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Bill: Central Banking Act
Details
Submitted by[?]: Socialist Party of Kafuristan
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: December 2694
Description[?]:
| Resolved, that the government of the Citizen Kafuristan hereby established the Central Bank of Kafuristan under the aegis of the Ministry of Finance. Resolved, that the Central Bank of Kafuristan shall be headed by a director appointed by the Minister of Finance. Resolved, that the Central Bank of Kafuristan shall be responsible for coining and printing money, establishing interest rates, setting the official value of the Kafuristan and establishing and maintaining a deposit insurance programme to insure all deposits up to 100,000 Kafuristan. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no |
Total Seats: 76 | ||
| abstain |
Total Seats: 0 |
| Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: “Where would the weapons and equipment come from once you've banned the defence industry? Will we be defended by all your hippy people hurling potatoes and cabbages?” - Margaret Woodhall, former Dranian politician |