold


Country Orgs »»» Difference +326.37
Initial Money in ORGs (684,411.88 PKR): 2,737.64 Gold+ 1.05 Gold = 2,738.69 Gold
Final Money in ORGs (766,256.85 PKR): 3,065.02 Gold + 0.04 Gold = 3,065.06 Gold


Total Amount of Money »»» Difference +287.25
Initial Money: 2,823.01 Gold
Final Money: 3,110.26 Gold



FINAL COMMENT

My personal goal is to achieve transparency by way of information, manage and efficiently use the money of Pakistan
This month we had some events, I would like to emphasize but in summary form:

On April 24th, our President and Dictator TheJakal due to work commitments (RL) has decided to appoint a new Dictator for replacement, he's our current Dictator Strywgr, who to this day continues to work with us and completed the first 10 days in that charge (Congratulations )

An agreement with Turkey are compliance, where they rented our 3 Regions (NWFP, Sindh and Balochistan)

We have renewed our mutual protection pacts, which have been kept since several months ago and with which we hope to further strengthen our relations.

As to the Finance, we have finally obtained very good results, so I'm satisfied with we have achieved after my mistake in the first half of the government's term, that is why for the end I would like to share the following phrase:
“If you don't make mistake, then you are not working at all”

Thanks for the support at work I am trying to perform.
Do not forget that we are in a game, but never lose respect for toward each other

So here is all for now and thanks for your attention (apologies for my poor english language)



Only achieve a prosperous eCountry by working together. Everything for the benefit of ePakistan and its people.

---- PAKISTAN ZINDABAD ----








If you have any questions, suggestions or complaints you are free to give your opinion in this informative article or send me PM. You can also find me on IRC Channels: #Pakistan or #MoF. pk
I can also provide tips (if you need them) about where to invest and how best strength.