Join the new world

Already have an account? Login



What is this?

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 21st March to 28th March

Day 3,051, 12:09 • Published in United Kingdom

• by Bank of England

The Books
Treasury: £439,400.04 ---> £397,960.01 (as of 11:00 Day 3,051)
Long-Term Deposits (Woldy's Angels Act): £400,000.00
Government Organisations: £60,802.41 (203.87 Gold)
Tax Income: £8,396.10
Loaned Organisations Income: £0.00
Donations: £0.00
Bank of England Trust MM Scheme Income: £49,612.67 ---> £60,748.61
MPP Fees: £40,000.00 (Croatia, Chile, Mexico, Spain)
MoD CO Spen😛 £0.00

Introduction

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

Market Log

A look at recent market trends

Revenue
A track on what is recorded on France's, Sweden's, Lithuania's and Netherlands' 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 has currently resumed offers after a temporary halt after an assessment of market conditions has suggested the MM has return to a period of stability safe to deploy investments in.

Seven 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.

Currently the Bank of England Monetary Market Trust has made profits of;

£60,748.61 for the UK
£91,122.91 for private citizens

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

Military Unit Supplier Rebate

The Ministry of Finance is inviting citizens to apply for a work tax rebate to your costs to work as manager to produce the supplies needed for your Military Unit. Details of rebates issued to MU suppliers will be reported via these MoF weekly reports.

The eligible period a rebate can be claim is between Day 3,034 to 3,042 when the Work Tax rate was at 6%.

Please get in touch if you would like discuss the Military Unit Supplier Rebate.

Player Support Programme and Training Ground Loans

Citizens which have received a TG loan from the MoF during the lastest training ground promotional periods;

Aleksandar.V Popovic - 20 Gold (although 10.00 Gold was returned)
MikeyL - 2 Gold (Repaid)
MikeyL - 7 Gold (Repaid)

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.