Economy of Kalgachia: Difference between revisions

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{{quote|''"Stockpiles? I'll say. If ever this Garden of ours falls to some foreign horde, our conquerors will never need to lift a finger in work again."''
|sign=Unnamed [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] official|source=heard at the sidelines of the 6th All-Garden Economic Development Symposium in Katarsis City, 205 [[Kalgachia#Calendar|AL]]}}
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]].
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==
==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 [[Kalgachia#The Church of Kalgachia|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).
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 [[Kalgachia#The Church of Kalgachia|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 and communal marketplaces are maintained in most parishes for the sale of private goods, 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:
Church-owned housing is graded as follows:
Line 25: Line 28:


==Important Sectors==
==Important Sectors==
[[File:Bumchum.png|thumb|right|250px|Paper goods are among Kalgachia's more popular exports.]]


The Kalgachi economy is geared heavily toward national autarky and deals overwhelmingly in raw materials and commodities, assisted by the heavy exploitation of native energy sources. The Kalgachi standard of living, whilst broadly tolerable, is nonetheless a fraction of that suggested by the nation's industrial capacity - this is due to the reservation of a substantial portion for national defence and the stockpiling of essential supplies to sustain the Kalgachi nation in times of blockade or war, priorities which override all others in national economic planning.
The Kalgachi economy is geared heavily toward national autarky and deals overwhelmingly in raw materials and commodities, assisted by the heavy exploitation of native energy sources. The Kalgachi standard of living, whilst broadly tolerable, is nonetheless a fraction of that suggested by the nation's industrial capacity - this is due to the reservation of a substantial portion for national defence and the stockpiling of essential supplies to sustain the Kalgachi nation in times of blockade or war, priorities which override all others in national economic planning.
Line 42: Line 47:
===Unitary Enterprises===
===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.
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. Those concerned with the manufacture of consumer goods often operate their own retail outlets in large urban centres.


