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Bill: Economic Reform Law
Details
Submitted by[?]: Unified Social Democratic 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: September 4678
Description[?]:
X |
Proposals
Article 1
Proposal[?] to change Collective bargaining
Old value:: Public and private sector employees have the right to collectively bargain
Current: Public and private sector employees have the right to collectively bargain
Proposed: No employees may engage in collective bargaining
Article 2
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 government appoints the head of the central bank and an executive board to manage the central bank and can interfere with its operations.
Article 3
Proposal[?] to change Government policy on cryptocurrency.
Old value:: The government has no policy on cryptocurrency
Current: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Proposed: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Article 4
Proposal[?] to change The government's policy towards daily working hours.
Old value:: The government has no policy concerning daily working hours.
Current: Daily working hours are regulated by the government.
Proposed: Daily working hours are regulated by the government.
Article 5
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: The government has no policy on the charging of interest on loans
Current: Banks and financial institutions charge interest on loans and are regulated
Proposed: The Ministry of Finance determines the policy on charging interest on loans
Article 6
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors need to obtain government approval for all investments in national companies.
Article 7
Proposal[?] to change Reserve requirements for bank loans
Old value:: The government takes no stance on reserve requirements for bank loans.
Current: There is a full reserve requirement for bank loans.
Proposed: There is a full reserve requirement for bank loans.
Article 8
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Article 9
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government subsidizes private enterprises that face bankruptcy.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Article 10
Proposal[?] to change The government's policy on advertising
Old value:: All advertising is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: Only advertising that meets certain set standards is permitted.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes | Total Seats: 750 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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