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Bill: Budget proposal of 3816 - 3820
Details
Submitted by[?]: Socialdemokratia Partio - Keruloismo
Status[?]: passed
Votes: This bill proposes to change the allocation of funds in the budget. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: July 3816
Description[?]:
Mr. Speaker, We propose a new budget for the years 3816-3820. With peace in sight and foreign forces defeated on Zardic soil we will decrease spending drastically on military with a 130 billion ZAR in total. Although we are fully aware that Zardugal should remain a military powerhouse on Majatra. Internal Affairs shall have a budget cut of 19 billion ZAR. Many agencies who where established for the war shall be closed down. Infrastructure and Transport shall have an increase of 10 billion ZAR. With great construction works coming up to rebuild Endiraho we will have high maintenance costs on machinery, personnel and other construction related costs. Science and Technology shall have a significant increase by 7 billion ZAR. To give this cabinet the power to boost innovation and to make Endiraho a Technology hub for the region. Environment and Tourism gets 11 billion extra to promote tourism and environmental clean up. Trade and Industry shall have a boost of 8 billion ZAR to help Endiraho to regain their industry. With drastic spending cuts and laying of hundreds of thousands of military men we expect a harsh decrease of our GDP, on top of that we shall have to loan up to 1.5 - 2 trillion ZAR to rebuild Endiraho and other crucial infrastructures throughout the country. Here are the figures; Expected GDP after budget get's past: 2,891,156,209,336 ZAR Current Public Debt 1 January 3815: 945,660,519,486 ZAR Current Public Debt %/GDP 1 January 3815: 31.51% - Calculated on old GDP figures of 3815 - Expected Deficit after adaptation Deficit (-)/ Surplus (+) Fiscal Year: + 38,086,871,643 ZAR Expected Deficit after adaptation Deficit (-)/ Surplus (+) Fiscal Year %/GDP: + 1.31% - Calculated on expected GDP after adoption - Expected Public Debt 1 January 3817: 907,573,647,843 ZAR - without interest payment on expected debt!!!!!!! - Expected Public Debt %/GDP 1 January 3817: 31.40% - Calculated on expected GDP after adoption - Expected Credit Rating: AA- Expected Outlook: Negative Expected Average Interest Rate on Debt of 3816: 4.01% Expected Interests Payment on 3816 Budget Deficit: 36,393,703,279 ZAR Expected Interest Rate on 3816 Budget Deficit: 4.01% Expected Public Debt 1 January 3817 with Average Interest Rate: 943,967,351,122 ZAR Expected Public Debt %/GDP 1 January 3817 with Average Interest Rate: 32.65% - Calculated on expected GDP after adoption - We would like to open up a debate about loaning money on the international markets of 1.5-2 trillion ZAR to rebuild Endiraho. With this massive loan and sharp increase in debt could possibly bankrupt our nation due high speculations on our government bonds. ===== Last Budget proposal: http://classic.particracy.net/viewbill.php?billid=430969 Current Budget situation: http://classic.particracy.net/viewbill.php?billid=430087 ===== Hendriko Martin President of Zardugal Pedro Martin Ministry of Finance |
Proposals
Article 1
Ministry | Current Budget | Old Budget | Propesed Budget |
Head of Government | 25,986,179,937 ZAR | 1,000,000,000 ZAR | 1,000,000,000 ZAR |
Foreign Affairs | 35,986,179,937 ZAR | 63,000,000,000 ZAR | 63,000,000,000 ZAR |
Internal Affairs | 25,986,179,937 ZAR | 94,000,000,000 ZAR | 75,000,000,000 ZAR |
Finance | 19,986,179,937 ZAR | 35,000,000,000 ZAR | 35,000,000,000 ZAR |
Defence | 54,152,020,700 ZAR | 380,000,000,000 ZAR | 250,000,000,000 ZAR |
Justice | 20,986,179,937 ZAR | 61,000,000,000 ZAR | 61,000,000,000 ZAR |
Infrastructure and Transport | 25,986,179,937 ZAR | 100,000,000,000 ZAR | 110,000,000,000 ZAR |
Health and Social Services | 140,986,179,937 ZAR | 60,000,000,000 ZAR | 60,000,000,000 ZAR |
Education and Culture | 140,986,179,937 ZAR | 46,000,000,000 ZAR | 46,000,000,000 ZAR |
Science and Technology | 25,986,179,937 ZAR | 38,000,000,000 ZAR | 45,000,000,000 ZAR |
Food and Agriculture | 23,486,179,937 ZAR | 24,500,000,000 ZAR | 24,500,000,000 ZAR |
Environment and Tourism | 60,120,476,570 ZAR | 14,500,000,000 ZAR | 25,500,000,000 ZAR |
Trade and Industry | 50,986,179,937 ZAR | 37,000,000,000 ZAR | 45,000,000,000 ZAR |
Total | 651,620,476,577 ZAR | 954,000,000,000 ZAR | 841,000,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes |
Total Seats: 448 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 202 |
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