{| class="wikitable" border="1"
{| class="wikitable" border="1"
|-
|-
! scope="col" | Logo
! scope="col" | Name
! scope="col" | Name
! scope="col" | Owner
! scope="col" | Owner
! scope="col" | Activity
! scope="col" | Activity
|-
|-
| '''All-Garden Pyroenergetics Complex''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Manufacture of combustion powerplants - rocket motors, aviation-spec turbines and wood-gas engines
| [[File:UE-agpc.png]] || '''All-Garden Pyroenergetics Complex''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Manufacture of combustion powerplants - rocket motors, aviation-spec turbines and wood-gas engines
|-
|-
| '''Associated Crucibles''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Smelting, heavy machining and recycling of metals
| [[File:UE-associatedcrucibles.png]] || '''Associated Crucibles''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Smelting, heavy machining and recycling of metals
|-
|-
| '''AzothChem''' || [[Kalgachia#The Troglodyti|Troglodyti]] || Chemical production
| [[File:UE-azothchem.png]] || '''AzothChem''' || [[Kalgachia#The Troglodyti|Troglodyti]] || Chemical production
|-
|-
| '''Bitzarok''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Quarrying and construction aggregate production
| [[File:UE-bitzarok.png]] || '''Bitzarok''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Quarrying and construction aggregate production
|-
|-
| '''Bleep Works''' || [[Kalgachia#The Prefects|Prefects]] || Manufacture of military board circuitry, sensors, logic and guidance systems in secure conditions
| [[File:UE-bleepworks.png]] || '''Bleep Works''' || [[Kalgachia#The Prefects|Prefects]] || Manufacture of military board circuitry, sensors, logic and guidance systems in secure conditions
|-
|-
| '''Blobst''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Medium/heavy machine building
| [[File:UE-blobst.png]] || '''Blobst''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Medium/heavy machine building
|-
|-
| '''Buluhk Mining''' || [[Kalgachia#Provincial Governance|Lieutenancy of Schlepogora]] || Gold mining and smelting (profits distributed to [[Kalgachia#The Laqi|Laqi population]] of Schlepogora)
| [[File:UE-buluhkmining.png]] || '''Buluhk Mining''' || [[Kalgachia#Provincial Governance|Lieutenancy of Schlepogora]] || Gold mining and smelting (profits distributed to [[Kalgachia#The Laqi|Laqi population]] of Schlepogora)
|-
|-
| '''Deep Services''' || [[Kalgachia#The Troglodyti|Troglodyti]] || Data analytics and management consultancy
| [[File:UE-deepservices.png]] || '''Deep Services''' || [[Kalgachia#The Troglodyti|Troglodyti]] || Data analytics and management consultancy
|-
|-
| '''Dobbinibbles''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Horse feed production
| [[File:UE-dobbinibbles.png]] || '''Dobbinibbles''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Horse feed production
|-
|-
| '''El Kal''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Civil air transport
| [[File:UE-elkal.png]] || '''El Kal''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Civil air transport
|-
|-
| '''Goodvial''' || [[Kalgachia#The Directorate of Health and Public Welfare|DHPW]] || Pharmaceutical production
| [[File:UE-goodvial.png]] || '''Goodvial''' || [[Kalgachia#The Directorate of Health and Public Welfare|DHPW]] || Pharmaceutical production
|-
|-
| '''Elektromotiv''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Manufacture of heavy electrical plant
| [[File:UE-elektromotiv.png]] || '''Elektromotiv''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Manufacture of heavy electrical plant
|-
|-
| '''Hyssengurgel''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Manufacture of hydraulic and pneumatic systems
| [[File:UE-hyssengurgel.png]] || '''Hyssengurgel''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Manufacture of hydraulic and pneumatic systems
|-
|-
| '''Jollyvision''' || [[Kalgachia#The Directorate of Education and Outreach|DEO]] || Manufacture of electronic media and communication devices
| [[File:UE-jollyvision.png]] || '''Jollyvision''' || [[Kalgachia#The Directorate of Education and Outreach|DEO]] || Manufacture of electronic media and communication devices
|-
|-
| '''Kalavia''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Manufacture of government aircraft
| [[File:UE-kalavia.png]] || '''Kalavia''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Manufacture of government aircraft
|-
|-
| '''Kalgachi Railways''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Rail transport
| [[File:UE-kalgachirailways.png]] || '''Kalgachi Railways''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Rail transport
|-
|-
| '''Kaltraption''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Manufacture of construction, agricultural and logging machinery
| [[File:UE-kaltraption.png]] || '''Kaltraption''' || [[Kalgachia#The Directorate of Public Works|DPW]] || Manufacture of construction, agricultural and logging machinery
|-
|-
| '''Ketgachia''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Licensed manufacture of [[Shireroth|Shirerithian]] automobiles (80% of profits remitted to Ketek Ketshire Automotive Technologies of [[Goldshire]])
| [[File:UE-ketgachia.png]] || '''Ketgachia''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Licensed manufacture of foreign automobiles (80% of profits remitted to [[Ketshire Automotive Technologies]] of the [[Sovereign Confederation]])
|-
|-
| '''Medkhoz''' || [[Kalgachia#The Directorate of Health and Public Welfare|DHPW]] || Agriculture and food processing
| [[File:UE-medkhoz.png]] || '''Medkhoz''' || [[Kalgachia#The Directorate of Health and Public Welfare|DHPW]] || Agriculture and food processing
|-
|-
| '''Melliphone''' || [[Kalgachia#The Directorate of Education and Outreach|DEO]] || Production of audio and visual recording media
| [[File:UE-melliphone.png]] || '''Melliphone''' || [[Kalgachia#The Directorate of Education and Outreach|DEO]] || Production of audio and visual recording media
|-
|-
| '''National Timber Complex''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Forestry, timber production, chip/pulp/paper manufacture, wood gas refinement
| [[File:UE-ntc.png]] || '''National Timber Complex''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Forestry, timber production, chip/pulp/paper manufacture, wood gas refinement
|-
|-
| '''Neopreparat''' || [[Kalgachia#The Directorate of Health and Public Welfare|DHPW]] || Microbiological solutions
| [[File:UE-neopreparat.png]] || '''Neopreparat''' || [[Kalgachia#The Directorate of Health and Public Welfare|DHPW]] || Microbiological solutions
|-
|-
| '''[[Octavian Import-Export Corporation]]''' || [[Nova England|Foreign-registered]] consortium (minority DLEP stake) || Imports and Exports
| [[File:UE-oiec.png]] || '''[[Octavian Import-Export Corporation]]''' || 51 % [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] ([[Los Liberados|foreign registered]]) || Imports and Exports
|-
|-
| '''Reserve Bank of Kalgachia''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Gold bullion assay and stockpiling, currency minting
| [[File:UE-psb.png]] || '''Puckadobey Savings Bank<br>(PSB Pachadsberg)''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Discreet financial services for foreign clients, currency trading
|-
|-
| '''Silent Wonder''' || [[Kalgachia#The Directorate of Education and Outreach|DEO]] || Publishing
| [[File:UE-rbk.png]] || '''Reserve Bank of Kalgachia''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Gold bullion assay and stockpiling, currency minting
|-
|-
| '''Skivnikproof''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Manufacture of inert military equipment
| [[File:UE-silentwonder.png]] || '''Silent Wonder''' || [[Kalgachia#The Directorate of Education and Outreach|DEO]] || Publishing
|-
|-
| '''Trannytronics''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Manufacture of civilian board circuitry and logic systems
| [[File:UE-skivnikproof.png]] || '''Skivnikproof''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Manufacture of inert military equipment
|-
|-
| '''United Gunnery''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Manufacture of barreled weapons
| [[File:UE-snugtogs.png]] || '''Snugtogs''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Manufacture of textiles and textile products
|-
|-
| '''Whizzbang''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Manufacture of cartridge and rocket munitions
| [[File:UE-trannytronics.png]] || '''Trannytronics''' || [[Kalgachia#The Directorate of Labour and Economic Planning|DLEP]] || Manufacture of civilian board circuitry and logic systems
|-
| [[File:UE-unitedgunnery.png]] || '''United Gunnery''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Manufacture of barreled weapons
|-
| [[File:UE-whizzbang.png]] || '''Whizzbang''' || [[Military of Kalgachia#The Kalgachi Defence Force|KDF]] || Manufacture of cartridge and rocket munitions
|}
|}


