Presidential Update #2
Day 1,789, 02:24
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Published in New Zealand 
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by
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by Valentyme
First off I would like to say thanks to Sor3na, my VP who recently had his account stolen, and has decided to quit. It was an honor to serve with you in many administrations, you are a great friend and I had a great time fighting with you against our enemies over the last year. Its sad to see you go, but I can speak for all of New Zealand, when I say we understand.
I would also like to announce to everyone, that since Sor3na can no longer remain the VP I have decided to appoint Crackshotnz http://www.erepublik.com/en/citizen/profile/5244634 as my new Vice President \o/
I would also like to formally thank Chile and our other allies within CoT who have helped to restore our nation over this last week.
As I am sure all of you are aware, the country accounts have been very short on money these past few months, due to the bot no longer buying things on the market. We have been unable to buy supplies for our amy and now we are facing problems with renewing our mpps. My first measure to counteract this will be to lower the tax rate on weapons imports and to raise the VAT on weapons to 10%. Weapons prices will inevitably go up, but the cabinet has agreed to buy weapons from foreign markets and sell them here in order to help lower prices.
As a citizen what can you do to help this finacial crisis? The main thing that everyone can do is to be homemade products. They maybe more expensive, but buying products on our market will help to provide much needed income for the government so we can continue to renew mpps for this following month.
So remember, when you buy New Zealand products, you support New Zealand, its the patriotic thing to do!!!
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o7
Well I like this Mr. President. But there are some problems. CoT is a small nation alliance bent on filling the gap ONE left behind. Repeativly in eHistory, Small Nation alliances have not lasted long. Take I dunno, the Arabiam alliance between Saudi Arabia and Egypt, or Luna, also a small nation alliance. I have faith in this, but I'm concerned about if we will last into the future, cause we already lost Japan.
V+S
@Naxhi: CoT has potential, Indo and Macedonia are both applying to join, this will greatly strengthen CoT.
@naxhi26 those alliances you talk about never had support from some of most powerful countries, CoT have bulgaria and all ex-one countries supporting it
Be patriot, buy domestic products... 😉
um guys, i have a problem.
Im trying to figure out more about NZ's position, but the forums dont give muhc, and no one is on Rizon IRC
any ideas?
Nice article. But Home Made products include the ones people like me make and sell. So if the people get more money how does the government get money from the lowered taxes? I do not think this help our struggling economy.
Hope you can bring our great nation to its old power full self, from this horrible excuse for a nation. Voted for you because I haven't seen what you are capable of.
@Lime Parkour: we are lowering the import taxes to expand the market and hopefully to get more people to sell here. We RAISED the Value added tax to 10% so that should definitely boost the revenue we get as long as people NZ products, since we get 10% of the profit from every product sold.
I don't get it. On one hand, you lowered import to attract more people to sell in NZ, but u raised VAT, so the prices will go up and people will still buy weapons abroad. We are a small country, thus we have a small market with big prices anyway. The last thing we need is even bigger prices...I hope u understand, not many people will import their goods in here no matter the import tax, cause the prices are high, so they won't sell anything. >>>
>>>Also, that way u will ruin domestic production, cause producing a tank in NZ costs much more then in some country with lots of resources.
The most illogical thing is for u to actually buy foreign products and sell them here. If u're doing that with country's assets, u will do just the opposite of what are u trying to do, drain our money even more.
We won't be buying foreign products with government money, it will be our own personal money.
That's a patriotic thing to do, but I'm afraid it won't be nearly enough...I think our main problem in economy are not prices, but the fact that almost all of our citizens are MU members, working for minimum wages. So, we all tend to buy cheaper stuff, on iTrade or something, not many players are using in game market at all...
I buy weapons on our market for my two MU's and I also buy weapons everyday on our market to build Q5 rockets.
Yeah, well, we'll see how it will turn out. Good luck anyway, I will help in any way possible, but I spend 15-20 q7 tanks per day, I buy max 15 from market, that's like 30 nzd in taxes every day from me.
voted
Long Live New Zealand
we tried to have 5% VAT and import 1% in that time we had to change something, so we lower VAT on 4% and raise import tax to 3% that didn't change a thing, we had lower income than we had before.
NZ have problem raising money to have MPP's something has to be changed, if that doesn't work surely we will change something again, but we encourage our citizens to buy on our market and Ministry of Economy along with the rest of the gov will have job to put wep's in order to keep prices down.