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Goverment of Vallejar: Difference between revisions
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(Created page with "== State expenses == thumb|State expenses of Vallejar Vallejar is characterized by having a diversified economy with austere spending. This doesn't mean that little is invested in public services and their maintenance; rather, by law, both the national government and those of the small municipalities and cities are prohibited from running any kind of deficit and debt, except in cases of extreme importance, danger, or instability, s...") |
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This ministry is responsible for maintaining national security and sovereignty against any threat, internal or external. This is achieved by investing in the preparation, training, guidance, modernization, and construction of a competent and prepared army. The ministry also has the option to invest in the private military sector for the improvement of both the economy and overall defensive power. It also has the ability to manage military schools alongside the Ministry of Education. | This ministry is responsible for maintaining national security and sovereignty against any threat, internal or external. This is achieved by investing in the preparation, training, guidance, modernization, and construction of a competent and prepared army. The ministry also has the option to invest in the private military sector for the improvement of both the economy and overall defensive power. It also has the ability to manage military schools alongside the Ministry of Education. | ||
==== Education: ==== | ==== [[Vallejarian education system|Education:]] ==== | ||
Investment: 14.6 billion (2.41% of the total budget) | Investment: 14.6 billion (2.41% of the total budget) | ||
This ministry, along with its counterparts, manages, maintains, finances, and constructs all educational centers in Vallejar, regardless of their nature and origin. The ministry is responsible for improving and promoting the quality of educational centers, the materials used, the method of education, and the content of subjects. This is aimed at promoting love for education and learning, along with the religious values of the nation, patriotism, and the value of effort through meritocracy. | This ministry, along with its counterparts, manages, maintains, finances, and constructs all educational centers in Vallejar, regardless of their nature and origin. The ministry is responsible for improving and promoting the quality of educational centers, the materials used, the method of education, and the content of subjects. This is aimed at promoting love for education and learning, along with the religious values of the nation, patriotism, and the value of effort through meritocracy. | ||
==== Economy: ==== | ==== [[Economy of Vallejar|Economy:]] ==== | ||
Investment: 8.3 billion (1.37% of the total budget) | Investment: 8.3 billion (1.37% of the total budget) | ||
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This is the official monetary reserve of Vallejar, which backs investments and the value of the currency. It also serves as a significant influence in global geopolitics. This reserve has never been used since its creation in 1845. The reserve increases by the additional 5% added by the state budgets each year, resulting in the national reserve accumulating 4.305 trillion in gold. | This is the official monetary reserve of Vallejar, which backs investments and the value of the currency. It also serves as a significant influence in global geopolitics. This reserve has never been used since its creation in 1845. The reserve increases by the additional 5% added by the state budgets each year, resulting in the national reserve accumulating 4.305 trillion in gold. | ||
==== International Aid Fund for Developing Countries: ==== | ==== [[Vallejarian International Aid Fund for Developing Countries|International Aid Fund for Developing Countries:]] ==== | ||
This fund is composed of 15% of the annual budget as a rule, although it can vary or even disappear depending on the economic, global, and national context; it is subject to changes. The fund implies the total management of money allocated for international aid and also commissions that manage those resources to be invested effectively. | This fund is composed of 15% of the annual budget as a rule, although it can vary or even disappear depending on the economic, global, and national context; it is subject to changes. The fund implies the total management of money allocated for international aid and also commissions that manage those resources to be invested effectively. | ||
==== International Loans: ==== | ==== [[Vallejarian International Loans|International Loans:]] ==== | ||
This section is related to the Ministry of Foreign Affairs, which manages these resources. These loans are granted to states, companies, or international or foreign entities with urgent economic needs, usually with an interest rate lower than the global average. These loans are granted with the aim of helping entities in need of economic liquidity and also benefiting from it. The Ministry of Foreign Affairs sets the clauses with the approval of the general government. This section receives 10% of the state's annual budget, 60.5 billion. | This section is related to the Ministry of Foreign Affairs, which manages these resources. These loans are granted to states, companies, or international or foreign entities with urgent economic needs, usually with an interest rate lower than the global average. These loans are granted with the aim of helping entities in need of economic liquidity and also benefiting from it. The Ministry of Foreign Affairs sets the clauses with the approval of the general government. This section receives 10% of the state's annual budget, 60.5 billion. | ||
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This section receives another 10% of the total budget (60.5 billion), and this is a very special section, since this money is not linked to any law or regulation other than those of good management of public resources, and therefore These can be invested in any of the previous ministries or sections, although normally the resources are destined for various investments and research both in national territory and abroad, this money is managed personally by the king based on the principle of the well-being of the people. | This section receives another 10% of the total budget (60.5 billion), and this is a very special section, since this money is not linked to any law or regulation other than those of good management of public resources, and therefore These can be invested in any of the previous ministries or sections, although normally the resources are destined for various investments and research both in national territory and abroad, this money is managed personally by the king based on the principle of the well-being of the people. | ||
(The remaining economic resources after the period of one year will be distributed as follows: 70% to the | (The remaining economic resources after the period of one year will be distributed as follows: 70% to the Vallejarian development fund and 30% to the national reserve) | ||