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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.
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)===
===Gold and Currency Production / Foreign Expenditure Data (10yr)===


{| class="wikitable" border="1"
{| class="wikitable" border="1"
|-
|-
! scope="col" | Year
! scope="col" | Period
! scope="col" | Gold mined and smelted
! scope="col" | Gold mined and smelted
! scope="col" | Gold allotted to industrial/aesthetic uses
! scope="col" | Gold allotted to industrial/aesthetic uses
Line 131: Line 141:
! scope="col" | Kalgarrand committed to Strategic Currency Reserve
! scope="col" | Kalgarrand committed to Strategic Currency Reserve
|-
|-
| 174 AL<ref><small>April 12th to April 21st, 2018.</small></ref> || 55 tonnes<br>(of a potential 150 tonnes) || 31 tonnes<br>(from new gold production) || 2 tonnes<br>(from new gold production) || 3 tonnes || 22 tonnes totalling 707,395 kgr<br>(from new gold production) || 2928 kgr || 502,928 kgr<br> (from newly minted currency)<ref><small>Kalgarrand circulation increased to account for the population of newly-enclosed Lepidopterum and their entry into the wage/consumer economy.</small></ref> || 35,140 kgr || 204,667 kgr<br>(from newly minted currency)
| 210-219 AL<ref><small>April 7th to July 15th, 2019.</small></ref> || 225 tonnes<br>(of a potential 1500 tonnes) || 307 tonnes<br>(from new gold production) || 166 tonnes || 41 tonnes || 32 tonnes totalling 1,028,938 kgr<br>(from new gold production) || 54,302 kgr || 102,893 kgr<br> (from newly minted currency) || 524,372 kgr || 370,000 kgr from domestic circulation;<br>926,045 kgr from newly minted currency
|-
| 175 AL<ref><small>April 22nd to May 1st, 2018.</small></ref> || 34 tonnes<br>(of a potential 150 tonnes) || 29 tonnes<br>(from new gold production) || 1 tonne<br>(from new gold production) || none || 4 tonnes totalling 128,617 kgr<br>(from new gold production) || 3008 kgr || 3008 kgr<br> (from newly minted currency) || 37,944 kgr || 125,609 kgr<br>(from newly minted currency)
|-
| 176 AL<ref><small>May 2nd to May 11th, 2018.</small></ref> || 40 tonnes<br>(of a potential 150 tonnes) || 28 tonnes<br>(from new gold production) || 7 tonnes<br>(from new gold production) || 2 tonnes || 5 tonnes totalling 160,771 kgr<br>(from new gold production) || 3187 kgr || 3187 kgr<br> (from newly minted currency) || 36,018 kgr || 157,584 kgr<br>(from newly minted currency)
|-
| 177 AL<ref><small>May 12th to May 21st, 2018.</small></ref> || 35 tonnes<br>(of a potential 150 tonnes) || 32 tonnes<br>(from new gold production) || 3 tonnes<br>(from new gold production) || 2 tonnes || none || 3219 kgr || 3219 kgr<br> (from Strategic Currency Reserve) || 37,106 kgr || none
|-
| 178 AL<ref><small>May 22nd to May 31st, 2018.</small></ref> || 30 tonnes<br>(of a potential 150 tonnes) || 28 tonnes<br>(from new gold production) || 2 tonnes<br>(from new gold production) || 1 tonnes || none || 3504 kgr || 3504 kgr<br> (from Strategic Currency Reserve) || 35,915 kgr || none
|-
| 179 AL<ref><small>June 1st to June 10th, 2018.</small></ref> || 25 tonnes<br>(of a potential 150 tonnes) || 26 tonnes<br>(25 tonnes from new gold production, 1 tonne from Strategic Bullion Reserve) || none || none || none || 2987 kgr || 2987 kgr<br> (from Strategic Currency Reserve) || 34,555 kgr || none
|-
| 180 AL<ref><small>June 11th to June 20th, 2018.</small></ref> || 27 tonnes<br>(of a potential 150 tonnes) || 27 tonnes<br>(from new gold production) || none || 2 tonnes || none || 3484 kgr || 3484 kgr<br> (from Strategic Currency Reserve) || 35,903 kgr || none
|-
| 181 AL<ref><small>June 21st to June 30th, 2018.</small></ref> || 29 tonnes<br>(of a potential 150 tonnes) || 28 tonnes<br>(from new gold production) || 1 tonne || 3 tonnes || none || 3512 kgr || 3512 kgr<br> (from Strategic Currency Reserve) || 36,877 kgr || none
