UPD Jan. 11, 2023: The previous calculations of the Treasury’s total reserves contained an error. The actual increase in funds due to derivatives was 3%.
Starting this week, the Treasury is adding derivative assets, A and V, to the total balance sheet.
This action has instantly increased the amount of funds under The Church’s management by approximately 30%.
In light of this, St. Stephen has recalled his proposal to launch a Special Fund.
Over the next three months, the Treasurer will monitor the dynamics of the Treasury balance with the current structure and will prepare a report with related conclusions based on the results.
