[MoF] Financial Report

Day 4,185, 05:53 Published in Ireland Ireland by New Ireland Bank



Hi Éire!


It’s time for a financial report for the past month and a half, or so. The last report has been published on a day 4132. Several things has changed since then. We changed the type of our assets and moved from products to gold. We have also received several big donations to our treasury, most of the donations haven’t been used yet. I’ve actually dedicated a bit more time to our finances this month than I expected, especially considering all the things we’ve done during the April.



Financial report


I’ve been finishing the final preparations to get ourselves where we want considering the type of assets we own. Changing the type of assets without making any losses is pretty hard and long procedure, which is why we haven’t been making some huge profits over the past three months. Before those three months our profits have been much, much bigger and that’s exactly what we can expect in the coming months since all the preparations have been finished. The process of making profits has started about a week ago. It may sound abstract, but those who are doing the things we’re doing probably can figure out what I’m actually talking about. If you’re not THAT interested in this kind of stuff you may scroll down to the more visible things.

Financial wise, this game relies on several things. Constant inflation, active wars & changes in prices during the events. Predicting these three things will enable you to make a great money in a long term, but your budgets can also stagnate during the ‘peaceful’ times. You need to endure in those times and you can only do that if you have a quite big budget to work with. We’ve been lucky to have that thing, so we can afford stagnation for couple of months until the markets are good to make profits again.


*tax returns by the allied countries that had our regions still not received, except Hungary
**not counting the current treasury money

Thanks to the anonymous donation we were able to allocate more resources to aimeisan this month and I’m extremely happy about that. That makes our biggest expenditure of the month. The regular budget has been added to the Irish Army, our national MU that’s currently being led by a new Commander T0413 who took charge of the finances and got himself into suppling as well. I have to say he’s doing a terrific job and he got all the supplies up to date.

Our Congress has been asked to dedicate 1 million for our war costs, but since the big war never happened I only spent 295 000 which includes few strikes and special rewards for two big tanks that got 500 Q7 tanks after winning the biggest battle we had for us - Cersei Lannister and Ulsters Finest. Since they weren’t Irish citizens and they did the crucial damage exactly when we needed it, in all divisions I’ve decided to donate those tanks to them in order to thank them for their selfless help.


The Community budget wasn’t even touched so we organized a Quiz on our Telegram to promote the activity there and quiz rewards were 15 000cc. At the beginning of the term we sent tax return to the eUSA worth 31 000cc. We also received a bit more than 332 000cc for the last several weeks we had Hungary in here. I didn’t ask the others for tax return as all of them came over to help us against the enemies, the least they deserve is those few thousands they kept in the treasury.

Finally, I was fairly surprised when I got the final profits amount as I expected them to be less than 200 000cc. I didn’t really pay TOO much attention to calculating the profits in the run as there were many other important things to work on. Turns out we made more than expected and I’m happy to announce it, especially because there’s much more to come. Any country making 415 000 during the war times can be happy with it. As mentioned above, we just built ourselves a good situation to make more money. Most of the profits were made by trading on Monetary market and selling our weapons.



Ireland - the production heaven


As mentioned in my last article as a President I’ve already bragged about us having a great bonuses. Having 100% bonuses in food and 70% on weapons is a good number for any big country, so it’s a big accomplishment, mostly thanks to our American allies and the concession deal with them. Hopefully we’re going to keep this deal for a long time to come and attract many friendly citizens from abroad to get their holdings to eIreland.

Our taxes are always on the lowest possible level and we plan to keep them that way. VAT and work tax will remain 1% for as long as there’s eIreland. The only tax which is a subject to the change is import tax on the products, but that’s not very likely to change either. I’m perfectly happy with our fiscal politics at this moment.

Looking at what we did in financial aspect considering the type of the month we had I’m very happy about what I did. Especially because I didn’t expect it to be this successful as I’ve been preparing things for the coming months.






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Yours,
Warbhoy