Economy of Kalgachia: Difference between revisions
No edit summary |
No edit summary |
||
| Line 134: | Line 134: | ||
! scope="col" | Kalgarrand spent abroad from Strategic Currency Reserve | ! scope="col" | Kalgarrand spent abroad from Strategic Currency Reserve | ||
! scope="col" | Kalgarrand committed to Strategic Currency Reserve | ! scope="col" | Kalgarrand committed to Strategic Currency Reserve | ||
|- | |- | ||
| 159 AL<ref><small>November 13th to November 22nd, 2017.</small></ref> || 135 tonnes<br>(of a potential 150 tonnes) || 28 tonnes<br>(from new gold production) || 20 tonnes<br>(from new gold production) || none || 87 tonnes totalling 2,797,427 kgr <br> (from new gold production) || 720 kgr || 720 kgr<br> (from newly minted currency) || 3,233,682 kgr<ref><small>This spike in expenditure caused by the cash purchase of 32 [[Jan-van-Gent VII Model]] transport aircraft from [[Jingdao]].</small></ref> || 2,796,707 kgr<br> (from newly minted currency) | | 159 AL<ref><small>November 13th to November 22nd, 2017.</small></ref> || 135 tonnes<br>(of a potential 150 tonnes) || 28 tonnes<br>(from new gold production) || 20 tonnes<br>(from new gold production) || none || 87 tonnes totalling 2,797,427 kgr <br> (from new gold production) || 720 kgr || 720 kgr<br> (from newly minted currency) || 3,233,682 kgr<ref><small>This spike in expenditure caused by the cash purchase of 32 [[Jan-van-Gent VII Model]] transport aircraft from [[Jingdao]].</small></ref> || 2,796,707 kgr<br> (from newly minted currency) | ||
| Line 197: | Line 195: | ||
|- | |- | ||
| 188 AL<ref><small>August 30th to September 8th, 2018.</small></ref> || 32 tonnes<br>(of a potential 150 tonnes) || 25 tonnes<br>(from new gold production) || 7 tonnes || 11 tonnes<ref><small>This spike in bullion exports being advance payment for violently accelerated importation of recyclable raw materials (principally refined metals, rubber and hydrocarbon polymers) via the [[Kasterburg]] port and rail network, overwhelmingly destined for the DLEP's strategic sub-surface stockpiles.</small></ref> || none || 2396 kgr || 2396 kgr<br> (from Strategic Currency Reserve) || 43,566 kgr || none | | 188 AL<ref><small>August 30th to September 8th, 2018.</small></ref> || 32 tonnes<br>(of a potential 150 tonnes) || 25 tonnes<br>(from new gold production) || 7 tonnes || 11 tonnes<ref><small>This spike in bullion exports being advance payment for violently accelerated importation of recyclable raw materials (principally refined metals, rubber and hydrocarbon polymers) via the [[Kasterburg]] port and rail network, overwhelmingly destined for the DLEP's strategic sub-surface stockpiles.</small></ref> || none || 2396 kgr || 2396 kgr<br> (from Strategic Currency Reserve) || 43,566 kgr || none | ||
|- | |||
| 189 AL<ref><small>September 9th to September 18th, 2018.</small></ref> || 35 tonnes<br>(of a potential 150 tonnes) || 24 tonnes<br>(from new gold production) || 11 tonnes || 9 tonnes || none || 2402 kgr || 2402 kgr<br> (from Strategic Currency Reserve) || 41,814 kgr || none | |||
|} | |} | ||
| Line 219: | Line 219: | ||
! scope="col" | Total Kalgarrand in domestic circulation | ! scope="col" | Total Kalgarrand in domestic circulation | ||
! scope="col" | Total Kalgarrand abroad<ref><small>Owing to the inflation of Kalgachi bullion stocks over time, conversion of Kalgarrand into foreign currency is best subjected to a temporal modifier in accordance with the varying flow of time between the ''Anno Libertatis'' and other calendars (conversion of Kalgarrand to currencies of nations operating under ''Ab Nortone'', for instance, requiring the sum total of other variables determining the rate of exchange to be divided by three for a real-terms figure. Conversion of Kalgarrand to currencies of nations operating in uncompressed Earth time would require the rate to be divided by 36.5. The Reserve Bank of Kalgachia cannot be held responsible for inflationary events, currency crashes or bankruptcies arising from the renunciation of this advice nor, conversely, the gaming of global currency markets for personal profit by the exploitation of [[shire:Temporal Haemorrhaging|temporal haemorrhaging]].)</small></ref> | ! scope="col" | Total Kalgarrand abroad<ref><small>Owing to the inflation of Kalgachi bullion stocks over time, conversion of Kalgarrand into foreign currency is best subjected to a temporal modifier in accordance with the varying flow of time between the ''Anno Libertatis'' and other calendars (conversion of Kalgarrand to currencies of nations operating under ''Ab Nortone'', for instance, requiring the sum total of other variables determining the rate of exchange to be divided by three for a real-terms figure. Conversion of Kalgarrand to currencies of nations operating in uncompressed Earth time would require the rate to be divided by 36.5. The Reserve Bank of Kalgachia cannot be held responsible for inflationary events, currency crashes or bankruptcies arising from the renunciation of this advice nor, conversely, the gaming of global currency markets for personal profit by the exploitation of [[shire:Temporal Haemorrhaging|temporal haemorrhaging]].)</small></ref> | ||
