[FINANCE] Financial report October 5, 6h00 eRep time.

Day 685, 06:49 Published in Netherlands Netherlands by Ministerie van Economische Zak

Dear eUNL citizens and others interested,

Please find the eUNL Financial Report from October 3 (official acceptance of government) to today, 6h00. I will aim to have such a report every week between Sunday 9h00 and Monday 9h00 eRep time (local time: Sunday 18h00 and Monday 18h00). Please note that all information given, with the possible exception of explanations, is public and can be viewed by all eRepublik users.
As this is the first report as such, I am open to all feedback.

Balances of State Account, DNB and Ministerie van Economische Zak
See “Appendix” at the bottom of message.

Justification of movements made/received by the Ministry of Finance
October 4: 25,000 NLG moved from Ministerie van Economische Zak to OE_Volksgezondheid. (Reason: There was no NLG present to pay the wages of the state companies.)

Justification of other actions performed by Ministry of Finance
October 5: An amount of 2,500 NLG was posted on the monetary market at 1 NLG = 0.016 G. (Reason: There were no more offers at the by the government desired rate of 1 NLG = 0.016 G.)
* Please note that both the Ministry of State Companies and Gold Market and the Ministry of Finance are working narrowly together to keep the exchange rates between the boundaries as set by the government. This is as much feedback was received that the previous “financial crisis” was not handled adequately and not quick enough. The cooperation between the ministries ensures quick action when required to avoid this.

News: Financial laws & proposals
[Pending] Proposal to reduce Income Taxes from 14% to 11% for Food. With 15 YES and 18 NO, the outcome is undetermined, as another 8 votes can be cast to the total of 41 (40 congress votes + 1 presidential vote)
Debating: http://www.enetherlands.nl/viewtopic.php?f=27&t=3010&start=0
In-game voting: http://www.erepublik.com/en/Netherlands/law/15742
The Ministry of Finance has taken note of this vote, and is prepared to work with the situation if the vote is accepted as well as rejected.

If you have any questions or comments, feel free to comment on this article or on the forum: [url] http://www.enetherlands.nl/viewforum.php?f=101 [/url]

Kind regards,

Your Minister of Finance,
Boklevski


APPENDIX: Balances of State Account, DNB and Ministerie van Economische Zak

State Account

Gol😛
5.60 G

Local currencies:
11,489.36 NLG
781.48 BEF

Foreign currencies (excluded when less than 100)
164.33 HUF
221.74 IDR
473.45 MYR

Value of offers on goldmarket:
none

DNB

Gol😛
929.45 G

Local currencies:
20,909.55 NLG
53,681.47 BEF

Foreign currencies (excluded when less than 100)
none

Value of offers on goldmarket:
10 G (on offer at 1 G = 66.50 NLG)

Ministerie van Economische Zak

Gol😛
64.64 G

Local currencies:
108,014.27 NLG
140.16 BEF

Foreign currencies (excluded when less than 100)
108.00 BGN
100.00 MDL

Value of offers on goldmarket:
2082.59 NLG (on offer at 1 NLG = 0.016 G)