[MoF] Buy British / Donations Schedule
Bank of England
Citizens!
If you regularly buy CC off the monetary Market then this article is for you. (It is also for you if you are expecting to be a Congress Member next week!).
What follows is some advice on how you can help everyone when you make a CC purchase. It just involves looking for UK orgs to purchase from.
Profit from your Purchases
We have began the Citizen Dividend. This Dividend sees all the profits made from trading currency on the Monetary Market given back to you, the public!
So… BUY YOUR CURRENCY FROM UK ORGS AND THE PROFITS WILL COME BACK TO YOU!
Currency offers are listed at the same price for pages and pages. A few clicks through the listings to find a UK org will literally put money in your pocket. It’s worth the clicks!
To help you locate an org to purchase from to drive up the value of the Citizen Dividend, we have listed some of our favourites below:
Searching for one of these orgs to purchase currency from will help generate profits for the MoF trading team, which will be sent to active citizens at the end of the next rewards window.
Do it!
Donations Schedule
Congress propose Donate laws, and as such the Government and Congress are invited to suggest the schedule for those donations. I have suggested one below which will put the right funds in the right orgs to pay for our programs. It is really important we are clear about where our donations go and how the money in those orgs is used. This aids in transparency around spending and clearly sets out what Congress can expect from our cash.
These donations are based on our income, so I have done some work to show you where it comes from! Two charts tell (almost) the whole story - tax based income in green (showing the last two months) and the last 30 days of of TW debt accrued by the eUK (which enters the treasury and is sent back to our TW partners).
Last 60 Days of Tax-Based income
Last 30 days of TW Debt
These determine our donation schedule - income is drawn into orgs to fund our programs, and the debt is returned to partners either directly or via the Bank of England.
In order to arrive at the below donation schedule, I have looked at the eUK’s income streams (Tax based and TW based). I have taken the averages of the last 10, 20 and 30 days and used these figures to estimate how much income will be generated by these channels over the next 30 days. This is how I have arrived at the figures for donation schedules over the last 6 months, and has been an effective estimate of our income over that time.
Estimations of Treasury income - data correct as of 22/05
Rounding down on the number of donates, any TW partner due 2 or more I suggest Congress donate directly to. Any beneath that we can manage centrally, as at the moment most of our TW partners only accrue a tiny amount of debt day by day.
This month it is likely we will need around 19 donates to liquidise the treasury. The destination of those Donates and the purpose of them is listed below. As the eUK Home Office is flush with funds and we are not running blanket donations from it, I have suggested 0 donations this month.
Proposed donation schedule
The above donation schedule uses the projected debt position for Ukraine as we are paying them via Congress donates which will conclude in the next couple of days.
Thanks goes to Congress for considering this schedule of donations.
Thanks for reading everyone, and remember if you are buying currency on the MM - Buy British*!
*Buy United Kingdom of Great Britain and Northern Ireland (not as catchy).
Mr Immanuel Kant (MoF)
&
Mr Woldy (CP)
Comments
Feel free to comment the org that gives you the most nostalgia 😛
Is it still possible to directly invest money with government organisations - if want would be the deal?
We can certainly arrange something. Either making an org available to you or we can find some orgs to trade your investment in, and can split earnings between yourself and the cit dividend
good tips for the monetary market
What is the timetable for a comprehensive spending review and summary of the UK's finances from the Government?
In addition perhaps a lack of clarity and transparency around the Ministry of Entertainment and what programmes the funds in the eUK Home Office Org are intended to be used to address?
The article states
". . .eUK Home Office is flush with funds and we are not running blanket donations from it, I have suggested 0 donations this month. . ."
and
"Proposed donation schedule" screen snip suggests the eUK Home Office Org's purpose is “MoHA Giveways & New Player Support”
So which organisation the spend of the Ministry of Entertainment comes from is not covered at all however I presume the Ministry of Entertainment spend will be drawn from the UK Home Office Org (which stands at 905,369.11cc for those with an interest in details) as you've made no proposed donations to the Ministry of Entertainment org directly in the schedule provided?
