[MoF] November Mid Term Report
Bank of England
Introduction
With an early donation of 400,000.00cc to the MoD for COs and a change in the Work Tax rate from 2% to 4%. This first update from the MoF was delayed to provide a more comprehensive picture of the impact of these. We have also recently seen a change in our Country President from Aleksandar.V Popovic to Suezo31 so an update should aid this handover
Country Assets - as of day 2,558 of the New World
Country Accounts - 108,328.35cc* 210.46 Gold
Country Organisations - 2,893.73cc*313.16 Gold
*Donation under vote 100,000 GBP from the country accounts to Ministry of Defence
Itemized Income and Expenses - November Current
The country is earning around 10k a day as a result of the 4% work tax from our core regions. Occupation of Canadian Regions so far this term has provided an average of 3k a day and around 53k in total this term so far.
Our own regions over the entire term should net us around 270k (147k raised this term already) however this is on the assumption our occupation is short lived. Our MPPs should be around 120k (50k already spent this term).
Training Ground Loans
Past Government have provided Training Ground Loans to many citizens. The repayment of these loans are now all overdue. This list will be kept upto date as repayments are paid for Government transparency
The citizens who benefited with loans since June 2014;
Mr Pitbull
dBigMac
Gego Gugula
Mar Xist
NT Games
Aleksandar V.Popovic
dougal4chaos
Pugg
Rob the Bruce
Maniau
ucubz
Lolfaced
Sarah Morgan
Our Country's Organisations
As part of a more transparent Government - Our Organisations and their current use.
Changes to our Organisations
Two new Government Organisations used for Newspapers/Ministerial use
UK Army XI renamed to Ministry of Glorious Praise
UK Army II renamed to Internal Defense Bureau
Full Listings*
*The MoF is currently carrying out a review of our Country Organisations currently loaned to Loaned to Citizens, Charitable Organisations and community use and will be contacting citizens shortly
Unused Governmental Organisation
British Health Clinic
Department for Munitions
eUK Exchequer
eUK Royal Mint
Forex Reserve
HM Treasury
Reflex Blue Graphics
South West Clinic
Start Companies
Arab Development
Sirius HQ
Unused Former Military Organisations
41 Commando
43 Commando
HMS Defiant
HMS Fezoj
HMS Hassan Pessaran
Legion Org
RAF Mobile Command
Royal Artillery Supply Org
Royal Guard QM
Royal Navy Advertee Unit
RN Charlie Platoon
Special Forces Russia
The Imperial Guards
UK Army IV
UK Army VI
UK Army VII
UK Army VIII
UK Army X
The Royal Guards
HMS Cardiff
HMS Aurora
HMS Belfast
Ulster's Own
The British Army
Loaned Organisations*
MWC needs pants - mwcerberus
HMS Accalia - Sven Goran Duran-Duran
Government Organisations used for Newspapers/Ministerial use
Department for Work (Minister of Education Org)
Ministry of Defence (MoD News Org)
Foreign Office (Foreign Office News)
Bank of England (BoE's News Org)
eUK Home Office (MoHA's Org)
10 Downing Street (CP's Org)
Speaker of the House (Speaker's Org)
Ministry of Entertainment (MoEnt's Org)
Ministry of Glorious Praise
Internal Defense Bureau
Charitable Organisations*
Comintern - Sir Rex Fleddington
Ministry of Health (NHS Org) - Alan Warwickshire/FightAndProduce
Rocket Team formally HMS R.R.Napier - iAdrastos
HMS Edinburgh renamed to The Equitable Pioneers - Huey George (WRP)
Knights of St Andrew - Commandante Ross
eBrit University formally This Be Mine - Madelina de Melrose
Others including Organisations for community use*
Royal Navy Gaming Trust renamed to eUK Rock Paper Scissors - iAdrastos
Organisation loaned to Military Units
bYr Corp (TUP Familiy)
Endless Pleasure (Liberty)
Funky Militia
Peoples Army Commune
The Irregulars
The Royal Navy
Squad B Royal Navy
The Vagabonds (Royal Army Dental Corps)
The RosenQueen Company (Prinny Squad)
Close
For any further information don't hesitate to contact your MoF team.
Huey George - Governor of the Bank of England and Co-Minister of Finance
Paulus G - Co-Minister of Finance
Comments
There are few mistakes in this report... Out of 400,000cc, more than 100,000cc was used during your term Huey. Also, all of that money was transferred back then. So your report should start with less than 300,000 in MoD.
Secondly, none of the state money was used was renaming of any of the organisations. It was private donations. That should be corrected.
I wasn't Country President when the donation to the MoD was approved by Congress, SerF http://www.erepublik.com/en/main/law/United-Kingdom/151112 so the report is correct on this.
7 Gold was provided to create the Ministry of Glorious Praise approved by the Country President, Aleksandar.V Popovic and used by iAdastros I believe however you can inquire with them both if you'd like. If no Government money was there should be 7 Gold in the Ministry of Glorious Praise.