|-
| 182 AL<ref><small>July 1st to July 10th, 2018.</small></ref> || 57 tonnes<br>(of a potential 150 tonnes) || 28 tonnes<br> (26 tonnes from new gold production, 2 tonnes from Strategic Bullion Reserve) || none || 1 tonne || 31 tonnes totalling 996,784 kgr<br> (from new gold production) || 3117 kgr || 3117 kgr<br> (from newly minted currency) || 36,462 kgr || 993,667 kgr<br> (from newly minted currency)
|-
| 183 AL<ref><small>July 11th to July 20th, 2018.</small></ref> || 26 tonnes<br>(of a potential 150 tonnes) || 26 tonnes<br>(from new gold production) || none || none || none || 2346 kgr || 2346 kgr<br> (from Strategic Currency Reserve) || 34,881 kgr || none
|-
| 184 AL<ref><small>July 21st to July 30th, 2018.</small></ref> || 28 tonnes<br>(of a potential 150 tonnes) || 25 tonnes<br>(from new gold production) || 3 tonnes || none || none || 2901 kgr || 2901 kgr<br> (from Strategic Currency Reserve) || 35,078 kgr || none
|-
| 185 AL<ref><small>July 31st to August 9th, 2018.</small></ref> || 25 tonnes<br>(of a potential 150 tonnes) || 23 tonnes<br>(from new gold production) || 2 tonnes || none || none || 2414 kgr || 2414 kgr<br> (from Strategic Currency Reserve) || 34,598 kgr || none
|-
| 186 AL<ref><small>August 10th to August 19th, 2018.</small></ref> || 27 tonnes<br>(of a potential 150 tonnes) || 26 tonnes<br>(from new gold production) || 1 tonnes || 1 tonne || none || 2983 kgr || 2983 kgr<br> (from Strategic Currency Reserve) || 37,117 kgr || none
|-
| 187 AL<ref><small>August 20th to August 29th, 2018.</small></ref> || 26 tonnes<br>(of a potential 150 tonnes) || 23 tonnes<br>(from new gold production) || 2 tonnes || none || none || 2424 kgr || 2424 kgr<br> (from Strategic Currency Reserve) || 34,679 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
|-
| 190 AL<ref><small>September 19th to September 28th, 2018.</small></ref> || 90 tonnes<br>(of a potential 150 tonnes) || 27 tonnes<br>(from new gold production) || none || 10 tonnes || 63 tonnes totalling 2,025,723 kgr<br> (from new gold production) || 2455 kgr || 1,350,482 kgr<br> (from newly minted currency) || 38,927 kgr || 675,241 kgr<br> (from newly minted currency)
|-
| 191 AL<ref><small>September 29th to October 8th, 2018.</small></ref> || 90 tonnes<br>(of a potential 150 tonnes) || 28 tonnes<br>(from new gold production) || none || 6 tonnes || 62 tonnes totalling 1,993,569 kgr<br> (from new gold production) || 2732 kgr || 1,329,046 kgr<br> (from newly minted currency) || 39,088 kgr || 664,523 kgr<br> (from newly minted currency)
|-
| 192 AL<ref><small>October 9th to October 18th, 2018.</small></ref> || 105 tonnes<br>(of a potential 150 tonnes) || 30 tonnes<br>(from new gold production) || 5 tonnes || 4 tonnes || 70 tonnes totalling 2,250,803 kgr<br> (from new gold production) || 3211 kgr || 1,500,536 kgr<br> (from newly minted currency) || 40,412 kgr || 750,267 kgr<br> (from newly minted currency)
|-
| 193 AL<ref><small>October 19th to October 28th, 2018.</small></ref> || 128 tonnes<br>(of a potential 150 tonnes) || 29 tonnes<br>(from new gold production) || 10 tonnes || 8 tonnes || 89 tonnes totalling 2,861,736 kgr<br> (from new gold production) || 3387 kgr || 578,925 kgr<br> (from newly minted currency) || 542,648 kgr<ref><small>Increased due to payment of the Iron Company in [[Kasterburg]] for an expansion of [[Gravelbottom Airport]].</small></ref> || 1,736,776 kgr<br> (from newly minted currency)
|-
| 194 AL<ref><small>October 29th to November 7th, 2018.</small></ref> || 132 tonnes<br>(of a potential 150 tonnes) || 26 tonnes<br>(from new gold production) || 12 tonnes || 7 tonnes || 94 tonnes totalling 3,022,508 kgr<br> (from new gold production) || 3222 kgr || 755,627 kgr<br> (from newly minted currency) || 42,616 kgr || 2,224,265 kgr<br> (from newly minted currency)