However confirmation would be lovely o/
Your assumption is correct and this is recorded here : https://www.erepublik.com/en/article/-mof-government-programs-may-anticipated-spend-report-2779243
This also contains the spending reviews 😄
I meant when do you intend to publish a comprehensive spending review including actual spend to date on Government programmes to provide greater transparency of your government's spend rather than start of term vague projections. 🤓
And a summary of the UK's finances which include details such as UK revenue returns from hosted TW partners and details of RCF returns so we can have a record of these being properly managed. o/
The vast majority of programs, and certainly the ones with large budgets, are all now running on a fixed-cost basis - this means the anticipated spend report is not a vague projection but lists what will actually be spent, because the cost is 'fixed'. 🙂
The MoD data from the last rewards round I think you have seen, there's been no further defence spending as everything is being paid in-step with the rewards cycle. The only outgoings therefore are via the MoHA/Ent and the Whimsy competitions:
Weekend Whimsy 1 - 20k of prizes paid
Weekend Whimsy 2 - 33k of prizes paid
As you can probably imagine we are logging intra-org and inter-nation transfers in the same way we did in AMD's term which was based on enhancing the state of bookkeeping at that time to make it easier to follow for people who wanted to know what was going on. A snapshot of what has moved so far is easy to provide if you want it. There haven't been many as we are using the funds in orgs for the purposes specified rather than moving them around to cross-fund things as has appeared to have happened a few times in the past. But happy to provide if you're interested?
Information on concessions calculations wasn't provided in the handover but it would be useful to catch up about that, I'm liaising with Spain about how to streamline the algorithm in the treaty which I think may not reflect the terms of the actual treaty, I'm assuming you'll be in Congress o there will be updates there 🙂
The details of what players actually received from your government is vague, the reporting of what was donated to players was great, thank you again but subsequently expired or was rejected could be more transparent. I think I've only got one screenshot of the expired / rejected records, which is not a very user friendly way to share data as the data is tricky to analysis without manually transferring it.
You might have fixed costs but they won't reflect your actual spend. I can help you with some ideas of how to share data to a player level of detail if you need some help o/
Please, remind me again when everything will be paid and reported on with your rewards cycle. I'm just trying to understand what and when Congress will received data from the Government to help Congress to consider this schedule of donations
Thanks for the MoHA/Ent and the Whimsy competition high-level figures however it would be useful to see the detail of which players received what proportion of the prizes paid out.
A snapshot of what has moved so far, would be lovely, thanks. (Hopefully not just a snapshot though as covered above they aren't user friendly)
We've covered Defence spend and MoHA/MoENT spend, out of interest has there been any new player support spend?
I apologise for the oversight with the RCF concession data being omitted from the Government Handover. I have move the RCF concession sheets into the Government Handover gSheet and will be available for any catch-up required. o/
With respect the information shared to Congress and others historically has been very un-user friendly, occasionally incomplete and always difficult to use. Everything is going to be in published gsheets by the end of term so people can interact with the data however they please, just as has been the case with the fighting rewards already which is at citizen-level, we can't really be more un-vague then that! o7
The reason some sources haven't been published yet is because they may yet change. Returned fighting rewards is one such example - people have asked to be sent their donate again so there'd be no use sharing what is returned so far as it may change, any analysis undertaken on it until the next rewards cycle when it is final might be wrong as a result. If you want to see the current list then I can provide it again. Likewise for international payments but if you don't want a screenshot you'll need to wait til after the bank holiday 😃
With fixed costs for fighting rewards & pre-epic rewards it does literally mean the cost wont change, there may be a rounding variance of 1-2 GBP but both rewards distribute a set fund across eligible citz. So they will cost 1.6 mil and 200k respectively. LFE's are not not projected to exceed their 200k budget 🙂
The rewards cycle is each 4 week period starting Tuesdays when fuel resets so all the final figures will be being compiled on Tues May 4th.
A participant-level account of MoHEnt prize giving is easily provided but it will probably give you a better sense of who is good at anagrams then anything else - it isn't a wide range of participants so I can post it here or put it in a gsheet, whichever you prefer. There hans't yet been New Player spending because Garth is sense checking the player-pathway with the wide pool of new/returned players in the MoHA 😃
From my experience with sharing data, it’s always easy to find a reason not to share it. For example you could just mark on the records which players have asked to be sent their donate again. I’m sure a Congressional member could factor this into their own analysis. So in my mind it’s not a reason not to share the the current list.
Yes, happy to wait till after the bank holiday for international payments details if it’s not easily to hand in a useable format. o/
When you say “fixed costs for fighting rewards & pre-epic rewards” will cost 1.6mil and 200k respectively, does that mean that all rejected or expired donations will be distributed to the eligible player pool? If that isn’t the case surely the costs will be less than 1.6mil and 200k?
Your “better sense of who is good at anagrams then anything else” is my “clear and auditable record on UK revenue spend”. Regardless of the Government's “deemed importance”, "amount of players who benefit from the funding" or "total amount" of the spend, any government should strive to accurately report financial spend data such as this in a user friendly manner. So it all in a gSheet (after bank holiday) would be lovely, thank you 🤓
It has been described elsewhere but it sounds like it is worth clarifying here too:
- the fixed funding goes into the rewards pot
- the rewards are paid
- any expired/rejected donations go into the next rewards pot in time for the next rewards payment.
