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Bill: Industry & Finance Act
Details
Submitted by[?]: Hobratsuri Demokratebis Kavshiri
Status[?]: passed
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 3522
Description[?]:
We want to persue a policy of private ownership of industries and financial institutions where such is justified, and encourage competition within various sectors. Also, we want to ease monetary and financial restrictions in order to create a more flexible economy. Tamaz Erdoshvili Minister of Trade & Industry |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is fixed by the government.
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, but the government is permitted to intervene when necessary.
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
Current: The government subsidizes private enterprises that face bankruptcy.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Article 3
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are actively enforced in all sectors of the economy.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are forbidden, and are actively broken up.
Article 4
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: All banks are privately owned.
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: 587 | |
no | Total Seats: 162 | |
abstain | Total Seats: 0 |
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