|-
| 195 AL<ref><small>November 8th to November 17th, 2018.</small></ref> || 130 tonnes<br>(of a potential 150 tonnes) || 25 tonnes<br>(from new gold production) || 10 tonnes || 5 tonnes || 95 tonnes totalling 3,054,662 kgr<br> (from new gold production) || 3113 kgr || 763,666 kgr<br> (from newly minted currency) || 40,981 kgr || 2,290,996 kgr<br> (from newly minted currency)
|-
| 196 AL<ref><small>November 18th to November 27th, 2018.</small></ref> || 146 tonnes<br>(of a potential 150 tonnes) || 27 tonnes<br>(from new gold production) || 20 tonnes || 17 tonnes || 99 tonnes totalling 3,183,279 kgr<br> (from new gold production) || 2814 kgr || 1,061,093 kgr<br> (from newly minted currency) || 67,027 kgr || 2,122,186 kgr<br> (from newly minted currency)
|-
| 197 AL<ref><small>November 28th to December 7th, 2018.</small></ref> || 148 tonnes<br>(of a potential 150 tonnes) || 30 tonnes<br>(from new gold production) || 26 tonnes || 21 tonnes || 92 tonnes totalling 2,958,199 kgr<br> (from new gold production) || 2494 kgr || 986,066 kgr<br> (from newly minted currency) || 70,012 kgr || 1,972,133 kgr<br> (from newly minted currency)
|-
| 198 AL<ref><small>December 8th to December 17th, 2018.</small></ref> || 149 tonnes<br>(of a potential 150 tonnes) || 26 tonnes<br>(from new gold production) || 24 tonnes || 19 tonnes || 99 tonnes totalling 3,183,279 kgr<br> (from new gold production) || 2436 kgr || 2,122,186 kgr<br> (from newly minted currency) || 69,710 kgr || 1,061,093 kgr<br> (from newly minted currency)
|-
| 199 AL<ref><small>December 18th to December 27th, 2018.</small></ref> || 148 tonnes<br>(of a potential 150 tonnes) || 24 tonnes<br>(from new gold production) || 18 tonnes || 12 tonnes || 106 tonnes totalling 3,408,360 kgr<br> (from new gold production) || 2472 kgr || 2,272,240 kgr<br> (from newly minted currency) || 56,490 kgr || 1,136,120 kgr<br> (from newly minted currency)
|-
| 200 AL<ref><small>December 28th, 2018 to January 6th, 2019.</small></ref> || 125 tonnes<br>(of a potential 150 tonnes) || 25 tonnes<br>(from new gold production) || 15 tonnes || 9 tonnes || 89 tonnes totalling 2,733,118 kgr<br> (from new gold production) || 2508 kgr || 1,822,079 kgr<br> (from newly minted currency) || 43,501 kgr || 911,039 kgr<br> (from newly minted currency)
|-
| 201 AL<ref><small>January 6th to January 16th, 2019.</small></ref> || 110 tonnes<br>(of a potential 150 tonnes) || 23 tonnes<br>(from new gold production) || 10 tonnes || 6 tonnes || 81 tonnes totalling 2,604,501 kgr<br> (from new gold production) || 2419 kgr || 1,736,334 kgr<br> (from newly minted currency) || 41,909 kgr || 868,167 kgr<br> (from newly minted currency)
|-
| 202 AL<ref><small>January 17th to January 26th, 2019.</small></ref> || 107 tonnes<br>(of a potential 150 tonnes) || 25 tonnes<br>(from new gold production) || 12 tonnes || 3 tonnes || 70 tonnes totalling 2,250,803 kgr<br> (from new gold production) || 2388 kgr || 1,125,401 kgr<br> (from newly minted currency) || 34,042 kgr || 1,125,402 kgr<br> (from newly minted currency)
|-
| 203 AL<ref><small>January 27th to February 5th, 2019.</small></ref> || 96 tonnes<br>(of a potential 150 tonnes) || 25 tonnes<br>(from new gold production) || none || none || 71 tonnes totalling 2,282,958 kgr<br> (from new gold production) || 2327 kgr || 570,739 kgr<br> (from newly minted currency) || 35,556 kgr || 1,712,219 kgr<br> (from newly minted currency)
|-
| 204 AL<ref><small>January 27th to February 5th, 2019.</small></ref> || 30 tonnes<br>(of a potential 150 tonnes) || 21 tonnes<br>(from new gold production) || 9 tonnes || none || none || 2331 kgr || 2331 kgr<br> (from Strategic Currency Reserve) || 34,100 kgr || none
|}
|}


