[MoF] Term Finances - Preview
Jack Lantos
I had originally planned to disclose full accounting of exact expenses against budget at the end of term, for the entire term in one efficient shot. However, due to popular request and familiarity of most players with much simpler reports on a weekly basis, I have decided to make an earlier article describing most of the various balances that the Ministry of Finance monitors. There will still be a fully detailed expense report at the end of term, but now there will also be this preview.
Central Bank Transactions
Accounting from the Central Bank of India is viewable to the public: http://tinyurl.com/eIndiaCentralBankAccounting
See the next article for more explanation of this spreadsheet.
Balances and Expenses
Click for larger:
Balances at the start of this term are shown in grey bars. Expenses in the previous term towards the current term are also shown in grey bars.
The green bars show our budgeted targets for the end of term, as described in the budget report.
We are not at the end of term yet, we are at week 3 of 4 and the balances and spending amounts at this time are shown by the blue bars.
Some notes/observations:
- As expected the loan pool has increased relative to the starting level, although this was regulated to ensure reserves did not become entirely sequestered and loans remain available.
- The Central Bank of India (CBI) balance includes INR offered on the monetary market.
- Reserves in the treasury are routinely transferred to the CBI by congress, although the game mechanics limit the rate at which this can be achieved. The normal transfer of INR from treasury to CBI was temporarily delayed when several transfer proposals had to be used to verify the status of some of the national Orgs. These transfers were designed to test which orgs controlled by the government are classified as normal or national - it's important to know because only normal orgs will be deleted by admins in the coming days.
Other financial matters
The situation with Orgs and their impending deletion is covered in an article by Kismu - in short we are auctioning off the normal orgs to regain their gold value before admin deletes them, and players have a chance to gain licences and possibly gold. Credit goes to Kismu for conducting a detailed audit of all national organisations and handling the auction.
Active loans have been published weekly as usual.
Gold levels are not covered in this report, as they are kept stable. This will change next term, with the introduction of the Bugarian diplomatic arrangement that has the benefit to us of increasing gold availability.
Upcoming final report
All the finer details of expenditures will be compiled for the final report this term, with the intention of provided accurate and comprehensive information for the future governments, as well as assurances to the public that we strive to manage state finances with due diligence and responsibility.
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Jack Lantos, MoF
Comments
INR is crashing vis-a-vis Gold.
nice update!
o7
Voted.
You sir, are fucking awesome. \m/
great report
voted
Is it a preview or Report ???
I would like to have nos and then graph.
Sorry If Im hitting you. I believe when u provide some stats, u got to present your report in nos and then in graph. Reason behind is, You placed your Comparison sheet, if u can put in some actual numbers it will be good. I dont think so, its gonna big issue to do tat.
Hope you agree with my statement.
It is presented in a different way to what you are used to but there is much more information this way. Can you clarify what you mean by Comparison sheet?
I added the numbers if it makes things easier, if the issue was reading them off the graph
o7
I term the graphics which compares the expenditure about previous/start of term and during this term as comparison sheet.
Never mind. Thanx for posting the expenditures in figures as well.
I'll ask you in anything else is required ..
thanks
V18 07