We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.

Bill: D.d.l. 03/06 Monetary Politics and Central Bank action

Details

Submitted by^[?]: Unione Socialista per la Nazione

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 4107

Description^[?]:

Mario Scocciarro - Minister of Finance

"NSU thinks that allowing a free fluctuation of the currency exposes Istalia to financial turmoil and speculative attacks. This proposal aims to both protect Lira from foreign or speculative attacks allowing the Central Bank to intervene if the currency appreciates or depreciates on the foreign exchange market to stabilize the exchange rate. Regaining possession of monetary politics for our Central Bank can only carry additional stability to our economic and financial system".

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:

subscribe to this discussion - unsubscribe

Voting

Vote

Seats

yes

Unione Socialista per la Nazione (117)
Nuova Socialdemocrazia (112)

Total Seats: 229

Popolari per l'Istalia - U.o.L. (218)

Total Seats: 218

abstain

Alleanza Radicale - NCD (95)
Partito dei Democratici Istaliani (63)
Partito Comunista dei Lavoratori (PCdL) (0)
Confederazione Rurale (0)

Total Seats: 158

Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363

Random quote: "In our age, there is no such thing as 'keeping out of politics.' All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred and schizophrenia." - George Orwell

This page was generated with PHP
Copyright 2004-2010 Wouter Lievens
Queries performed: 36