===Gold and Currency Stocks (Cumulative 30yr)===
===Gold and Currency Stocks===


{| class="wikitable" border="1"
{| class="wikitable" border="1"
|-
|-
! scope="col" | Year<br>(end of)
! scope="col" | Year<br>(commencement)
! scope="col" | Total bullion in Strategic Reserve
! scope="col" | Total bullion in Strategic Reserve
! scope="col" | Total Kalgachi-assayed bullion abroad<ref><small>Not including exported Kalgachi-hallmarked gold products such as jewellery.</small></ref>
! scope="col" | Total Kalgachi-assayed bullion abroad<ref><small>Not including exported Kalgachi-hallmarked gold products such as jewellery.</small></ref>
Line 205: Line 155:
! 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>
|-
|-
| 174 AL || 254 tonnes || 20 tonnes || 18,507,084 kgr || 18,500,000 kgr || 3,797,389 kgr
| 220 AL || 397 tonnes || 247 tonnes || 37,799,837 kgr || 37,101,188 kgr || 6,366,662 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
|-
| 190 AL || 250 tonnes || 61 tonnes || 19,833,293 kgr || 19,848,027 kgr || 4,435,168 kgr
|-
| 191 AL || 244 tonnes || 67 tonnes || 20,458,728 kgr || 21,174,341 kgr || 4,476,988 kgr
|-
| 192 AL || 245 tonnes || 71 tonnes || 21,168,583 kgr || 22,671,666 kgr || 4,520,611 kgr
|-
| 193 AL || 247 tonnes || 79 tonnes || 22,362,711 kgr || 23,247,204 kgr || 5,066,646 kgr
|-
| 194 AL || 252 tonnes || 86 tonnes || 24,544,360 kgr || 23,999,609 kgr || 5,112,484 kgr
|-
| 195 AL || 257 tonnes || 91 tonnes || 26,794,375 kgr || 24,760,162 kgr || 5,156,578 kgr
|-
| 196 AL || 260 tonnes || 108 tonnes || 28,849,534 kgr || 25,818,441 kgr || 5,226,419 kgr
|-
| 197 AL || 265 tonnes || 129 tonnes || 30,751,655 kgr || 26,802,013 kgr || 5,298,925 kgr
|-
| 198 AL || 270 tonnes || 148 tonnes || 31,743,038 kgr || 28,921,763 kgr || 5,371,071 kgr
|-
| 199 AL || 276 tonnes || 160 tonnes || 32,822,668 kgr || 31,191,531 kgr || 5,430,033 kgr
|-
| 200 AL || 282 tonnes || 169 tonnes || 33,690,206 kgr || 33,011,102 kgr || 5,476,042 kgr
|-
| 201 AL || 286 tonnes || 175 tonnes || 34,516,464 kgr || 34,745,017 kgr || 5,520,370 kgr
|-
| 202 AL || 295 tonnes || 178 tonnes || 35,608,824 kgr || 36,868,030 kgr || 5,556,800 kgr
|-
| 203 AL || 295 tonnes || 178 tonnes || 37,285,487 kgr || 37,436,442 kgr || 5,594,683 kgr
|-
| 204 AL || 304 tonnes || 178 tonnes || 37,249,056 kgr || 37,436,442 kgr || 5,631,114 kgr
|}
|}


===Foreign Payments===
==Foreign Payments==
 
===Notable Standing Payments===
 
*4,600 kgr per year from the [[Kalgachia#The Church of Kalgachia|Church of Kalgachia]] to [[Chicken King]] of the [[Florian Republic]] (since 209 AL) - restaurant franchise fees
*22,508 kgr per year from the Kalgachi government to [[Benacia Command]] as contributions towards the joint-administration of the Inner Benacian protectorates of [[Lepidopterum]], [[Northbloom]], and the [[Upland Confederation]] under the [[Treaty of Gloomburg]].
 
