${recommendation}

Note: This model provides a simplified, conceptual estimate based on commonly used metrics and policy assumptions. Real-world foreign exchange reserves optimization involves complex financial modeling, extensive data analysis, and geopolitical considerations. It should be used for illustrative purposes only and not as a substitute for expert financial advice.

`; } // PDF Download Functionality downloadPdfBtn.addEventListener('click', function() { const { jsPDF } = window.jspdf; const doc = new jsPDF(); // Get current results HTML to convert to text for PDF const currentReserves = parseFloat(currentReservesInput.value); const monthlyImports = parseFloat(monthlyImportsInput.value); const shortTermDebt = parseFloat(shortTermDebtInput.value); const gdp = parseFloat(gdpInput.value); const capitalFlightRisk = parseFloat(capitalFlightRiskInput.value) / 100; const m2MoneySupply = parseFloat(m2MoneySupplyInput.value); const importCoverTarget = parseFloat(importCoverTargetInput.value); const debtCoverTarget = parseFloat(debtCoverTargetInput.value) / 100; const gdpRatioTarget = parseFloat(gdpRatioTargetInput.value) / 100; const riskAversion = riskAversionSelect.value; const exchangeRateRegime = exchangeRateRegimeSelect.value; // Re-calculate results for PDF consistency let importCoverMonths = monthlyImports > 0 ? currentReserves / monthlyImports : 0; let shortTermDebtCover = shortTermDebt > 0 ? (currentReserves / shortTermDebt) * 100 : 0; let reservesToGdpRatio = gdp > 0 ? (currentReserves / gdp) * 100 : 0; let capitalFlightVulnerability = m2MoneySupply * capitalFlightRisk; let currentM2Cover = m2MoneySupply > 0 ? (currentReserves / m2MoneySupply) * 100 : 0; let riskAdjustmentFactor = 1; if (riskAversion === 'high') { riskAdjustmentFactor = 1.15; } else if (riskAversion === 'low') { riskAdjustmentFactor = 0.90; } let regimeAdjustmentFactor = 1; if (exchangeRateRegime === 'fixed') { regimeAdjustmentFactor = 1.10; } else if (exchangeRateRegime === 'free-float') { regimeAdjustmentFactor = 0.95; } let baseOptimalReserves = Math.max( monthlyImports * importCoverTarget, shortTermDebt * debtCoverTarget, gdp * gdpRatioTarget ); baseOptimalReserves += capitalFlightVulnerability * 0.5; let finalOptimalReserves = baseOptimalReserves * riskAdjustmentFactor * regimeAdjustmentFactor; finalOptimalReserves = Math.max(finalOptimalReserves, currentReserves * 0.8); const reservesGap = finalOptimalReserves - currentReserves; const status = reservesGap > 0 ? "Underfunded" : (reservesGap < 0 ? "Overfunded" : "Optimal"); const recommendation = reservesGap > 0 ? `To reach the optimal level, consider accumulating an additional $${Math.abs(reservesGap).toLocaleString('en-US', { maximumFractionDigits: 0 })} in reserves. This could involve strategies like fiscal consolidation, attracting foreign direct investment, or issuing external debt.` : (reservesGap < 0 ? `Reserves are currently $${Math.abs(reservesGap).toLocaleString('en-US', { maximumFractionDigits: 0 })} above the estimated optimal level. Consider optimizing the use of excess reserves for productive investments, debt reduction, or other developmental goals, while maintaining adequate liquidity buffers.` : `Your current foreign exchange reserves are estimated to be at an optimal level based on the provided inputs and assumptions.`); // PDF Content Setup doc.setFontSize(22); doc.setTextColor(30, 64, 138); // Dark Blue doc.text("Foreign Exchange Reserves Optimization Report", 105, 20, null, null, "center"); doc.setFontSize(12); doc.setTextColor(55, 65, 81); // Gray-700 let y = 30; // Inputs Section doc.setFontSize(16); doc.setTextColor(30, 64, 138); // Dark Blue doc.text("1. Input Parameters", 20, y += 15); doc.setFontSize(12); doc.setTextColor(55, 65, 81); // Gray-700 doc.autoTable({ startY: y + 5, head: [['Parameter', 'Value ($)']], body: [ ['Current Foreign Exchange Reserves', currentReserves.toLocaleString('en-US', { maximumFractionDigits: 0 })], ['Average Monthly