About the new budget

Yesterday, the final session of the SOVSEM (VGD Parliament) took place, where the Drakonberg budget for the already started financial year was finally approved. According to the law, the budget should have been adopted three days ago, but due to significant changes in the new budget compared to the previous one, the debate dragged on longer than expected.

The final budget is published on the official website of the VGD, and the resolution adopted yesterday is in the "Government" section.

New budget adopted

In the middle of summer, one fiscal year ended in Drakonberg and the next began. The resolution on the adoption of the budget can be found in the section "Government".

Why this happens on August 1, no one remembers now, the tradition is very old, which arose long before the appearance of the Drakonberg itself as a state.

But the tradition persists and the approval of the new budget usually takes place during heated discussions. And this time...

Another reform

Unfortunately, economists' forecasts do not inspire optimism. Taking into account global trends and the interests of the residents of Drakonberg, a meeting of the Board of the Central Bank was held today, at which it was decided to change the composition of the ergid.

The full text of the Central Bank Decision is presented on the official website of the state in the "Government" section. And here we will briefly express our ideas and hypotheses about the future of the world economy and the benefits of the measures taken by our Central Bank.

Budget adoption

Yesterday, a meeting of the Drakonberg Parliament was held, at which the state's internal budget for the new 2023/2024 financial year was adopted. The results of the past year and further prospects for the economic development of our state were also discussed.

The resolution adopted at the end of the meeting is published in the "Government" section.

You can read some details below.

Diplomatic news

Unfortunately, this will be sad news. We have been postponing this decision for a very long time, but it is impossible to delay any further. Yesterday the Commission on Foreign Policy of Drakonberg passed a resolution to temporarily suspend the Treaty of Recognition and Cooperation between Drakonberg and the Principality of Aysellant.

Why this happened and why we consider this news sad will be discussed below. 

The budget is approved

According to a long tradition, the fiscal year in Drakonberg begins on August 1. According to Article 8.2.1 of the Drakonberg Constitution, a draft internal budget for the coming 2022-2023 fiscal year has been prepared.

Yesterday the Parliament held a meeting where the draft was considered and approved. The corresponding Decree is published in the "Government" section, while the budget published on this page.