Economic indicators for the 2015-II trimester have been released on the Economic Indicators page. GDP rose by 7.43% up to ∇1,185 and velocity of money went up ever so slightly. In the brightest news, average membership shot up by over five members to its highest average ever (of 36.65 members). Government spending as a percent of GDP increased significantly and, as a result of the increase in members, GDP per capita fell slightly, but healthy growth occurred in membership and in production.
Economic Indicators for 2015-I
Courtesy of the Office of the Major Executive, economic indicators for 2015-I are being released on the Economic Indicators page. GDP rose by 37.7% in 2015-I (up to ∇1,103), ending the recession of 2014-III, velocity is up, and money supply is up. Membership data will be released as that information is finalized this weekend.
Naturalization Contingency Act Passed
The Naturalization Contingency Act became law on March 9th, allowing the Department of Naturalization to issue debts in order to cover expenses in a situation where the central government cannot afford to allocate funds to them. It also guarantees the Department's ability to stay active and operational during a government shutdown provided it can continue to fund itself. A debt limit of ∇500 is authorized to the Department.
Quote of the Week
"With the new day comes new strengths and new thoughts"
Message of the Week: The Triumvirate is beginning to re-emerge and is under way to re-open in a months time. I will be serving as your Major Executive again, and this time we will not falter in the face of odds that are stacked against us. It is now in which we all must do our part to revive this union we so love, and we all must remember that we are on the same side.
Let us begin.
Lanclot Rice, 9th Major ExecutiveTalk 19:38, December 4, 2016 (UTC)
Executive Branch Status: In Session
Administrative Branch Status: In Session
The Universal Triumvirate is a political Union designed for the study, progression, and utility of government. The Triumvirate, originally formed by the idealist and philosopher Zerouh on September 15th, 2009, has since served as a political system building communities and relationships with others like it and striving under the basis of the three founding ideals: Justice, Order, and Intelligence.
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