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Bill: Central Bank Reform
Details
Submitted by[?]: Front for Change and Liberation - SN
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: February 4619
Description[?]:
| The central bank has far too much independence. The monetary policy of the central bank needs to be controlled by the state, we can't let something so impactful on the lives of most of the population. I propose that the control over the central bank shall be given to the minister finance instead, as he has the knowdelege to control it and use it effectively for the benefit of our population. |
Proposals
Article 1
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Current: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Proposed: The central bank is underneath the direct oversight of the Ministry of Finance.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 285 | ||||
| no |
Total Seats: 314 | ||||
| abstain | Total Seats: 0 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "The belief in the possibility of a short decisive war appears to be one of the most ancient and dangerous of human illusions." - Robert Lynd |