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Bill: Economic Reform Act
Details
Submitted by[?]: Demokrata Partio
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 3981
Description[?]:
| Since the nationalization of industry we have seen a decline in output in several industries, fleeing capital abroad and multiple runs on the Central Bank! The Central Bank does not even hold private currency! We must de-nationalize corporations or face collapse. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Article 2
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 kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 3
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: The government owns the stock exchange(s).
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: 365 | ||
| no | Total Seats: 88 | ||
| abstain | Total Seats: 47 |
| Random fact: Use a valid e-mail address for your Particracy account. If the e-mail address you entered does not exist, your account may be suspected of multi-accounting and inactivated. |
| Random quote: "Political correctness is just tyranny with manners." - Charlton Heston |