===Notable Historic Payments===


Prior to 205 AL (when Kalgachia was enclaved by a hostile [[Shireroth|Shirerithian]] customs zone), a total of '''5,631,114 Kalgarrand''' was paid to foreign entities, mainly:
*1,472,000 kgr from the Kalgachi government to [[Sokoku Industries]] of [[Jingdao]] (between 159-204 AL) - aircraft purchase and maintenance payments


*'''1,472,000 kgr''' to [[Sokoku Industries]] of [[Jingdao]] between 159-204 AL (aircraft purchase and maintenance fees)
*500,000 kgr from the Kalgachi government to the [[Iron Company]] of [[Kasterburg]] (193 AL) - payment for an expansion of [[Gravelbottom Airport]]


*'''500,000 kgr''' to the [[Iron Company]] of [[Kasterburg]] in 193 AL (payment for an expansion of [[Gravelbottom Airport]])
*87,400 kgr from the [[Kalgachia#The Church of Kalgachia|Church of Kalgachia]] to [[Chicken King]] of the [[Florian Republic]] (between 171-208 AL) - restaurant franchise fees


*'''78,200 kgr''' to [[Chicken King]] of the [[Florian Republic]] between 171-204 AL (restaurant franchise fees)
*35,000 kgr from the Kalgachi government to the government of Kasterburg (between 170-204 AL) - airspace transit fees


*'''35,000 kgr''' to the government of Kasterburg between 170-204 AL (airspace transit fees)
Before 205 AL the majority of Kalgachia's remaining cash outflow (and a corresponding proportion of gold bullion) was paid to various enterprises of the [[Port of Vines]] via the [[Octavian Import-Export Corporation]] and the [[Nova English Trading Company]]. After 205 AL the emphasis switched to enterprises of the [[Batavian Confederation]], much of it through the [[Iron Company]]. An substantial amount is also circulated through [[Kalgachia#Provincial Governance|Kalgachia's protectorates]].


Of the remaining '''3,545,914 Kalgarrand''' - along with '''178 tonnes''' of exported gold bullion valued at '''5,723,472 Kalgarrand''' - the vast majority was paid to businesses of the [[Port of Vines]], via the [[Octavian Import-Export Corporation]] and the [[Nova English Trading Company]], for miscellaneous imports.
*Although the precise data is unavailable, tribute payments to [[Benacia Command]] after the [[Treaty of Gloomburg]] were sufficient enough for the [[UGB]] to base its [[Benacian sovereign|currency]] off the reserves thereby amassed.


==Footnotes==
==Footnotes==


[[Category:Kalgachia]] [[Category:Economy]]
[[Category:Kalgachia]] [[Category:Economy]][[category:Economy of the Benacian Union]]

Latest revision as of 14:01, 1 April 2023

"Stockpiles? I'll say. If ever this Garden of ours falls to some foreign horde, our conquerors will never need to lift a finger in work again."
—Unnamed DLEP official, heard at the sidelines of the 6th All-Garden Economic Development Symposium in Katarsis City, 205 AL

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 and communal marketplaces are maintained in most parishes for the sale of private goods, 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 theoretically ensures that the nutrition of the population never becomes existentially dependent on foreign trade and eliminates a vulnerability which might be leveraged against Kalgachia by foreign powers. In practice however, the small-time smuggling of luxury or exotic foods unobtainable by domestic means - such as saltwater fish - is persistent and in places officially tolerated.

Important Sectors

Paper goods are among Kalgachia's more popular exports.

The Kalgachi economy is geared heavily toward national autarky and deals overwhelmingly in raw materials and commodities, assisted by the heavy exploitation of native energy sources. The Kalgachi standard of living, whilst broadly tolerable, is nonetheless a fraction of that suggested by the nation's industrial capacity - this is due to the reservation of a substantial portion for national defence and the stockpiling of essential supplies to sustain the Kalgachi nation in times of blockade or war, priorities which override all others in national economic planning.

The largest five sectors of the Kalgachia economy (measured by labour input) are:

  • 1. Agriculture (41% arable, 36% subsistence, 23% livestock)
  • 2. Forestry (68% for energy, 19% for construction, 13% for manufacturing)
  • 3. Energy (38% geothermal electricity, 24% charcoal production, 15% charcoal gasification, 12% chargas-hydrocarbon liquefaction, 8% hydroelectricity, 3% charcoal electricity)
  • 4. Manufacturing (28% armaments, 24% processed food, 14% infrastructural supplies, 11% textiles, 10% machinery and conveyances, 9% consumer goods, 4% miscellaneous)
  • 5. Mining (36% aggregates, 27% stone, 19% gold, 11% tungsten, 7% trace minerals)

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. Those concerned with the manufacture of consumer goods often operate their own retail outlets in large urban centres.

