[MoF] Bank of England - Financial Report 5th September to 12th September
Bank of England
The Books
Treasury: £999,296.88 ---> £1,026,460.84 (as of 11:30 Day 3,219)
Long-Term Deposits (Woldy's Angels Act(now removed legislation): £400,000.00 ---> £0.00
Government Organisations: £830,280.05 (300.84 Gold) (*£170,664.82 on MM) (+£400,000.00 Long Term Deposits +£200,000.00 Contribution from Belarus)
Tax Income: £45,022.52
Loaned Organisations Income: £0.00
Government Article Advertisement Income: 0.00 Gold
Bank of England Trust MM Scheme Income: £228,575.53 ---> £258,233.61
Bank of England Government MM Scheme Income £14,138.35 ---> £14,138.35
MPP Fees: £20,000.00 (Spain and Germany)
Remaining Allocation for National Military Unit £250,000.00 (Held by NMU)---> Re-allocated to MoD
Introduction
Your first report of the term from the Ministry of Finance.
Organisations
As advance notice the MoF will soon be carry out a password reset on a number of UK organisations which have been provided to groups / military units which seem to be inactive. Please get in touch if you are affected.
Market Log
A look at recent market trends. . .
Revenue
A track on what is recorded on the USA's, Sweden's 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 is currently posting offers although is exercising extreme caution and implementing increasing monitoring of market conditions for reasons explained in the market trends section.
Eleven 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.
Since Day 2,908, the Bank of England Monetary Market Trust has made profits of;
£258,233.61 for the UK
£368,934.74 for private citizens
Please get in touch to discuss this further or declare your interested in investing into a Bank of England Trust.
Player Support Programme and Training Ground Loans
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.
Historic Trends
A look at some longer term economy figures
Close
For any further information don't hesitate to contact the Ministry.
Huey George - Minister of Finance and Governor of the Bank of England
Comments
But why has the current height of eUK's badger-stack not been reported?
The people have the right to know!
We've got the Ministry of Stacking Badgers (MoS😎 to keep the people informed about the current height of eUK's badger-stack. o/
Long Term Deposits (Woldy's Angels) are now shown as £0 - does this mean that the four trustees holding funds have each returned £100k to the Treasury? If so, where is this sum sitting in the books?
Voted & endorsed
Doh! I apologise for the dumb question above! It is clear that the £400k from Woldy's Angels is sitting together with the £200k donation from Belarus in the Government Orgs (where they are earning 'interest')!
Yes, you've answered your question the funds are being held in two separate Government Organisations and yes some MM activity is taking place on part of the sum to generate profit with part held as reserve for our defence budget if required.