As such all of the funds in one month are cleared - that which isn't claimed by citizens is sent to the next funding pot. A log of everything allocated and everything expired/rejected is kept so it is all auditable, and that data is published for the public/congress/whoever wants it.
It's a bit odd saying in your experience it is easy to find a reason not to share things. I can't comment on your experiences but in this instance, everything has been shared, and we are not seeking reasons to avoid sharing anything. You have been provided the info you are asking for in addition to the published gsheet.
Because the main dataset is provided as a published gsheet (the most-user friendly format known to humankind) most people will take their own copy of that data for their analysis. Donations expire in 3 days so people are being given a chance to ask for their donate again if they missed it, at the point the next round of rewards are being paid anything unclaimed gets sent to the next pot as described above. That's why expirations will be added when they are final and not when they may still change - people risk having different versions of the dataset otherwise. This approach is typical of data returns submitted and published IRL. Publishing it in the transparency doc too soon risks misleading people as to how many donates in reality are expired/rejected, because that wont be final and is subject to change until around May 1st.
Notwithstanding, you have been shown the current rejections/expiries list, so I'm not very sure what the issue is 😛
Int'ntl payments and MoHA spend is very easily available to show you in a useable format, but isn't easily available is my PC so as stated you will need to sit tight for 2-3 days. It is all accurately recorded as much as you seem to be trying to suggest otherwise! 🙂
Ive realised Ive said May twice when I meant to say June:
Next rewards data compiled on or around June 4th
Re-donate window closes on June 1st
“. . .A log of everything allocated and everything expired/rejected is kept so it is all auditable, and that data is published for the public/congress/whoever wants it . . .”
however just not right now because...
“ . . .The reason some sources haven't been published yet is because they may yet change. Returned fighting rewards is one such example - people have asked to be sent their donate again so there'd be no use sharing what is returned so far as it may change, any analysis undertaken on it until the next rewards cycle when it is final might be wrong as a result. . .” or
OR
“. . .Publishing it in the transparency doc too soon risks misleading people as to how many donates in reality are expired/rejected, because that won't be final and is subject to change until around May 1st. . .”
OR
“. . . Int'ntl payments and MoHA spend is very easily available to show you in a useable format, but isn't easily available on my PC so as stated you will need to sit tight for 2-3 days . . .”
In anyone’s books these are your own stated reasons you aren’t publishing or sharing data in a clear, user friendly fashion at the moment…it’s a bit odd to say everything has been shared when you contradict yourself and say there is data you are not ready to share and have given me timescales in the future that you will share… 😛.
You are not very sure of what the issue is because there is none. Let’s not go down the road where genuine questions of the government are classified as an “issue” as that encourages a dismissive mindset. I will empathise that I’m content with the timescales, that you have provided me with a partial data requested return and the “reasons” you’ve provided not to provide me with all the data requested at this time. 🤓
Once we get through this cycle and you are able to improve the processes you share government data I’m sure this will get easier. Once again I'm happy to offer you advice on this. o/
Plus I assumed you meant June 🙂
I'm glad to hear there's not a problem, albeit presumably you are wilfully misinterpreting what has been said. This won't assist others in understanding how the funds are being ran so again, to clarify:
A log is kept and will be published in full.
At the moment the published rewards data does not include the info on expired/rejected donations.
This is because the final record of expired/rejected donates won't exist until June 1.
AND publishing data that may change can mislead or confuse users of that data.
Separate to this you've asked about MoHA spend - that is already compiled and will be shared when I get home next week, I don't really see how me being away for the bank holiday is somehow a gotcha.
There's no dismissive mindset here. I cannot help to point out the irony in you saying that after months of repeatedly ignoring everyone in comments or in congress. We have a very straightforward process for sharing data which is that when it is complete at the ends of a reward cycle it is published in full in gsheets where people can examine it until their heart's content. The public and Congress have not had this much info available to them in years. You may have advice on how to do it your way, but the accountability bar is being raised significantly - even just in the fact that people can have an exchange such as this now!
Getting defensive about this matter is not a good response… I’d also suggest we leave personal opinion and political rhetoric to one side.
Let’s leave this matter for a few days as it feels like it’s on the verge of becoming unconstructive and I believe we are in alignment on what data you / government will provide me and all players in the UK.
Enjoy your time away from home o/
Apologies if I have appeared 'defensive'. Others can read and judge if they think something is rhetoric or just a reflection of their experiences over the past months. A lot of work is going into making everyone as informed as possible o7
et voila o7
https://tinyurl.com/2vtx6mus
interesting!!!
good article.
I'm coming for ya, HMS Defiant!
That's the spirit!
I've only been buying gold so far. But should I ever need cc, I'd buy from a British org.