VIEW THE FISCAL YEAR 2023-2024 UTREAN EMPIRE ANNUAL REPORT
The Utrean Empire is a nation bordered by Southern Ontario, Canada which has territories in the Lesser Antilles, Caribbean. The Utrean Empire has a population of 15 (as of ~November 2024). Utrea is made up of 7 provinces and 1 territory (as of December, 2024).
Utrea's economy is primarily based on energy production, consumer spending, government spending, and trade, with government spending making up a total of ~61.9% of the GDP (Gross Domestic Product) in October, 2024. A large portion of teske-denominated government revenue is spent on government officials' salaries, general monthly payments, economic stimulus and social assistance programs. A large portion of forex-denominated government revenue is spent on imports, the Subsidized Sanitary Products Act, foreign exchange market activities, and much more. In 2021 a large portion of foreign currency denominated government revenue was spent on solar panels, starting energy production and reducing a slight portion of reliance on the Canadian electricity; however, we are still reliant on Canadian electricity.
Here are some statistics for the Utrean Empire:
Population: 15 (November 2024 unofficial estimate)
Currency: Utrean teske (UTE), Canadian dollar (unofficial)
Currency value: CAD$0.01086 (as of December 6th, 2024).
Provinces: 7
Territories: 1
Registered Imperial Family Members: 3 (Registered meaning that they are active and are currently a citizen of Utrea.)
Capital City: Idosea, Uskea, the Utrean Empire.
Area: Unknown
Language: English (nationwide), Spanish (Ciudad del Coco, unofficial)
Full Name: The Utrean Empire
System of Government: Semi-Constitutional Monarchy
Current Parliamentary Administration Term: October 2024 - October 2025 (November 7th, 2024 - November 7th, 2025)
Established on: July 18th, 2021
Fiscal Year 2023-2024 GDP: Ŧ2,566,480.63 (~CAD$28,154.30)
Fiscal Year 2023-2024 GDP Per Captia: Ŧ171,098.71 (~CAD$1,876.96)
Emperor: H.I.M. Emperor Braden I