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Bill: Kafuri Economic Reform Act of 4040
Details
Submitted by[?]: Kafuri Nationalist Party (KNP)
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: September 4040
Description[?]:
| The Kafuri people have for too long been excluded from the economic prosperity that the Channese have experienced. The Chann government has fixed the economy in favor of citizens of Channese descent, and they have used the power of Kafuristan to increase their own personal wealth. The Kafuri people must stand up and resist this and fight for our interests. Assad Karim Chairman of the KNP |
Proposals
Article 1
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: There is no policy on monopolies, they are unregulated.
Current: Monopolies are only forbidden in specific sectors of the economy.
Proposed: Monopolies are only forbidden in specific sectors of the economy.
Article 2
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 3
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is forbidden.
Current: Child labour is forbidden.
Proposed: Child labour is allowed, but with additional regulations to those of adult labourers.
Article 4
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government subsidizes private enterprises that face bankruptcy.
Article 5
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 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: 59 | |
| no | Total Seats: 41 | |
| abstain | Total Seats: 0 |
| Random fact: When forming a cabinet, try to include as few parties as possible, while still obtaining a majority of the seats. |
| Random quote: "There is no other definition of communism valid for us than that of the abolition of the exploitation of man by man." - Che Guevara |