|- | |- | ||
| 159 AL || 220 tonnes || none || 15,596,068 kgr || 16,000,000 kgr || 3,259,663 kgr | | 159 AL || 220 tonnes || none || 15,596,068 kgr || 16,000,000 kgr || 3,259,663 kgr | ||
| Line 281: | Line 279: | ||
|- | |- | ||
| 188 AL || 258 tonnes || 42 tonnes || 19,241,195 kgr || 18,500,000 kgr || 4,349,570 kgr | | 188 AL || 258 tonnes || 42 tonnes || 19,241,195 kgr || 18,500,000 kgr || 4,349,570 kgr | ||
|- | |||
| 189 AL || 260 tonnes || 51 tonnes || 19,196,979 kgr || 18,500,000 kgr || 4,393,786 kgr | |||
|} | |} | ||
Revision as of 13:58, 18 September 2018
The Economy of Kalgachia has several distinctive features determined by the geography of the country, its natural resources, its geopolitical isolation and the cultivated work ethic of its population. It tends heavily toward the production and exchange of physical commodities, with most aspects of the service and infrastructure sectors being nationalised or church-owned as was the case in its predecessor state, Minarboria.
Land Ownership and the Primacy of the Church
Although free economic enterprise is nominally permitted in Kalgachia, it falls short of capitalistic excess in large part due to a prohibition on the private ownership of land and its consequent absence as a tradeable asset - any land not directly requisitioned by central state organs defaults to the ownership of the Church of Kalgachia, each parish of which is obliged to provide its inhabitants with housing. Although the operation of small-scale private enterprises from church-owned housing is permitted, business ventures requiring dedicated premises are only allotted land if they cede themselves to Church ownership (in practice this is generally a formality, with such businesses retaining their previous management and permitted some freedom to operate as long as their activities remain within the moral imperatives of Church doctrine).
Church-owned housing is graded as follows:
- Local jails
- Hostels for newly released convicts/lunatics, transients and vagabonds
- Homes for invalids, orphans, geriatrics and similarly worthy destitutes
- Homes for the working class
- Homes for the managerial class
- Homes for the executive class
The Church pays for the upkeep of its housing - along with other Parish-level public services for which it is entirely responsible - through its considerable accretion of business interests which, even after the cost of public services is deducted, makes it by far the wealthiest entity in Kalgachia (this funding model was originally pioneered by the Church of Minarboria through its subsidiary 'Shrubway' restaurant chain). This has occasionally caused problems of corruption among the junior clergy requiring central intervention, but it is generally agreed that without the moral and spiritual vigilance of the Church against the insidious temptations of the pecuniary archon, the sequestration of such a large proportion of Kalgachia's wealth in the hands of any other authority would be disastrous.
The Church-owned businesses of each Kalgachi Parish are required to tithe a proportion of their production to their superior March, the greatest proportion of that being tithed onward to the Directorate of Labour and Economic Planning (DLEP) for use in large projects. Industries of designated strategic importance are run as unitary enterprises under the direct ownership of the DLEP or other state organs.
The Sanctity of Food
Due to Kalgachia's strict policy of maintining 'food sovereignty' on agriculturally sub-optimal terrain, all production of food is monitored closely by the Directorate of Health and Public Welfare (DHPW) which is empowered to impose corrective measures - upto and including full management takeovers - of any food producers, processors or distributors considered to be wasteful in their operations. It works closely with Kalgachia's internal security service, the Prefects, to identify price-gougers or hoarders. Church partisans do however enjoy the exclusive privilege of hoarding food in their many concealed caches, the partisans' status as a food source being considered essential in wartime to maintain local support during an invader's punitive reprisals against civilians for partisan activity, as well as offering a lifeline in case of the attempted extermination of the Kalgachi population by artificial famine (including on a strategic level by the deployment of mass chemical defoliants or biological pests against Kalgachi farming areas). In addition to this, the DHPW itself maintains substantial reserves of long-shelf-life food in deep underground installations.
