New data shared with VSBCnews indicates that despite the government’s plan to spend up to 200 billion golles (just about 400 billion US dollars) to build the City of Mount Vema, the actual cost of running the country after construction will be just about 16.4 billion golles per year both in operational and development expenditure.
The new data not only tells us that the 1.2 trillion golles asset value of the City of Mount Vema project after construction remains unchanged, it also indicates that the annual expenditures of 120 billion golles by 2030 estimated ten years ego is no longer applicable, so the surplus will enable the country to be debt free almost as soon as construction is completed. >>> Comments are closed.
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The Legal Entities of Mount Vema
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COUNTRY
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COUNTRY CODE
COUNTRY CODES IN USE Mount Vema Country Code: OV / MOV Mount Vema Numeric Country Code: 507 Currency Code: VSG Top-Level Domain: .com, and .ov (proposed) Proposed Telephone Country Code: +294 |
International Treaties – Ratified by the Kingdom of Mount Vema
Law of the Sea Treaty (United Nations Convention on the Law of the Sea) MARPOL 73/78 (Convention for the Prevention of Pollution from Ships) The Vienna Convention on Diplomatic Relations of 1961 The Vienna Convention on Consular Relations 1963 |