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Newlomki

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Newlomki is a nation led by President Raymond4268 on the continent of North America. Newlomki's government is a Socialist Republic with very libertarian social policies. Economically, Newlomki favors extremely left wing policies. The official currency of Newlomki is the Euro. At 865 days old, Newlomki is an ancient nation. Newlomki has a population of 9,579,739 and a land area of 90,000.00 sq. miles. This gives it a national average population density of 106.44. Pollution in the nation is almost non-existent. The citizens' faith in the government is completely depleted with an approval rating of 0%.

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National Factbook
Flag: National Flag
Nation Name: Newlomki
Leader Name: Raymond4268
Currency: Currency Image
Euro
National Animal: National Animal Image
Geep
History: Founded for an egalitarian society
Geography
Continent: North America
Land Area: 144,840.60 sq. km
Terrain: Mountainous with flat valleys and luscious rivers, with numerous forests and wildlife
Highest Peak: Mount Daley, 4,263 meters
Lowest Valley: Kovsturgan Valley, 26 meters
Climate: A temperate climate with low temperatures of -8C and high of 29C
People & Society
Population: 9,579,739 people
Demonym: Newlomkan
Demonym Plural: Newlomkans
Ethnic Groups: Orbisian - 100.0%
Languages: English - 86.6%
Religions: None - 94.7%
Health
Life Expectancy: 94 years
Obesity: 6.8%
Alcohol Users: 52.7%
Tobacco Users: 4.8%
Cannabis Users: 25.2%
Hard Drug Users: 3.4%
Economy
Description: This nation has a socialist economy with capitalist accents, such as the use of currency to assist transactions. The state is for the people and therefore all private entities are mandated to have unions for workers, and are subject to strict regulations for labour laws.

All essential services (food, water, electricity, shelter) are provided by the state with private entities offering alternatives, if they so desire. Any profits made by state owned services are nominally added to a sovereign fund, which works to future proof the nation from any and all threats and disasters. The sovereign fund invests in the nation and other foreign sustainable enterprises, and reinvests the returns to generate more revenue.
If a situation were to arise, the government is mandated to use at most 10% of the sovereign fund a year in order to secure the economy. The government can also choose to use at most 5% of the sovereign fund a year in order to pay out a dividend to citizens.

Citizens whose wealth exceeds 10 times the national average are subjected to a 100% tax, with the money being returned to citizens below the average in the form of a universal basic income. This creates an egalitarian economy where wealth inequality is minimal.
Average Yearly Income: $145.54
Gross Domestic Product (GDP): $12,025,834,605.00
GDP per Capita: $1,255.34
Gross National Income (GNI): $9,413,340,510.00
Industries: Industries are focused on balancing the best quality of life and sustainability. Goods produced domestically contribute to a multinational economic union, which uses the group's resources in order to supplement each other. This creates a multinational industrial superpower.
Military
History: The armed forces were formed immediately after the peaceful founding of the nation. They are needed to protect and defend the nation from foreign threats. The military is somewhat advanced for the nation's size, and has never suffered from a reckless defeat.
Soldiers: 0
Tanks: 0
Aircraft: 0
Ships: 0
Missiles: 0
Nuclear Weapons: 0
Last Updated: 05/02/2023 07:57 am