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Bill: Economic Reform Act
Details
Submitted by[?]: Potensian National Congress
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: December 4142
Description[?]:
| The private sector should be allowed a role in our economy - so long as it works in the general national interest. President Vijay Tripathi |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors are not allowed to invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors need to obtain government approval for all investments in national companies.
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
Current: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 99 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
| Random quote: "Politics have no relation to morals." - Niccolo Machiavelli |