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Bill: Economic metrics and state budget of 4165

Details

Submitted by[?]: Partidul Loialist

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: April 4166

Description[?]:

~~ Economic metrics of 4165 ~~

Economic development: Low
Economic power: Weak

Gross Domestic Product: 504 634 317 294 ₮
Consumption: 70,73%
Investment: 18.37%
Govt: 10,9% (if this budget proposal passes)

GDP growth rate: 4.03% (yearly average 4160-4165)

GDP by sector:
Agriculture: 18.8%
Industry: 62.4%
Services: 18.8%

Main exports:
Oil & petroleum products, fabrics & clothing, sugar & confectionery, fish & seafood, shipping & ships, heavy industrial machinery

Main imports:
Steel, electronics, timber & paper

Inflation: 1.22% (yearly average 4160-4165)

National debt: 101 735 235 854 ₮

Workforce (18-62 yo): 71.3%
Unemployment: 4.5%

Poverty rate: 21.3%

Literacy: ~100%

Previous economic censuses:
4160: http://classic.particracy.net/viewbill.php?billid=503710
4152: http://classic.particracy.net/viewbill.php?billid=501434
4147: http://classic.particracy.net/viewbill.php?billid=499750
4138: http://classic.particracy.net/viewbill.php?billid=497548

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

~~ State Budget of 4165 ~~

~ Revenue ~

Total revenue: 55 350 000 000 ₮

Income tax (18%): 49 230 000 000 ₮
- Gross income tax: 51 160 000 000 ₮
- Reductions and deductions: -1 930 000 000 ₮

Tariffs: 5 070 000 000 ₮

Profits from state-owned corporations: 1 050 000 000 ₮


~ Spending ~

Total spending: 55 250 000 000 ₮

Head of Government: 300 000 000 ₮

Foreign Affairs: 800 000 000 ₮

Internal Affairs: 630 000 000 ₮

Finance: 4 300 000 000 ₮
- Interest on national debt: 4 000 000 000 ₮

Defence: 14 100 000 000 ₮

Justice: 6 000 000 000 ₮

Infrastructure and Transport: 6 810 000 000 ₮ (increased for the upcoming energy infrastructure program)

Health and Social Services: 7 250 000 000 ₮ (introduction of housing benefit)

Education and Culture: 7 170 000 000 ₮

Science and Technology: 2 120 000 000 ₮

Food and Agriculture: 1 670 000 000 ₮

Environment and Tourism: 2 050 000 000 ₮

Trade and Industry: 2 050 000 000 ₮


~ Balance ~

Surplus/deficit: +100 000 000 ₮

Proposals

Debate

These messages have been posted to debate on this bill:

Date06:39:10, February 13, 2017 CET
FromPartidul Loialist
ToDebating the Economic metrics and state budget of 4165
MessageMr Speaker,

I have taken the advice of the MoF in consideration and made a compromise. Spending on the justic department will be reduced by 50%. I will fund this by getting rid of unnecessary bloat in the system.

Serban Barbulescu
Minister of Justice (PT)

Date10:50:36, February 13, 2017 CET
FromPartidul Loialist
ToDebating the Economic metrics and state budget of 4165
MessageOOC: Typo - the revenue from the income tax is based on a tax rate of 16% not 18%

subscribe to this discussion - unsubscribe

Voting

Vote Seats
yes
  

Total Seats: 399

no

    Total Seats: 0

    abstain
      

    Total Seats: 0


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