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Bill: Government Economic reform & Expenditure Act 216

Details

Submitted by[?]: Unity Labour Party

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: January 4215

Description[?]:

The Unity Labour Party, with Julian Ferdinand as Head of Government, propose to adjust the government's spending budget under the Minister Of finance Amendment Act section 3 (c), http://classic.particracy.net/viewbill.php?billid=514665 to better address the economic and social situation of the Free State of Malivia to create jobs through the construction sector, agriculture and technology in collaboration with the private sector while decreasing the budget deficit.
This proposal also is in keeping to continue finance economic policies and programs stated within the economic reform policy of the government in this bill http://classic.particracy.net/viewbill.php?billid=519364 along with additional programs .

This bill sees increased spending in infrastructure, science and technology, food and agriculture and trade and industry. Also, the President has taken a salary cut to which he urges the rest of parliament to do likewise. This is projected to decrease the unemployment rate to 5% from 10%, create a surplus budget and increase economic activity and provide growth of 6% from 3%

These programs and Policies includes the following:

Redistribution of land and clear money incentives (like reduced tax) for people to move to newly acquired land and cultivate it.

Creation of a state construction company compromising of paid workers to undertake the construction of said projects.

Give monetary concessions to companies and businesses in the service sector to expand it.


Give incentives or concessions to foreign investors and the tourism sector to boost tourist arrival and foreign investment to create jobs and enhance the service sector

The Construction of a new Geothermal energy plant that will see Malivia's energy demands met by renewable sources by 80% as 10% is already through hydro which will cut energy cost by 30% over five years

Government giving concessions to farmers and industries within the Hemp industry that will produce Value added products such as textiles and paper, along with other concessions through handing out of fertilisers aimed at increasing supply in food products

Moreover, government seeking to boost trade through working along with the private sector to assist in giving soft loans at low interest rate payable over 10 years to companies that produce value added goods and services especially in food, advanced industries such as software technologies and energy industries in producing solar panels.

Also, concessions specifically to the fishing industry to improve productivity by purchasing larger fishing vessels and use modern enhanced practices such as fish farms. Moreover, the government plans to construct a new state of the art fishing facility.

Expansion of road programs and building of a new modern railway to increase trade.

Proposals

Debate

These messages have been posted to debate on this bill:

Date14:34:29, May 19, 2017 CET
FromUnity Labour Party
ToDebating the Government Economic reform & Expenditure Act 216
MessageI hereby move this bill for its first debate

Date15:13:08, May 19, 2017 CET
FromWind of Change
ToDebating the Government Economic reform & Expenditure Act 216
MessageWell, for some months is a good fix but for our party, healthcare, education and science are the base of every country and we should recover their budget after the crisis.

Date15:16:49, May 19, 2017 CET
FromUnity Labour Party
ToDebating the Government Economic reform & Expenditure Act 216
MessageI agree with you and that is indeed the plan. The redistribution of funding from education and health to productive sectors is to kickstart the economy. Once back to normalcy, it will be redistributed once again to education and health. Science and technology has seen an increase.

Date15:21:32, May 19, 2017 CET
FromWind of Change
ToDebating the Government Economic reform & Expenditure Act 216
MessageWe see your point and we will vote for

Date16:27:17, May 19, 2017 CET
FromFatherland Front
ToDebating the Government Economic reform & Expenditure Act 216
MessageI propose we do not pass this budget and pass mine.

Date16:53:34, May 19, 2017 CET
FromUnity Labour Party
ToDebating the Government Economic reform & Expenditure Act 216
MessageWhy?

Date16:53:58, May 19, 2017 CET
FromUnity Labour Party
ToDebating the Government Economic reform & Expenditure Act 216
MessageThe majority of the cabinet has voted to support this bill. That's democracy at work.

Date16:56:34, May 19, 2017 CET
FromUnity Labour Party
ToDebating the Government Economic reform & Expenditure Act 216
Message8/13 cabinet members support this bill. I think we can go through with it.

Date17:02:02, May 19, 2017 CET
FromFatherland Front
ToDebating the Government Economic reform & Expenditure Act 216
MessageSend it then.

Date17:21:48, May 19, 2017 CET
FromWind of Change
ToDebating the Government Economic reform & Expenditure Act 216
MessageWe hadn't seen the budget of FF when we announce to vote yes, although we think that science budget shouldn't be decreased we don't like that decrease of a nearly 50% on environment and tourism that you propose.
We think that Finance Minister and you have to negotiate a middle position, but after comparing both we prefer FF 's budget.

Date19:35:35, May 19, 2017 CET
FromUnity Labour Party
ToDebating the Government Economic reform & Expenditure Act 216
Messagei hereby move a motion that this debate be suspended until the passage of FF budget proposal is passed and until next year

Date15:54:01, May 21, 2017 CET
FromUnity Labour Party
ToDebating the Government Economic reform & Expenditure Act 216
Messagei hereby resume this bill for a debate

Date17:46:37, May 21, 2017 CET
FromWind of Change
ToDebating the Government Economic reform & Expenditure Act 216
MessageWe will abstain

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Voting

Vote Seats
yes
  

Total Seats: 212

no

    Total Seats: 0

    abstain
         

    Total Seats: 157


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