Due to a risk inexplicably termed by initiate seers of the Troglodyti as 'Ceaușescu's Folly', the import or export of food to or from Kalgachia is strictly forbidden, with the exception of recreational beverages such as Stalemate Gin. This ensures that the nutrition of the population never becomes existentially dependent on foreign trade and thus eliminates a vulnerability which might be leveraged against Kalgachia by foreign powers.
Important Sectors
Much of the Kalgachi labour force is committed to agriculture and its associated trades; the country faces the challenge of feeding its population with nothing more than narrow arable strips in river valleys and hillside terraces with upland sheep and goat pastures, a difficult process to undertake intensively and requiring large numbers of farmers with a high level of competence as they walk the agronomic tightrope of high yield demand and permacultural sustainability (the latter imperative being something of an ideological hangover, but in relieving other industries of the headache of producing massive amounts of synthetic fertiliser it has acquired a more practical legitimacy). Additionally, a DHPW study of social nutrition during the collapse of Minarboria identified the existence of private vegetable plots, chicken coops and other domestic smallholdings as a critical nutritional bridge between the collapse of Minarboria's fatally-centralised food distribution network and the emergence of the Kalgachi agricultural sector. The preservation of this resilience by a programme of DHPW incentives has inspired many Kalgachis to continue the kitchen gardening tradition of their ancestors, the produce of smaller operations being offered some exemption from DHPW confiscation during times of short supply. As the necessary technology has become more workable and available, home food production has also spread to Kalgachia's underground settlements.
Somewhat inevitably, mining is also an important sector of the Kalgachi economy - most notably gold for foreign trade, tungsten for kinetic armaments, and the extraction of vital iodate brines from the western periphery of the Novodolor Gas Field by wells in Eastern Schlepogora to prevent outbreaks of cretinism, the curse of landlocked nations. The desire to extract every possible benefit from Kalgachia's largely-barren geology has been pursued to an obsessive conclusion in Project Newrad, a scientific effort using high-end nuclear and chemical engineering to extract - or in some cases literally transmute - strategic resources out of unremarkable granite, the staggeringly marginal yields of such efforts being scaled into economic viability by the ruthless exploitation of Kalgachia's geothermal energy reserves.
Forestry is also a notable sector, occurring mainly in conifer plantations along the lower hills of the Kalgachi frontier which serve a second purpose as cover for defending troops and partisans in the event of an invasion. Timber being one of the few Kalgachi resources approaching abundance, much of it is allotted to wood gas internal combustion appliances which propel those Kalgachi road vehicles not running on geothermally-charged battery power. This in turn allows the marginal synthesis of more refined hydrocarbon fuels, plus such imports as may arrive in the country, to be allotted almost exclusively to military use.
Kalgachia also has a modestly-sized textile industry, turning the wool obtained from flocks of mountain sheep into all manner of insulating garments. After an aggressive marketing campaign by the OIEC, raw Kalgachi yarn has also proven popular among the knitting nannies of Nova England for its hard-wearing durability.
The size and shape of the Kalgachi manufacturing sector is difficult to estimate, as a major portion of it is concerned with the production of classified military hardware from deep underground factories. Many, if not most advances in Kalgachi civilian engineering have crossed over from the military industries - most famously microprocessor-abstinent electronics which push the potential of the vacuum tube to a level it never had the chance to attain in foreign microchip-oriented industries. While many articles of Kalgachi military hardware feature macroscopic semiconductors for the purposes of latency elimination, signal stability and encryption, these advances have been slow to filter through to civilian electronics which continue to rely on the humble firebottle if not outright clockwork.
