Melanie Laveau (@MelveauGBC) and Harrison Konstantinous (@KonstantHarris) (GBC)
11/18/2014 | Saxonople, UFG
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:· Geannese budgeting
In total the MoE has reported that for 2014, a total of $2.5 trillion in Federal Taxes were collected - a 5.6% increase from 2013's Budgetary Report. The MoE further reported that on average, $62,500 was the expected income of medial families - a small change since 2013. The MoE also released quarterly reports throughout the year outlining budget cuts and increases with the Federal Administration losing 3.2%, Education gaining 1.5% thanks to the Education Reformation Act of 2014, and the Defense slash for the Royal Army that dropped its spending of 8% to redirect funding to the Navy - with an increase of 4.5%.
Trade has also increased - by reports released by the Royal Trading Company citing a $134 Billion increase in trade contracts for 2014 - a 13.4% increase from 2012. Harold Gowley of the RTC Treasury Board stated that he was pleased - ''Since we've expanded our contracts to global partners, and the nation has opened herself up further to foreign investment - we are pleased to see this - it is very good news''.
A few special moments were of course marked out in the report, such as the sell of several ships to the Valinese that slashed maintenance and operating cost for the Navy - and a significant investment by Sel Corp as well into Valinor. Chief Minister Chloe Emro of the MoE stated that she was as well overall pleased with the results - she also pointed to the recent investments into Valinor. ''I hope to see further investors flocking to the Valinese - there's a strong chance for a mutual economic partnership and friendship between us''. She also said that the MoE would be further looking into increasing trade with Emmeria, Belfras, Jolan, and Estovakiva.
Some worry about the implications of the Geannese markets being so open to nations across the spectrum - this worry was downplayed by Prime Minister Reinhardt saying, ''RCO, CDI, CMSA - If you can't set your differences aside to strengthen peace and prosperity - to offer stability, reconciliation and friendship with your neighbours regardless of the lines, there's a problem. We are friendly, we want to strengthen ties with everyone - blocking off entire nations to your markets only causes stagnation''
In total, the MoE reports that following the budgetary report - the Federal Government has a surplus of around $3.3 Trillion, money she can use to further increase investments into other nations and work with further budgeting for 2015. In total, a 6% increase to spend - even if appearing small, Emro says she is pleased and excited to see that the economy is growing rather than slowing.
By GBC's Sarah O'Clowd
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