Logo Name Owner Activity
UE-agpc.png All-Garden Pyroenergetics Complex DLEP Manufacture of combustion powerplants - rocket motors, aviation-spec turbines and wood-gas engines
UE-associatedcrucibles.png Associated Crucibles DLEP Smelting, heavy machining and recycling of metals
UE-azothchem.png AzothChem Troglodyti Chemical production
UE-bitzarok.png Bitzarok DPW Quarrying and construction aggregate production
UE-bleepworks.png Bleep Works Prefects Manufacture of military board circuitry, sensors, logic and guidance systems in secure conditions
UE-blobst.png Blobst DLEP Medium/heavy machine building
UE-buluhkmining.png Buluhk Mining Lieutenancy of Schlepogora Gold mining and smelting (profits distributed to Laqi population of Schlepogora)
UE-deepservices.png Deep Services Troglodyti Data analytics and management consultancy
UE-dobbinibbles.png Dobbinibbles KDF Horse feed production
UE-elkal.png El Kal DPW Civil air transport
UE-goodvial.png Goodvial DHPW Pharmaceutical production
UE-elektromotiv.png Elektromotiv DPW Manufacture of heavy electrical plant
UE-hyssengurgel.png Hyssengurgel DLEP Manufacture of hydraulic and pneumatic systems
UE-jollyvision.png Jollyvision DEO Manufacture of electronic media and communication devices
UE-kalavia.png Kalavia KDF Manufacture of government aircraft
UE-kalgachirailways.png Kalgachi Railways DPW Rail transport
UE-kaltraption.png Kaltraption DPW Manufacture of construction, agricultural and logging machinery
UE-ketgachia.png Ketgachia DLEP Licensed manufacture of foreign automobiles (80% of profits remitted to Ketshire Automotive Technologies of the Sovereign Confederation)
UE-medkhoz.png Medkhoz DHPW Agriculture and food processing
UE-melliphone.png Melliphone DEO Production of audio and visual recording media
UE-ntc.png National Timber Complex DLEP Forestry, timber production, chip/pulp/paper manufacture, wood gas refinement
UE-neopreparat.png Neopreparat DHPW Microbiological solutions
UE-oiec.png Octavian Import-Export Corporation 51 % DLEP (foreign registered) Imports and Exports
UE-psb.png Puckadobey Savings Bank
(PSB Pachadsberg)		 DLEP Discreet financial services for foreign clients, currency trading
UE-rbk.png Reserve Bank of Kalgachia DLEP Gold bullion assay and stockpiling, currency minting
UE-silentwonder.png Silent Wonder DEO Publishing
UE-skivnikproof.png Skivnikproof KDF Manufacture of inert military equipment
UE-snugtogs.png Snugtogs DLEP Manufacture of textiles and textile products
UE-trannytronics.png Trannytronics DLEP Manufacture of civilian board circuitry and logic systems
UE-unitedgunnery.png United Gunnery KDF Manufacture of barreled weapons
UE-whizzbang.png Whizzbang KDF Manufacture of cartridge and rocket munitions

Currency

The Kalgarrand and its denominations.

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 (10yr)

Period Gold mined and smelted Gold allotted to industrial/aesthetic uses Gold committed to Strategic Bullion Reserve Gold exported abroad from Strategic Bullion Reserve[1] Gold minted into Kalgarrand Kalgarrand spent abroad from domestic circulation[2] Kalgarrand released into domestic circulation Kalgarrand spent abroad from Strategic Currency Reserve[3] Kalgarrand committed to Strategic Currency Reserve
210-219 AL[4] 225 tonnes
(of a potential 1500 tonnes)		 307 tonnes
(from new gold production)		 166 tonnes 41 tonnes 32 tonnes totalling 1,028,938 kgr
(from new gold production)		 54,302 kgr 102,893 kgr
(from newly minted currency)		 524,372 kgr 370,000 kgr from domestic circulation;
926,045 kgr from newly minted currency

Gold and Currency Stocks

Year
(commencement) 		Total bullion in Strategic Reserve Total Kalgachi-assayed bullion abroad[5] Total Kalgarrand in Strategic Reserve Total Kalgarrand in domestic circulation Total Kalgarrand abroad[6]
220 AL 397 tonnes 247 tonnes 37,799,837 kgr 37,101,188 kgr 6,366,662 kgr

Foreign Payments

Notable Standing Payments

Notable Historic Payments

  • 1,472,000 kgr from the Kalgachi government to Sokoku Industries of Jingdao (between 159-204 AL) - aircraft purchase and maintenance payments
  • 35,000 kgr from the Kalgachi government to the government of Kasterburg (between 170-204 AL) - airspace transit fees

Before 205 AL the majority of Kalgachia's remaining cash outflow (and a corresponding proportion of gold bullion) was paid to various enterprises of the Port of Vines via the Octavian Import-Export Corporation and the Nova English Trading Company. After 205 AL the emphasis switched to enterprises of the Batavian Confederation, much of it through the Iron Company. An substantial amount is also circulated through Kalgachia's protectorates.

Footnotes

  1. ^ Minus Kalgachi bullion recovered from abroad.
  2. ^ Minus Kalgarrand recovered from abroad.
  3. ^ Minus Kalgarrand recovered from abroad.
  4. ^ April 7th to July 15th, 2019.
  5. ^ Not including exported Kalgachi-hallmarked gold products such as jewellery.
  6. ^ 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.)
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