Unitary Enterprises
The following Kalgachi enterprises are considered so strategically important or dependent on specialist input that they are vertically integrated into non-Church organs of the Kalgachi government.
| Name | Owner | Activity |
|---|---|---|
| All-Garden Pyroenergetics Complex | DLEP | Manufacture of combustion powerplants - rocket motors, aviation-spec turbines and wood-gas engines |
| Associated Crucibles | DLEP | Smelting, heavy machining and recycling of metals |
| AzothChem | Troglodyti | Chemical production |
| Bitzarok | DPW | Quarrying and construction aggregate production |
| Bleep Works | Prefects | Manufacture of military board circuitry, sensors, logic and guidance systems in secure conditions |
| Blobst | DLEP | Medium/heavy machine building |
| Buluhk Mining | Lieutenancy of Schlepogora | Gold mining and smelting (profits distributed to Laqi population of Schlepogora) |
| Deep Services | Troglodyti | Data analytics and management consultancy |
| Dobbinibbles | KDF | Horse feed production |
| El Kal | DPW | Civil air transport |
| Goodvial | DHPW | Pharmaceutical production |
| Elektromotiv | DPW | Manufacture of heavy electrical plant |
| Hyssengurgel | DLEP | Manufacture of hydraulic and pneumatic systems |
| Jollyvision | DEO | Manufacture of electronic media and communication devices |
| Kalavia | KDF | Manufacture of government aircraft |
| Kalgachi Railways | DPW | Rail transport |
| Kaltraption | DPW | Manufacture of construction, agricultural and logging machinery |
| Ketgachia | DLEP | Licensed manufacture of Shirerithian automobiles (80% of profits remitted to Ketek Ketshire Automotive Technologies of Goldshire) |
| Medkhoz | DHPW | Agriculture and food processing |
| National Timber Complex | DLEP | Forestry, timber production, chip/pulp/paper manufacture, wood gas refinement |
| Neopreparat | DHPW | Microbiological solutions |
| Octavian Import-Export Corporation | Foreign-registered consortium (minority DLEP stake) | Imports and Exports |
| Reserve Bank of Kalgachia | DLEP | Gold bullion assay and stockpiling, currency minting |
| Silent Wonder | DEO | Publishing |
| Skivnikproof | KDF | Manufacture of inert military equipment |
| Trannytronics | DLEP | Manufacture of civilian board circuitry and logic systems |
| United Gunnery | KDF | Manufacture of barreled weapons |
| Whizzbang | KDF | Manufacture of cartridge and rocket munitions |
Labour force
The character of the Kalgachi labour force has, to date, progressed through three distinct stages:
- 143-150 AL: The first generation of motivated Minarborian immigrants, overwhelmingly engaged in the development of infrastructure.
- 150-161 AL: Large influxes of Froyalanish Community Service Workers, imported from Shireroth after their societal downfall and mass bondage there. Mainly engaged in agriculture and raw material extraction.
- 161 AL-present: Emancipation of Froyalanish labour and the introduction of a minimum wage. Transition toward the aggressively promoted work ethic of the prevailing ethnic Kalgachi, pedagogically conditioned by the Urchagin and similar initiatives. Engaged in all areas of the Kalgachi economy, allowing the hardest workers to attain substantial social mobility.
Currency
Kalgachi currency adheres to a very literal form of the gold standard, containing that precious metal physically within all its denominations. The base unit of Kalgachi currency is the Kalgarrand (kgr), a coin of 99.9% fine gold at a weight of 31.1 grams (1 troy ounce), 2mm thickness and a very small diameter of 18.08mm. Owing to its immense value and impractical ductility, the Kalgarrand coin is not often used in everyday commerce and where it is, it is invariably mounted within a protective casing. Denominations of Kalgarrand are minted as an alloy of tin with the appropriate proportion of gold content. The most valuable of these is the Half Kalgarrand, of equal weight in both gold and tin although the lesser density of the latter results in a larger coin of 22.44mm diameter. Coins of lower value retain the Half Kalgarrand's size, but with less gold and more tin as appropriate to their denomination. The differing proportions and densities of the alloyed metals give each coin a unique lustre and weight profile which aids greatly in authentication, although this variance is less discernible in lower denominations and generally requires specialised analysis such as spectrometry.
Although traditionally expressed as a fraction for high-value transactions, sub-Kalgarrand amounts are expressed decimally as Millirand (thousandths of a Kalgarrand) in everyday use.
