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Bill: Banking Sector Reforms
Details
Submitted by[?]: United Democratic Party
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: October 4326
Description[?]:
| To allow creation of large scale private and foreign banks subject to strict oversight by the government owend Central Bank. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is an entirely independent agency of the government.
Current: The government appoints the head of the central bank and an executive board to manage the central bank and can interfere with its operations.
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: 0 | ||||
| no |
Total Seats: 385 | ||||
| abstain | Total Seats: 365 |
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