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You are reading an article written by a citizen of eRepublik, an immersive multiplayer strategy game based on real life countries. Create your own character and help your country achieve its glory while establishing yourself as a war hero, renowned publisher or finance guru.

[MoF] Bank of England - Financial Report 10th-17th May

Day 2,735, 15:02 • Published in United Kingdom

• by Sir Humphrey Appleby

The Books
Treasury: £198,550 --> £262,117
Tax Income: +£79,192
0% Loan: +£400,000 (to be re-credited at the end of the term)
Org Loans: +£2,000
MPP Fees: -£20,000 (Spain & Thailand)

Evenin’ gents o7,

Another week into the term and we’re almost at the magical £300,000 point where Congress needs to decide how we’re going to store our Country’s Reserves. Whilst Woldy is on the throne however I doubt we will need to worry about the ingame treasury disappearing (unless Congress orders him to which would be rather typical of them 😛).

Anyway, onto the graph:-

After cordial discussions initially failed with the eNorwegian government the cabinet challenged them to a traditional drink-off, which proved to be a major mistake for our Vice President. However the entertainment value proved diplomatic enough, which landed us with free fruit for the next 2 months. The results may not be as spectacular as you’d expect but after another week we should know roughly what the increased intake is from it.

Bank of England Trust

We’re trying to take advantage of the increased demand on gold prices; events such as the recent training grounds offer was enough to momentarily pass the benchmark of £333/1g (0.003g/£1). A private citizen has kindly offered to loan the government £400,000 to trade to try and get the Treasury a slice of the profit, and if the results of that are successful then we will open the scheme for other citizens to invest in.

Military Unit Suppliers Rebate

We will be looking into evaluating a fair system of rebating work taxes for those helping out as suppliers for major Military Units. According to the Speaker this will need to be approved by Parliament first as it would be a fixed monthly service for the country until it is repealed. For the moment we will try and gather how much this rebate would cost the Treasury and of how much benefit it would be to our MUs.

Organisation Loans

There are five orgs left available to loan for your transactions on the monetary market when you’ve exceeded your player 10g limited. If you’re interested drop me £1k and I’ll message you the login details.

Available Orgs
-Royal Navy Advertee Unit
-UK Army
-UK Army VI
-UK Army VII
-UK Army VIII

Kind regards from the ebil taxmen o/

Appleby
Minister of Finance

Lord of Bones
Deputy Minister

Comments

Lord of Bones Day 2,735, 15:07

o7

MoF is best department this month eh Appleby 😉

playerunknown Day 2,735, 15:13

psttt you guys have got nothing on my department

Max Blue Day 2,735, 16:02

'Another week into the term and we’re almost at the magical £300,000 point where Congress needs to decide how we’re going to store our Country’s Reserves.'

At least £100,000 needs to be put into the MoD MU so we have some money ready to begin the defence of our nation.

MoF needs to set aside the necessary funds for training grounds/contract loans. This amount can be worked out by looking at what was loaned out before.

Any money for competitions/ general expenditure needs to be put in the BoE for easy access. This needs to be worked out by the CP/cabinet.

The rest needs to be left in the treasury for MPP renewals, many of which are coming up soon.

This money is not 'reserves' this money is the basics. 'Reserves' are stockpiles such as an Empire fund or a Anti-Dictator fund. This is neither.