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[MoF] Ministry of Finance: Report 3 (December Performance)

Day 2,603, 16:12 • Published in Pakistan Netherlands

• by pamadapa

Assalam-O-Alaikum
First of all receive my cordial greeting all citizens. I am pamadapa, the current Minister of Finance / MoF (Governor according to eRepublik).
We are at the end of the Term of Government, this is the 3rd and last Report. This Article intend to inform citizens the situation in the economy of our eCountry and make it absolutely transparent the economic process.
This report covers the 2572 to 2603 eDay

You can access the 1st report (2572 to 2575 eDay) on the following link > [MoF] Ministry of Finance: Report 1

You can access the 2nd report (2572 to 2586 eDay) on the following link > [MoF] Ministry of Finance: Report 2

I will proceed to report the economic situation and development finance (performance) by the ePakistan Government in December. To be better understood I will divide it into sections:

I – INCOME
II – EXPENDITURE
III - PUBLIC TREASURY & BALANCE
IV - ePAKISTAN ORGS
V – MONTHLY PERFORMANCE REVIEW
FINAL COMMENT

I - INCOME

First Half of Term (2572 to 2586 eDay)
Tax Revenues: 9,600.95 PKR
Average daily tax revenue: 640.06 PKR
Donations: 80 PKR (from endorsements Report 1)
Total Income: 9,680.95 PKR

Second Half of Term (2587 to 2603 eDay)
Tax Revenues: 6,897 PKR
Average daily tax revenue: 405.70 PKR
Donations: 85 PKR (from endorsements Report 2)
Total Income 6,982 PKR

In December, the revenue generated by our Country from tax revenues, was:
Tax Revenues: 16,497.95 PKR
Average daily tax revenue: 515.56 PKR
Donations: 165 PKR (80 PKR from endorsements Report 1 + 85 PKR from endorsements Report 2)
Total Income: 16,662.95 PKR

In the following graph you can see the evolution of revenue

A situation to highlight and you could see indicated in the graph, •eDay 2588 lost control of Punjab (our original region) and ••eDay 2589 we lost control of Sindh (our original region). Although this situation was planned due to an objective and as a means made against ¹PTOers. The loss of control over of the two regions mentioned, produced a marked decrease in income, but it was an expected situation and had to be carried out. The ¤eDay 2597 we recover our region Punjab and ¤¤eDay 2598 Sindh region.

Talking about a bit of Geography and History, Pakistan (Islamic Republic of Pakistan or as it is called "Holy Empire of Pakistan") consists of 4 original regions: Punjab (Capital), Sindh, Balochistan and North-West Frontier Province.
Pakistan has lost 2 of its 4 original regions, North-West Frontier Province and Balochistan (occupied by eTurkey since eDay 2523 y 2524 respectively)

¹Political Takeover (coup): When a organized people group from a densely populated Country moves into a separate country and gains political power of said country by out numbering other citizens in an election. Is a tactic done by population community from a Country (or group of separate people) to take over the Government of smaller Country by migrating citizens from the larger Country to the smaller Country and vote against the ruling Government in the general election. Often the creation and use of multi account serving the PTO-ers.
The purpose of PTO-ers is ambition for power and/or steal money from the treasury of a Country.
I could write much more, but the purpose of this article is to inform the economic situation of Pakistan (would deserve an exclusive newspaper article for this, but I did not want to ignore the explanation for those citizens who are unaware of these situations)

II - EXPENDITURE

The only expense for the month was 10,000 PKR, spending as described below:
MPP costs: 10,000 PKR (signing MPP with Poland)

III - PUBLIC TREASURY & BALANCE

eDay 2572 (Initial Treasury) was started with Treasury in 25.01 Gold and 885,088.05 PKR

Until eDay 2586 (end of First Half of Term) the Pakistan Treasury is 884,769 PKR. In relation to Gold, the value remains constant at 25.01

Until eDay 2603 (Final Treasury > end of Second Half of Term) was ended with Treasury in 891,751 PKR. The Gold value remains constant at 25.01

In the next picture you can see a summary

You can see the day 2574, there is a sharp decline in the ePakistan Treasury due to the signing of MPP with Poland. After that, our Treasure was kept slow but steady rise.

IV - ePAKISTAN ORGS

As I said in the previous report, the 2581 eDay the President gave me access to only one organization owned by ePakistan (Unfortunately, as President inform me, does not have access to the remaining Orgs)

Report "PAKISTAN ARMY ORG"
Initial Money eDay 2581: 5.65 Gold y 2,116.27 PKR
Money at end of First Half of Term eDay 2586: 0.01 Gold and 3,288.54 PKR
Money at end of Second Half of Term (Final Money) eDay 2603: 0.01 Gold and 3,288.54 PKR

With this Org, I was working and speculating in the Monetary Market. Obviously the amount of money is very little, but It is important to inform you that as a security measure, because that there were some situations that did not generate me absolute certainty and tranquility. "Laws donation of money" were not proposed (to wire money from our Treasury to the mentioned Organization)

V – MONTHLY PERFORMANCE REVIEW

In the month of December, ePakistan has collected a total of 16,497.95 PKR by way of Tax Revenues and total expenditure of 10,000 PKR.
This means that there was a surplus of 6,497.95 PKR

At end of Term, our Country Treasury has increased from 885088,05 PKR to 891,751 PKR. The Gold remains at 25.01.
Our balance sheet is a surplus of 6,662.95 PKR

The CashFlow in Pakistan Army Org, the final money is 0.01 Gold and 3,288.54 PKR

For you have a more completed vision, I will make an equivalence of values in Gold. To do this I shall take the *Current price of Gold in the Monetary Market

*Gold Equivalent: 1 PKR is equal to 0.005 Gold

Treasure Vault > Spread +33.31
Initial Treasury (885,088.05 PKR): 4425.44 Gold + 25.01 Gold = 4450.45 Gold
Final Treasury (891,751 PKR): 4,458.75 Gold + 25.01 Gold = 4,483.76 Gold

Country Orgs > Spread +0.22
Initial Money in ORG (2116.27 PKR): 10.58 Gold + 5.65 Gold = 16.23 Gold
Final Money in ORG (3288.54 PKR): 16.44 + 0.01 Gold = 16.45 Gold

Total Amount of Money > Spread +33.53
Initial Money: 4466.68 Gold
Final Money: 4,500.21 Gold

FINAL COMMENT

My primary goal as Minister of Finance was from the beginning to bring transparency in my function and inform citizens the economic situation of our beloved Country. I know maybe could have done many more things and generate more revenue for the Country, but several situations beyond my control limited my work. Personally I feel satisfied with my work over the current month (December), however am judged by you my performance as MoF.

Would like to thank Dio Eraclea (ex Kusuri Uri) for believing in me and giving me the opportunity to be MoF (Governor) and so to prove my ability to fulfill this function as best I could do.

Thanks to all those they voted, commented and endorsed every newspaper article of the Ministry of Finance, for the words of encouragement that give me strength to keep going.

Also thank to my soul brothers for giving me their support, help me when I ask for help and giving me the opportunity to meet other wonderful people. Lots and lots of thanks Mansoor and Faris (تم میرے بھائی ہو) I hope this well written.

Only achieve a prosperous eCountry by working together. Everything for the benefit of ePakistan and its people. Faith, Unity, Discipline // PRIDE, POWER, PAKISTAN \o

So here is all, and thanks for your attention one more time (apologies for my poor English language)