[MoF] Financial Update - 4 May 2011 (Handover to New Govt) - Copy

Day 1,263, 02:28 Published in India India by Graf Sprat
A quick update on Financial situation of Govt Assets and Reserves

Fixed Assets (Govt Companies and Licenses) - 776 G (+0 G from last month)

Government Treasury (Gold) - 1430 G (+85 G from last month)

Government Treasury (INR & FORE😵 - 85K INR (+ 11K from last Month)

Govt Companies Inventory

Food Wellness
17500(Apr 2011) -> 18960 (May 2011)

Q5 Weps
1400(Apr 2011) -> 1900 (May 2011)

Q1 Defence Systems
10(Mar 2011) -> 10(Apr 2011)



Some key highlights and points to note

1. Income of approx 100 G from Congressmen donations
2. Expense of 30000 INR for the Australian, Bulgarian and USA MPP
3. Significant buy back of INR from the market to reduce currency in circulation and prevent devaluation. This step has allowed our currency to retain its value better than bigger currencies like the USD and CNY in the recent deluge.
4. Significant dispatch thru out the month to aid EDEN war efforts agains ONE