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Bill: National Revolutionary Council Decree I - Economics
Details
Submitted by[?]: National Revolutionary Council
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: October 3469
Description[?]:
| Decreed by the National Revolutionary Council. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 24
Current: 20
Proposed: 28
Article 3
Proposal[?] to change The government's policy towards daily working hours.
Old value:: Daily working hours are regulated by the government.
Current: The government obligates trade unions and employers to negotiate the daily number of working hours.
Proposed: The government has no policy concerning daily working hours.
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 5
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 6
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
| Date | 23:46:01, April 12, 2013 CET | From |  The Republican Party | To | Debating the National Revolutionary Council Decree I - Economics |
| Message | Only Articles 3, 5, and 6 are acceptable. |
| Date | 23:53:54, April 12, 2013 CET | From | National Revolutionary Council | To | Debating the National Revolutionary Council Decree I - Economics |
| Message | Mr. Speaker, How can you claim to be democratic and republican while maintaining that government ownership of the economy is proper? You are clearly confused. Hasib Osama El-Ghazzawy, Commissioner of Finance of the National Revolutionary Council. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no |
Total Seats: 300 | |
| abstain | Total Seats: 0 |
| Random fact: Check out the forum regularly for game news. http://forum.particracy.net/ |
| Random quote: "Africa is poor because its investors and its creditors are unspeakably rich" - Naomi Klein |