Gold and Currency Production / Foreign Expenditure Data (30yr)
| Year | Gold mined and smelted | Gold allotted to industrial/aesthetic uses | Gold committed to Strategic Bullion Reserve | Gold exported abroad from Strategic Bullion Reserve | Gold minted into Kalgarrand | Kalgarrand spent abroad from domestic circulation | Kalgarrand released into domestic circulation | Kalgarrand spent abroad from Strategic Currency Reserve | Kalgarrand committed to Strategic Currency Reserve |
|---|---|---|---|---|---|---|---|---|---|
| 159 AL[1] | 135 tonnes (of a potential 150 tonnes) |
28 tonnes (from new gold production) |
20 tonnes (from new gold production) |
none | 87 tonnes totalling 2,797,427 kgr (from new gold production) |
720 kgr | 720 kgr (from newly minted currency) |
3,233,682 kgr[2] | 2,796,707 kgr (from newly minted currency) |
| 160 AL[3] | 142 tonnes (of a potential 150 tonnes) |
24 tonnes (from new gold production) |
20 tonnes (from new gold production) |
none | 98 tonnes totalling 3,151,125 kgr (from new gold production) |
686 kgr | 686 kgr (from newly minted currency) |
35,973 kgr | 3,150,439 kgr (from newly minted currency) |
| 161 AL[4] | 50 tonnes (of a potential 150 tonnes) |
35 tonnes (from new gold production) |
15 tonnes (from new gold production) |
2 tonnes | none | 706 kgr | 706 kgr (from Strategic Currency Reserve) |
33,812 kgr | none |
| 162 AL[5] | 35 tonnes (of a potential 150 tonnes) |
31 tonnes (from new gold production) |
4 tonnes (from new gold production) |
1 tonne | none | 881 kgr | 881 kgr (from Strategic Currency Reserve) |
34,876 kgr | none |
| 163 AL[6] | 95 tonnes (of a potential 150 tonnes) |
25 tonnes (from new gold production) |
5 tonnes (from new gold production) |
none | 65 tonnes totalling 2,090,032 kgr (from new gold production) |
795 kgr | 2,000,795 kgr (from Strategic Currency Reserve) [7] |
34,618 kgr | 2,090,032 kgr (from newly minted currency) |
| 164 AL[8] | 32 tonnes (of a potential 150 tonnes) |
30 tonnes (from new gold production) |
2 tonnes (from new gold production) |
4 tonnes | none | 814 kgr | 814 kgr (from Strategic Currency Reserve) |
33,047 kgr | none |
| 165 AL[9] | 30 tonnes (of a potential 150 tonnes) |
33 tonnes (30 tonnes from new gold production, 3 tonnes from Strategic Bullion Reserve) |
none | 3 tonnes | none | 869 kgr | 869 kgr (from Strategic Currency Reserve) |
36,198 kgr | none |
| 166 AL[10] | 35 tonnes (of a potential 150 tonnes) |
29 tonnes (from new gold production) |
6 tonnes (from new gold production) |
1 tonne | none | 772 kgr | 772 kgr (from Strategic Currency Reserve) |
34,111 kgr | none |
| 167 AL[11] | 28 tonnes (of a potential 150 tonnes) |
26 tonnes (from new gold production) |
2 tonnes (from new gold production) |
none | none | 594 kgr | 594 kgr (from Strategic Currency Reserve) |
33,718 kgr | none |
| 168 AL[12] | 26 tonnes (of a potential 150 tonnes) |
28 tonnes (26 tonnes from new gold production, 2 tonnes from Strategic Bullion Reserve) |
none | none | none | 411 kgr | 411 kgr (from Strategic Currency Reserve) |
33,104 kgr | none |
| 169 AL[13] | 20 tonnes (of a potential 150 tonnes) |
24 tonnes (20 tonnes from new gold production, 4 tonnes from Strategic Bullion Reserve) |
none | none | none | 386 kgr | 386 kgr (from Strategic Currency Reserve) |
991 kgr[14] | none |
| 170 AL[15] | 32 tonnes (of a potential 150 tonnes) |
29 tonnes (from new gold production) |
3 tonnes (from new gold production) |
1 tonne | none | 612 kgr | 612 kgr (from Strategic Currency Reserve) |
66,091 kgr | none |
| 171 AL[16] | 34 tonnes (of a potential 150 tonnes) |
30 tonnes (from new gold production) |
4 tonnes (from new gold production) |
2 tonnes | none | 3033 kgr[17] | 3033 kgr (from Strategic Currency Reserve) |
35,412 kgr | none |
| 172 AL[18] | 34 tonnes (of a potential 150 tonnes) |
