Nation Name:The People's Republic of Avroslavia
National Government Type:Communist Republic
Finance Minister, Minister of Economics, or Equivalent:Jorji Costava
National Central Bank:The Central Bank of Avroslavia
Central Bank Head:Thomas Akyol
Please Describe the Central Bank's Role:Printing money,stabilizing economy,taking loans
Is your nation reliant on exports for economic growth?:No
Is your nation reliant on imports for certain commodities?:Yes:Machine Parts
Inflation Rate:%1,42
Real GDP:47,117 Trillion NSD
Total Government Reserves:20,4 Trillion NSD
Unemployment Rate:%12,3
Does your nation follow an Expansionary Monetary Policy?:No
Does your nation follow a Contractionary Monetary Policy?:Yes
Does your nation face a national budget surplus?Yes
Does your nation face a national budget deficit?No
What is the value of the surplus/deficit (for this year) in USD?17,653 Trillion USD
What are the budget projections for next year?
When was the last time a major change in fiscal policy occurred?Never
What was the result of the change?
How long has the deficit/surplus lasted?10 Years
What is the debt to GDP ratio?There is no debt
What is the revenue to real GDP ratio?%5
what is the expenditure to real GDP ratio?%3,117
Has your nation ever defaulted?No
If so, how many times and when?
What is the current political climate in your nation?Stable
Are there any signs of major dissent?No
Is your economy expected to continue growing?Yes
Briefly describe your economy:Our economy is based upon book Publishing and Arms Manufacturing.
Briefly describe your nation's fiscal history:We reap what we sow.That means we don't get unnecessary debts.
