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Bill: Currency Reform and Regulation Act
Details
Submitted by[?]: Kalistani Union of Democratic Socialists
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: September 4335
Description[?]:
| Recognizing that under current law the exchange rate of the national currency is allowed to float, and seeing as the strength of Kalistan's currency and economy is based on whether people can know that the currency won't rapidly shift in value, this bill would regulate the currency exchange rate to within a certain defined band in order to introduce stability back into the economy. |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is kept within a defined band of fluctuation.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 595 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 155 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "We make war that we may live in peace." - Aristotle, Nichomachean Ethics |