32 tonnes (from new gold production) |
2 tonnes (from new gold production) |
2 tonnes | none | 3108 kgr | 3108 kgr (from Strategic Currency Reserve) |
35,674 kgr | none |
| 173 AL[19] | 32 tonnes (of a potential 150 tonnes) |
30 tonnes (from new gold production) |
2 tonnes (from new gold production) |
1 tonne | none | 3041 kgr | 3041 kgr (from Strategic Currency Reserve) |
35,332 kgr | none |
| 174 AL[20] | 55 tonnes (of a potential 150 tonnes) |
31 tonnes (from new gold production) |
2 tonnes (from new gold production) |
3 tonnes | 22 tonnes totalling 707,395 kgr (from new gold production) |
2928 kgr | 502,928 kgr (from newly minted currency)[21] |
35,140 kgr | 204,667 kgr (from newly minted currency) |
| 175 AL[22] | 34 tonnes (of a potential 150 tonnes) |
29 tonnes (from new gold production) |
1 tonne (from new gold production) |
none | 4 tonnes totalling 128,617 kgr (from new gold production) |
3008 kgr | 3008 kgr (from newly minted currency) |
37,944 kgr | 125,609 kgr (from newly minted currency) |
| 176 AL[23] | 40 tonnes (of a potential 150 tonnes) |
28 tonnes (from new gold production) |
7 tonnes (from new gold production) |
2 tonnes | 5 tonnes totalling 160,771 kgr (from new gold production) |
3187 kgr | 3187 kgr (from newly minted currency) |
36,018 kgr | 157,584 kgr (from newly minted currency) |
| 177 AL[24] | 35 tonnes (of a potential 150 tonnes) |
32 tonnes (from new gold production) |
3 tonnes (from new gold production) |
2 tonnes | none | 3219 kgr | 3219 kgr (from Strategic Currency Reserve) |
37,106 kgr | none |
| 178 AL[25] | 30 tonnes (of a potential 150 tonnes) |
28 tonnes (from new gold production) |
2 tonnes (from new gold production) |
1 tonnes | none | 3504 kgr | 3504 kgr (from Strategic Currency Reserve) |
35,915 kgr | none |
| 179 AL[26] | 25 tonnes (of a potential 150 tonnes) |
26 tonnes (25 tonnes from new gold production, 1 tonne from Strategic Bullion Reserve) |
none | none | none | 2987 kgr | 2987 kgr (from Strategic Currency Reserve) |
34,555 kgr | none |
| 180 AL[27] | 27 tonnes (of a potential 150 tonnes) |
27 tonnes (from new gold production) |
none | 2 tonnes | none | 3484 kgr | 3484 kgr (from Strategic Currency Reserve) |
35,903 kgr | none |
| 181 AL[28] | 29 tonnes (of a potential 150 tonnes) |
28 tonnes (from new gold production) |
1 tonne | 3 tonnes | none | 3512 kgr | 3512 kgr (from Strategic Currency Reserve) |
36,877 kgr | none |
| 182 AL[29] | 57 tonnes (of a potential 150 tonnes) |
28 tonnes (26 tonnes from new gold production, 2 tonnes from Strategic Bullion Reserve) |
none | 1 tonne | 31 tonnes totalling 996,784 kgr (from new gold production) |
3117 kgr | 3117 kgr (from newly minted currency) |
36,462 kgr | 993,667 kgr (from newly minted currency) |
| 183 AL[30] | 26 tonnes (of a potential 150 tonnes) |
26 tonnes (from new gold production) |
none | none | none | 2346 kgr | 2346 kgr (from Strategic Currency Reserve) |
34,881 kgr | none |
| 184 AL[31] | 28 tonnes (of a potential 150 tonnes) |
25 tonnes (from new gold production) |
3 tonnes | none | none | 2901 kgr | 2901 kgr (from Strategic Currency Reserve) |
35,078 kgr | none |
| 185 AL[32] | 25 tonnes (of a potential 150 tonnes) |
23 tonnes (from new gold production) |
2 tonnes | none | none | 2414 kgr | 2414 kgr (from Strategic Currency Reserve) |
34,598 kgr | none |
| 186 AL[33] | 27 tonnes (of a potential 150 tonnes) |
26 tonnes (from new gold production) |
1 tonnes | 1 tonne | none | 2983 kgr | 2983 kgr (from Strategic Currency Reserve) |
37,117 kgr | none |
| 187 AL[34] | 26 tonnes (of a potential 150 tonnes) |
23 tonnes (from new gold production) |
2 tonnes | none | none | 2424 kgr | 2424 kgr (from Strategic Currency Reserve) |
34,679 kgr | none |
| 188 AL[35] | 32 tonnes (of a potential 150 tonnes) |
25 tonnes (from new gold production) |