Imports', monthlyImports.toLocaleString('en-US', { maximumFractionDigits: 0 })], ['Short-Term External Debt Due (next 12 months)', shortTermDebt.toLocaleString('en-US', { maximumFractionDigits: 0 })], ['Annual GDP', gdp.toLocaleString('en-US', { maximumFractionDigits: 0 })], ['Estimated Capital Flight Risk (% of M2)', (capitalFlightRisk * 100).toFixed(2)], ['M2 Money Supply', m2MoneySupply.toLocaleString('en-US', { maximumFractionDigits: 0 })] ], theme: 'grid', styles: { fillColor: [243, 244, 246] }, // Light gray background headStyles: { fillColor: [59, 130, 246], textColor: [255, 255, 255] }, // Blue header margin: { left: 20, right: 20 } }); y = doc.autoTable.previous.finalY; // Assumptions Section doc.setFontSize(16); doc.setTextColor(30, 64, 138); // Dark Blue doc.text("2. Policy Assumptions", 20, y += 15); doc.setFontSize(12); doc.setTextColor(55, 65, 81); // Gray-700 doc.autoTable({ startY: y + 5, head: [['Assumption', 'Value']], body: [ ['Target Import Cover (Months)', importCoverTarget.toFixed(2)], ['Target Short-Term Debt Cover (%)', (debtCoverTarget * 100).toFixed(2)], ['Target Reserves to GDP Ratio (%)', (gdpRatioTarget * 100).toFixed(2)], ['Policy Risk Aversion', riskAversion.charAt(0).toUpperCase() + riskAversion.slice(1)], ['Exchange Rate Regime', exchangeRateRegime.split('-').map(word => word.charAt(0).toUpperCase() + word.slice(1)).join(' ')] ], theme: 'grid', styles: { fillColor: [243, 244, 246] }, headStyles: { fillColor: [59, 130, 246], textColor: [255, 255, 255] }, margin: { left: 20, right: 20 } }); y = doc.autoTable.previous.finalY; // Results Section doc.setFontSize(16); doc.setTextColor(30, 64, 138); // Dark Blue doc.text("3. Optimization Results", 20, y += 15); doc.setFontSize(12); doc.setTextColor(55, 65, 81); // Gray-700 doc.autoTable({ startY: y + 5, head: [['Metric', 'Value']], body: [ ['Current Reserves', `$${currentReserves.toLocaleString('en-US', { maximumFractionDigits: 0 })}`], ['Import Cover (Months)', importCoverMonths.toFixed(2)], ['Short-Term Debt Cover (%)', shortTermDebtCover.toFixed(2)], ['Reserves to GDP Ratio (%)', reservesToGdpRatio.toFixed(2)], ['M2 Cover (%)', currentM2Cover.toFixed(2)], ['Estimated Capital Flight Vulnerability', `$${capitalFlightVulnerability.toLocaleString('en-US', { maximumFractionDigits: 0 })}`] ], theme: 'grid', styles: { fillColor: [243, 244, 246] }, headStyles: { fillColor: [59, 130, 246], textColor: [255, 255, 255] }, margin: { left: 20, right: 20 } }); y = doc.autoTable.previous.finalY; doc.setFontSize(14); doc.setTextColor(22, 163, 74); // Green-700 doc.text(`Estimated Optimal Reserves: $${finalOptimalReserves.toLocaleString('en-US', { maximumFractionDigits: 0 })}`, 20, y += 15); const statusColor = reservesGap > 0 ? [220, 38, 38] : (reservesGap < 0 ? [22, 163, 74] : [59, 130, 246]); // Red, Green, Blue doc.setTextColor(statusColor[0], statusColor[1], statusColor[2]); doc.setFontSize(14); doc.text(`Current Reserves Status: ${status} by $${Math.abs(reservesGap).toLocaleString('en-US', { maximumFractionDigits: 0 })}`, 20, y += 10); doc.setTextColor(55, 65, 81); // Gray-700 doc.setFontSize(12); doc.text("Recommendation:", 20, y += 15); const splitRecommendation = doc.splitTextToSize(recommendation, 170); // Max width for text doc.text(splitRecommendation, 20, y += 7); y += (splitRecommendation.length * 5) + 5; // Adjust Y for text height doc.setFontSize(10); doc.setTextColor(107, 114, 128); // Gray-500 const disclaimer = "Note: This model provides a simplified, conceptual estimate based on commonly used metrics and policy assumptions. Real-world foreign exchange reserves optimization involves complex financial modeling, extensive data analysis, and geopolitical considerations. It should be used for illustrative purposes only and not as a substitute for expert financial advice."; const splitDisclaimer = doc.splitTextToSize(disclaimer, 170); doc.text(splitDisclaimer, 20, y += 15); doc.save('Foreign_Exchange_Reserves_Optimization_Report.pdf'); }); // Initialize the first tab as active on load activateTab(0); });