Scapa: Difference between revisions
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m (→Economy) Tag: 2017 source edit |
m (→Economy) Tag: 2017 source edit |
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[[File:Faroese sheep Sumba 1.jpg|thumb]] | [[File:Faroese sheep Sumba 1.jpg|thumb]] | ||
Not much, really. Pretty much just sheep raising, handicrafts, subsistence farming, fishing, some tourism. The economy is heavily dependent on remittances from Scapallines working in Kiravia and Fhainnaeran. | Not much, really. Pretty much just sheep raising, handicrafts, subsistence farming, fishing, some tourism. The economy is heavily dependent on remittances from Scapallines working in Kiravia and Fhainnaeran. | ||
Scapa Naval Base, a [[Kiravian Navy]] installation, is the largest employer on the island. | |||
In terms of public finance, most government revenue comes from Kiravian federal aid, administrative and registration fees, and proceeds from the sale of stamps, .sp domain names, and the like. A {{wp|sovereign wealth fund}}, the Scapa Community Future Trust, was established in 21189 to contribute to the island's long-term fiscal stability. | In terms of public finance, most government revenue comes from Kiravian federal aid, administrative and registration fees, and proceeds from the sale of stamps, .sp domain names, and the like. A {{wp|sovereign wealth fund}}, the Scapa Community Future Trust, was established in 21189 to contribute to the island's long-term fiscal stability. | ||