Ministry of Finance: Mar-15 Term Closing Statement

Day 2,692, 05:09 • Published in Thailand Norway • by Major Lee Hung


Overall

We've closed the term with an increase of about 50% in tax revenue. Overall production has increased due to the large-scale recruitment of foreign workers, and Q7 tank exports are now in the 10,000s per week.

Imports

Tax was raised very slightly on the import of WRM. This has created a perfect balance between tax revenues and supply/demand. We make 7% on the sale of every foreign WRM, which is a win/win as we're by far the hungriest WRM market.

Exports

75,000 Q7 tanks have been exported this term. This has put almost 425,000cc back in to our commune system, and almost 20,000cc in to the treasury by way of taxation. I plan to sell another 75,000 Q7 tanks next term again at 1.5% below the global market price.

Domestic Market

Our domestic markets are looking healthy. Food is selling at an increased rate, WRM is continuing to sell out every week. Tank sales remain very strong and we're also now much more competitive, with tank prices over the last week being below the global average, attracting buyers from around the eWorld.



Next Term

Should I be the Minister of Finance next term, I will undertake the below.

Problem Statement

We currently lack in production. While we have some very healthy levels of production, we're nowhere near where we should be to continue to grow our economy. We've seen our tax revenues begin on a significant upward trajectory, and now is time for our economy as a whole to do the same.

Solution

Production must be increased by at least 25% in the next term to continue to enjoy a happy and healthy economy. I'd therefore like to introduce the below idea..

Production Grants

Own a weapon or food factory? Planning to grow your business empire? I'd like to trial this idea next term. Under this idea, the Ministry of Finance will give every eThai citizen half of the cost to create their own Q3 raw material buildings. Inititially, the scheme will be given a budget of 250,000cc while we trial it.

The grants will be quite simple - for every 5 gold you invest in either fisheries or aluminium mines, you'll receive 1,000cc from the government to make growing your business easier.

This, I believe, is the simplest and most effective way to bring our production levels to where they need to be and make our economy truly great. Please let me hear your thoughts below, if the uptake is going to be significant enough then I'll definitely go ahead with it. 🙂