[MoF] Bank of England - Financial Report 15th April to 26th August 2018

Day 3,933, 15:08 Published in United Kingdom United Kingdom by Bank of England



The Books
Treasury: £33,970.28 (as of 12:00 Day 3,799) ---> £981,327.20 (as of 07:30 Day 3,932)
Government Organisations: £4,010,440.94 (£503,778.01 on Monetary Market)
Tax Income: £3,763,634.00 (since Day 3,800)

Tax Income (including donations) under Democracy: £3,748,437.00
Tax Income (including donations) under Dictatorship £15,197.00
Donations include:
Between Day 3,800 to Day 3,896
Return of TW revenue (Croatia & Lithuania) £434,140.00
Between Day 3,897 to Day 3,932 (From Dictator UKSF’s report )
One 'rental' payment of 600,000cc
One 'upkeep' payment of a rounded up figure of 12,000cc x 30 days = 360,000cc

MPP Fees: £290,000 (since Day 3,800)
MoD Spend(Day 3,800 to Day 3,896): £150,000.00
Liberation War Cost (Day 3,932): £1,000,000.00



Introduction

A report to cover the period between Day 3,800 to Day 3,932 from the Ministry of Finance.

The MoF must offer apologies for the long delay since the publication of a Bank of England - Financial Report.


Market Log

A look at recent market trends
Q5 Food
Recent Record


Q7 Weapons
Recent Record


Q1 Houses
Recent Record


Q1 Aircraft Air-to-Air Missles
Recent Record


Gold
Recent Record




Revenue

*£960,000.00 Treasury Donation on Day 3,931 not displayed due to it's dominant affect on the graph's scale
Gross Domestic Product

Average Wage




Bank of England Monetary Market Trust

As a reminder, the Ministry of Finance is taking advantage of the gold price on the monetary market by operating a Bank of England Trust for citizens and allies to invest in.

Six citizens have invested into the Trust. After a period of temporary suspension, the MoF will be placing monetary market offers once again from a number of eUK Government Organisation reserved for use by the Bank of England. The monetary market profits have been agreed to be split 60% to the citizen and the remaining 40% for the Treasury to reinvest/store in reserves. Any monetary market profits made will be reported in future MoF Reports.

Please get in touch to discuss this further or declare your interested in investing into a Bank of England Trust.



Player Support Programme and Training Ground Loans

Upgrading your strength buildings is the best way to earn income as it allows you to receive Super Soldier medals much quicker. A Q4 Weights Room & Q4 Climbing Center (without any contract training) earns the most money of any training/contract combination. Together they will earn you 13.38g/month (0.446g/day) after you pay the daily training.

During promotional periods training ground upgrades are reduced;
To upgrade your Weights Room, Climbing Centre, Shooting Range or Special Forces Centre it costs 45% less for each incremental rise in quality.






Monetary Market fishing Guide - Republish

Monetary Market (MM) fishing is not new and there are many fine guides however here is a brief MoF guide as a refresher and to introduce the concept to younger citizens who may not be aware of it.

At the current market rate it is most optimal for a citizen to invest £3,333.00 into a MM fishing. There is two reasons for this;
1) The current and fairly long-standing exchange rate for 1GBP has been 0.003 Gold.
2) The daily gold limit for most citizens is 10 gold.
Therefore the maximum currency you may sell at the current exchange rate is £3,333.00 for 9.999 gold.


It will take around 10 days for your currency offer to sell on the monetary market. This will give you 9.99 gold. It is worth noting that the amount of currency you sell can vary greatly, sometimes all the currency you put on the MM will be bought and sometimes you don't sell any. Offers do expire on the MM, however, any currency that does not sell is returned to you

Place this 9.99 gold onto the monetary market at the current exchange rate (around publications this was 1 gold for £429). This will result in the 9.99 gold selling for £4285.71. Once you subtract your initial investment of £3,333.00 you will have generated a profit on your investment of £952.71



Close

For any further information don't hesitate to contact the MoF.

Minister of Finance and Governor of the Bank of England
Azidano Valkran
or
Deputy Minister of Finance
Huey George
Links to other Government Newspaper