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Bill: Central Bank Autonomy
Details
Submitted by[?]: Social Liberal Party
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: February 4262
Description[?]:
Let's keep the Central Bank a semi-autonomous entity from the government. While the Ministry of Finance shall appoint its head and board, its members must be career economists and its common functioning must fulfil purely economic matters. The government would still keep the key for changing the board of the bank. This will prevent corruption both in the Likatonian Central Bank and in the Government, and ensure that the functioning of the former is as efficient as it can be. |
Proposals
Article 1
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is underneath the direct oversight of the Ministry of Finance.
Current: The central bank is underneath the direct oversight of the head of state.
Proposed: The government appoints the head of the central bank and an executive board to manage the central bank and can interfere with its operations.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 275 | ||||
no | Total Seats: 91 | ||||
abstain |
Total Seats: 59 |
Random fact: Google Translate can help you with those language translations: https://translate.google.com/ |
Random quote: "They can call us communists and fascists all they want but, their words are of a hollow ring with the blood of innocence at their feet." - Mathew Jameson, former Hutorian politician |