Nation Bulletin

Economy

The Economic State of Kaanryhiya along with it's market and currency

By Ramus Hylkuzaught
01/27/2024 11:18 am
Updated: 02/02/2024 02:28 pm

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Economy 

State of Market 

The Government Currently using a planned market in order steer the nation to the needs of the Realm. Private business is allowed, but are under restrictions to some parts of the commercial sector. Like Marts, Restaurants,Stores, Malls, Entertainment,etc. All private businesses are prohibited to diversify in services unless permitted by the government.

The Government uses the gold coin called Kainulus as currency and requires 60% gold purity and has unique features that is hard to forge any coin under the requirement is a forgery or from a money laundering scheme. Inquire at a bank if you are not sure that Kainulus is not authentic as the government will not accept these forgeries and anyone caught circulating these said forgeries will automatically be suspected of money laundering.

Kainulus has three types the crows,eagles, and wolves. Crows are the lowest denomination and has 60% purity, Eales  are the middle denomination and contains 75% purity, Wolves  are the highest denomination and contains 90% purity.

Major Industries 

Major Industries Include, Aluminium Production,Mining, Technologies/Reverse Engineering, Construction, Transport, Fishing, Manufacturing, and the Private Sector.

Statistics 

Average Yearly Income 230.13 Wolves 
Gross Domestic Product (GDP)3,707,605,103
GDP per Capita 1,645.50
Gross National Income (GNI)2,007,371,155.00