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Bill: Liberalising the Economy
Details
Submitted by[?]: Wrnuké Staté Prta
Status[?]: defeated
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: August 4168
Description[?]:
| Contained within this bill are provisions which seek to liberalise Vanuku's economy to encourage investment from business. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: All advertising is permitted.
Article 2
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 3
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies but the prices they can charge are regulated.
Current: Energy provision is left to local governments.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 4
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
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, and the government does not intervene at all.
Article 5
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors may freely invest in national companies.
Article 6
Proposal[?] to change The right to gamble.
Old value:: Gambling is illegal unless taking place in a licensed casino.
Current: Gambling is illegal unless taking place in a licensed casino.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 7
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 8
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: The government is entirely responsible for the controlled sales of recreational drugs through operating stores and other locations.
Current: The government is entirely responsible for the controlled sales of recreational drugs through operating stores and other locations.
Proposed: There is no policy concerning the sales of recreational drugs.
Debate
These messages have been posted to debate on this bill:
| Date | 22:42:02, February 15, 2017 CET | From | Wrnuké Staté Prta | To | Debating the Liberalising the Economy |
| Message | We wish to hear the government's view on these proposals before pushing forward with the voting process. --- Eksandr Kush Liberal Party leader |
| Date | 15:58:44, February 16, 2017 CET | From |   Knstat Nrzilyk Kmitat | To | Debating the Liberalising the Economy |
| Message | Mr. Speaker, The Crown Party has objections to the following articles, with a stated reason: Article 1: we oppose child labour, we must protect the younger generations and make sure they receive education and have time off to enjoy themselves and develop before they become tools of a strong society. Article 2: we must protect our economy and our coin, the Vanukean Mark is known across the globe as a stable and reliable currency and we can not allow ourselves to undo this. Article 4: we firmly believe in saving great Vanukean companies to keep the economy and market healthy, but the even bigger reason here is protecting the people. Article 5: we would agree with article 5 but we wish to note to mister Kush that the state makes a good amount of money on selling gambling licenses. Article 6: simply no, by having the state do the sale of recreational drugs we can assure both quality and guarantee a good revenue. Article 8: this is also a dealbreaker for us, the Crown Party finds that one fo the main priorities of the government is to protect its own economy. With some amendments we are willing to meet in between. Johannes Vrn Parliamentary Chairman of the Crown Party |
| Date | 18:40:50, February 16, 2017 CET | From | Wrnuké Staté Prta | To | Debating the Liberalising the Economy |
| Message | Mr Speaker, Given that articles supported by the Crown Party are in the minority, we will consider moving them separately of those which they oppose. Even so, there are a few points we wish to query. Firstly, on the matter of child labour. We find it to be unfair that sixteen and seventeen year olds are denied the opportunity to work. Many of this age have realised they do not wish to continue in education and if they were allowed to seek employment, they would be better placed to contribute in the future. On gambling, we believe there could be a moral argument against the state profiting from an industry which can cause great harm to those who end up worse off. Lastly, we simply feel that the government should steer will clear of the recreational drugs industry! Eksandr Kush Liberal Party leader |
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Voting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no |
Total Seats: 225 | |
| abstain | Total Seats: 0 |
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