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Bill: Capital Controls Act
Details
Submitted by[?]: Socialist Alliance
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: January 3640
Description[?]:
| The government proposes a system of capital controls to keep investment in Aloria. Also a system of local tock exchanges to better manage local economies and support regional development. |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
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 kept within a defined band of fluctuation.
Article 2
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: This is left to the local governments.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 156 | |
| no |
Total Seats: 119 | |
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow role-play that seems to belong to the world of fantasy, science fiction and futuristic speculation. |
| Random quote: "Political correctness is just tyranny with manners." - Charlton Heston |