7 tonnes | 11 tonnes[36] | none | 2396 kgr | 2396 kgr (from Strategic Currency Reserve) |
43,566 kgr | none |
| 189 AL[37] | 35 tonnes (of a potential 150 tonnes) |
24 tonnes (from new gold production) |
11 tonnes | 9 tonnes | none | 2402 kgr | 2402 kgr (from Strategic Currency Reserve) |
41,814 kgr | none |
Largest Annual Foreign Liabilities (SCR)
- 32,000 kgr to Sokoku Industries of Jingdao - maintenance contract for Kalgachia's fleet of Jan-van-Gent aircraft (since 159 AL)
- 1,000 kgr to the treasury of the Kasterburg Republic - airspace transit fee in accordance with the Sterklucht Agreement (since 170 AL)
Largest Annual Foreign Liabilities (Domestic)
- 2,300 kgr from the Church of Kalgachia business account to the Chicken King restaurant chain of the Florian Republic - franchise fees (since 171 AL)
Gold and Currency Stocks (Cumulative 30yr)
| Year (end of) |
Total bullion in Strategic Reserve | Total Kalgachi-assayed bullion abroad[38] | Total Kalgarrand in Strategic Reserve | Total Kalgarrand in domestic circulation | Total Kalgarrand abroad[39] |
|---|---|---|---|---|---|
| 159 AL | 220 tonnes | none | 15,596,068 kgr | 16,000,000 kgr | 3,259,663 kgr |
| 160 AL | 240 tonnes | none | 18,710,534 kgr | 16,000,000 kgr | 3,296,322 kgr |
| 161 AL | 252 tonnes | 2 tonnes | 18,676,016 kgr | 16,000,000 kgr | 3,330,840 kgr |
| 162 AL | 255 tonnes | 3 tonnes | 18,640,249 kgr | 16,000,000 kgr | 3,366,597 kgr |
| 163 AL | 260 tonnes | 3 tonnes | 18,694,868 kgr | 18,000,000 kgr | 3,402,010 kgr |
| 164 AL | 258 tonnes | 7 tonnes | 18,661,007 kgr | 18,000,000 kgr | 3,435,871 kgr |
| 165 AL | 252 tonnes | 10 tonnes | 18,623,940 kgr | 18,000,000 kgr | 3,472,938 kgr |
| 166 AL | 257 tonnes | 11 tonnes | 18,589,057 kgr | 18,000,000 kgr | 3,507,821 kgr |
| 167 AL | 259 tonnes | 11 tonnes | 18,554,745 kgr | 18,000,000 kgr | 3,542,133 kgr |
| 168 AL | 257 tonnes | 11 tonnes | 18,521,230 kgr | 18,000,000 kgr | 3,575,648 kgr |
| 169 AL | 253 tonnes | 11 tonnes | 18,519,853 kgr | 18,000,000 kgr | 3,577,025 kgr |
| 170 AL | 255 tonnes | 12 tonnes | 18,453,150 kgr | 18,000,000 kgr | 3,643,728 kgr |
| 171 AL | 257 tonnes | 14 tonnes | 18,414,705 kgr | 18,000,000 kgr | 3,682,173 kgr |
| 172 AL | 257 tonnes | 16 tonnes | 18,375,923 kgr | 18,000,000 kgr | 3,720,955 kgr |
| 173 AL | 256 tonnes | 17 tonnes | 18,337,550 kgr | 18,000,000 kgr | 3,759,328 kgr |
| 174 AL | 254 tonnes | 20 tonnes | 18,507,084 kgr | 18,500,000 kgr | 3,797,389 kgr |
| 175 AL | 255 tonnes | 20 tonnes | 18,594,749 kgr | 18,500,000 kgr | 3,838,341 kgr |
| 176 AL | 260 tonnes | 22 tonnes | 18,716,315 kgr | 18,500,000 kgr | 3,877,546 kgr |
| 177 AL | 262 tonnes | 23 tonnes | 18,675,990 kgr | 18,500,000 kgr | 3,917,871 kgr |
| 178 AL | 263 tonnes | 24 tonnes | 18,636,571 kgr | 18,500,000 kgr | 3,957,290 kgr |
| 179 AL | 262 tonnes | 24 tonnes | 18,599,029 kgr | 18,500,000 kgr | 3,994,832 kgr |
| 180 AL | 260 tonnes | 26 tonnes | 18,559,642 kgr | 18,500,000 kgr | 4,034,219 kgr |
| 181 AL | 258 tonnes | 29 tonnes | 18,519,253 kgr | 18,500,000 kgr | 4,074,608 kgr |
| 182 AL | 255 tonnes | 30 tonnes | 19,476,458 kgr | 18,500,000 kgr | 4,114,187 kgr |
| 183 AL | 255 tonnes | 30 tonnes | 19,439,351 kgr | 18,500,000 kgr | 4,151,414 kgr |
| 184 AL | 258 tonnes | 30 tonnes | 19,401,372 kgr | 18,500,000 kgr | 4,189,393 kgr |
| 185 AL | 260 tonnes | 30 tonnes | 19,364,360 kgr | 18,500,000 kgr | 4,226,405 kgr |
| 186 AL | 260 tonnes | 31 tonnes | 19,324,260 kgr | 18,500,000 kgr | 4,266,505 kgr |
| 187 AL | 262 tonnes | 31 tonnes | 19,287,157 kgr | 18,500,000 kgr | 4,303,608 kgr |
| 188 AL | 258 tonnes | 42 tonnes | 19,241,195 kgr | 18,500,000 kgr | 4,349,570 kgr |
| 189 AL | 260 tonnes | 51 tonnes | 19,196,979 kgr | 18,500,000 kgr | 4,393,786 kgr |
Footnotes
- ^ November 13th to November 22nd, 2017.
