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Bill: Currency exchange rate intervention
Details
Submitted by[?]: Communist Party of Solentia (CPS)
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: July 3776
Description[?]:
| Goverment must have instruments to prevent possible ecomomical crisis. Allowing the central bank to intervene on currency market will not harm, but will ensure stability and flexibility. This is not an unflexible policy like a defined band of fluctuation therefore actions will be taken according to the market situation. To Freedom Party: if a crisis occurs and the goverment do nothing, your beloved businesses could go bankrupt. |
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, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 120 | ||||
| no |
Total Seats: 105 | ||||
| abstain | Total Seats: 0 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
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