Double check on the date... Yes you were. And 100,000cc was used for RW in Newfoundland and Labrador. I provided for the gold for name changes and if someone took the gold from you, I'll be more then willing to give it back. Maybe you should inform yourself better before making an article.
The donate law was started 17 days ago on the 5th and was approved on the 6th, so Huey was not CP anymore by that stage.
Yes he was CP, on the 6th of November, until 2 pm GMT. I remember he even started the battle on the 6th. Have you not Huey?
I have no idea exactly what time the donate law was approved and no way to find that out unless somebody took a screenshot at the time.
So SerF we're quibbling over tiny points here, but you're saying that before 2pm on the 6th the money was transferred into the MoD, more than 100k was spent, and then the rest all transferred back into the Country Accounts?
All of this taking place before 2pm when Alex took over as CP?
Yes, just like Huey spent 80k cc in few rounds in Northern Ireland. You can ask Chaz before he handed me over MoD MU, how much was left in it and it was little less than 300,000cc. Under Alex there was not a single donation law passed.
Oh I've never said the rest was sent back to Country Accounts...
[removed]
Sorry, I misread the bit when you said "Also, all of that money was transferred back then." You meant to the MoD org I presume?
Ok, but you stand by the rest of what I said?
I stand by what I know and it's this WookieO:
The donation law was passed on 6th (morning I think) while Huey was still CP. He even started a battle that day. The money was donated to MoD org. A lot of money was spent the same day. When I took over MoD MU, there was little less than 300,000cc in it (around 286,000) which Chaz can confirmed was used in high damage battles during Huey's term.
I'm not accusing anyone of stealing or anything. Just want this report to be price.
Absolutely. I agree with you. It's important to get the facts straight.
As I said earlier I wasn't around on the morning of the 6th to see the donate law pass, so I assumed it had happened under Alex's watch.
Good to get these things cleared up though.
I suppose it's not something anyone would've thought to take a screenshot of, so we'll never have definitive proof, but then nobody's got any proof that I'm not a multi of Wayne's either 😛
I believe you can verify the time when a law was proposed if you are so inclined (if my knowledge of game mechanics are not failing me) The "Proposed by citizen, xx days ago" counter ascends a number each day at the time it was proposed. So it'd be a case of checking the counter around 2pm (UK) time.
I'm fairly sure the approval of this donation happened after my Presidency ended hence my report.
However ultimately I did give my MoD Chaz the freedom to spend money on COs at his own discretion and I'm happy to be held accountable for all spend on COs during my term as CP. However I don't believe him to be capable of spending so much in such a little time as he has proven himself consistently to be a fantastic MoD. I also believe my term ended with 49k left for the MoD to spend on COs for my successor to use alongside the 400k. So I assume if COs were placed in the battle I opened on the 6th some of 49k would have been used.
However I fully agree the facts need to come out on this one.
My knowledge of game mechanics has not failed me. The donation to the MoD was approved sometime between 13:42 UK time (05:42 new world time) and 13:53 UK time (05:53). Admittedly during my term as Country President although in the final 18 minutes at most making an expenditure of the donation to the MoD in my term high unlikely and implausible. The accuracy of the MoF report can be counted as verified.
As a reminder readers can verify this yourself as the "Proposed by citizen, xx days ago" counter ascends a number each day at the time it was proposed. So it'd be a case of checking the counter around 1:40 pm (UK) time and refreshing the screen on occasion to watch the counter ascend.
Happened on election day, if I remember correctly.
And Huey was CP the next day as well... Try again. MoD password was also changed.
One more thing... Where's over 100,000cc that was placed on the Monetary Market by Bank of England? Why isn't that money mentioned in this report?
There hasn't been that amount of cc on the Monetary Market from the Bank of England for a while. I'm not sure where you are getting your information from?
What's this then:
"100,000cc sold at 0.005 / 275gold sold at 200.50/ 100,000.00 "
Seems like partial details of an unspecific Monetary Market transaction.
Again there hasn't been that amount of cc on the Monetary Market from the Bank of England for a while. Where are you getting your information from?
Source seems correct.
I'm getting it from a trusted friend... So you confirm that no sum was ever placed on MM by BoE?
The Bank of England has done a tremendous amount of Monetary Market fishing over the years. However once again there hasn't been that amount of cc on the Monetary Market from the Bank of England for a while. So I'd check your source.
Which MU has control of Squad B Royal Navy?
The Royal Navy has control of Squad B Royal Navy.
Why does the RN have two Orgs, every other MU has one?
If MU's can have more than one org, I request that DC be given access to a second one.
If my memory serves me I believe Mick Cain on behalf of the Royal Navy asked myself and the current CP at the time WookieO who granted their request.
The current Country President sets out the policy regarding the use of Government Orgs. So I'll speak with Suezo however I don't see any issue with it personally o7
Does RN have more than two orgs?
The Royal Navy do not have more than two orgs.
Is the current going rate for an Org 100k to private citizens?
Great summary. Thanks for the information.