- ^ This spike in expenditure caused by the cash purchase of 32 Jan-van-Gent VII Model transport aircraft from Jingdao.
- ^ November 23rd to December 2nd, 2017.
- ^ December 3rd to December 12th, 2017.
- ^ December 13th to December 22nd, 2017.
- ^ December 23rd, 2017 to January 1st, 2018.
- ^ Kalgarrand circulation increased to account for the emancipation of 2 million Froyalanish labourers from bondage and their entry into the wage/consumer economy.
- ^ January 2nd to January 11th, 2018.
- ^ January 12th to January 21st, 2018.
- ^ January 22nd to January 31st, 2018.
- ^ February 1st to February 10th, 2018.
- ^ February 11th to February 20th, 2018.
- ^ February 21st to March 2nd, 2018.
- ^ This sudden drop in expenditure caused by Kasterburg's closure of the 'Poroly Gap' (the ungoverned airspace linking Kalgachia to nations outside Benacia) disrupting the physical service of foreign debt.
- ^ March 3rd to March 12th, 2018.
- ^ March 13th to March 22nd, 2018.
- ^ This spike in cash outflow caused by franchise fees for newly-opened Chicken King restaurant chains.
- ^ March 23rd to April 1st, 2018.
- ^ April 2nd to April 11th, 2018.
- ^ April 12th to April 21st, 2018.
- ^ Kalgarrand circulation increased to account for the population of newly-enclosed Lepidopterum and their entry into the wage/consumer economy.
- ^ April 22nd to May 1st, 2018.
- ^ May 2nd to May 11th, 2018.
- ^ May 12th to May 21st, 2018.
- ^ May 22nd to May 31st, 2018.
- ^ June 1st to June 10th, 2018.
- ^ June 11th to June 20th, 2018.
- ^ June 21st to June 30th, 2018.
- ^ July 1st to July 10th, 2018.
- ^ July 11th to July 20th, 2018.
- ^ July 21st to July 30th, 2018.
- ^ July 31st to August 9th, 2018.
- ^ August 10th to August 19th, 2018.
- ^ August 20th to August 29th, 2018.
- ^ August 30th to September 8th, 2018.
- ^ This spike in bullion exports being advance payment for violently accelerated importation of recyclable raw materials (principally refined metals, rubber and hydrocarbon polymers) via the Kasterburg port and rail network, overwhelmingly destined for the DLEP's strategic sub-surface stockpiles.
- ^ September 9th to September 18th, 2018.
- ^ Not including exported Kalgachi-hallmarked gold products such as jewellery.
- ^ Owing to the inflation of Kalgachi bullion stocks over time, conversion of Kalgarrand into foreign currency is best subjected to a temporal modifier in accordance with the varying flow of time between the Anno Libertatis and other calendars (conversion of Kalgarrand to currencies of nations operating under Ab Nortone, for instance, requiring the sum total of other variables determining the rate of exchange to be divided by three for a real-terms figure. Conversion of Kalgarrand to currencies of nations operating in uncompressed Earth time would require the rate to be divided by 36.5. The Reserve Bank of Kalgachia cannot be held responsible for inflationary events, currency crashes or bankruptcies arising from the renunciation of this advice nor, conversely, the gaming of global currency markets for personal profit by the exploitation of temporal haemorrhaging.)
