Economy of Iteru
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| Currency: | Talent / Deben (silver standard) |
| GDP: | TBC |
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| Labour Force (% of Total Population): | TBC (TBC %) |
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| Unemployed (% of Total Population): | TBC (TBC %) |
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| Budget: | TBC |
| Budget Surplus or Deficit: | TBC |
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| Imports: | Everything |
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The economy of Iteru is best understood as being essentially agricultural, extractive and redistributive in nature. Resources are gathered in by the sepat administrations and held in granaries and storehouses under the central administrative control of the Vizier. This central apparatus, supported by court and temple bureaucracies, then determines whether surpluses thus acquired are either to be redistributed to meet shortfalls elsewhere in the kingdom, placed for export to acquire foreign capital, or assigned to internal programmes of work. The greatest drains on the resources of the Iteran state are, in descending order, the Royal Court and Necropolis and Men-Nefer, the temple hierarchy, the branches of the armed forces, the central bureaucracy, and the provincial bureaucracy.
Unusually, perhaps uniquely, the temples of the pantheon of Iteran gods also serve as centres of manufacture and production, sizeable corps of artisans and fabricators are maintained on the staff in the great houses of the gods, distributed throughout the towns and sepats of the kingdom.
The largest single industrial enterprise under the control of what might be termed the central government is Pharaoh's Great Arsenal, a series of dockyards, slipways, assembly-lines and workhouses, built in a radial pattern on an artificial circular island set into the river before Damietta and linked to the city by a fortified causeway. With the defection of Talenore and its fleet at the onset of the Iteran Crisis, the Great Arsenal overtook the funerary works at Men-Nefer, dedicated to ensuring the immortality of Pharaoh and his lineage, as the overwhelming priority of the Pharaonic state. Although firmly under the control of the Royal Iteran Navy the Great Arsenal has the largest assortment of usable machine-tools in the entire kingdom and as a consequence is called upon to repair and maintain all manner of equipment bought, borrowed, or stolen by the Iteran military for use in its wars. The production facilities of the Great Arsenal are driven by a hydraulic power network linked to a barrage of floating watermills and pumping stations built out into the river upstream from Damietta where ingenious waterworks, dug with corvée labour at the cost of a great loss of life, increased the flow of the vast megariver by an order of magnitude.
Financial sector
The financial sector of Iteru is underdeveloped. Banks and financial institutions do not exist as distinct entities, rather their functions are performed by Pharaoh's own sacred treasury and the money lenders associated with the various temples complexes which form the backbone of Iteran society. Foreign direct investment is deterred by not only Iteru's closed society but also by the economic embargo and distant blockade maintained by the Raspur Pact as a consequence of the Iteran Crisis.
Exchange rates
The Temple of Amun at Men-Nefer solemnly proclaims and avers that one Talent of Iteran silver is presently worth:
- 15,867 Cräite
