Imperial Treasury
The Imperial Treasury of Karnia-Ruthenia, sometimes referred to as the Exchequer, or more informally the Treasury, is the Karno-Ruthenian government department responsible for developing and executing the government's public finance policy and economic policy, but also charged with the receipt and custody of government funds.[1]
| Imperial Treasury | |
|---|---|
| |
| Coat of Arms of the Department | |
| Department overview | |
| Formed | 17 January 2018 |
| Preceding Department | none |
| Jurisdiction | Karnia-Ruthenia |
| Headquarters | Persenburg |
| Employees | 1 |
| Annual budget | € 57.OO |
| Minister responsible | vacant, Chancellor of the Exchequer |
| Parent department | Ministry of the Imperial and Royal Household |
HistoryEdit
The Imperial Treasury was created on 17 January 2018, through Imperial Decree n. 125-2O18[2], considering the need to make use of national and foreign currencies for economic purposes. This was one of several steps to foster economic activity in the Empire; the main since the founding of the Imperial Bank of Karnia-Ruthenia.
BudgetEdit
According to its creation decree, a first contribution should be made and, at the date of its creation, the resources deposited in the Imperial Treasury were estimated at the value of € 57.OO, or US$ 69.00, or R$ 225,00, or $AR 1.317,00[3].