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Bill: Fourth Cabinet Reform: Central Bank
Details
Submitted by[?]: National Movement
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 4971
Description[?]:
This Cabionet will reform a few things concerning our central bank. |
Proposals
Article 1
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 central bank is an entirely independent agency of the government.
Proposed: The central bank is underneath the direct oversight of the Ministry of Finance.
Article 2
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: Charging interest on loans is illegal for religious purposes
Current: Banks and financial institutions charge interest on loans and are regulated
Proposed: The central bank determines the policy on charging interest on loans (if one exists)
Debate
These messages have been posted to debate on this bill:
Date | 19:00:08, July 23, 2021 CET | From | Agrarian Populist Party | To | Debating the Fourth Cabinet Reform: Central Bank |
Message | Mr. Speaker, This bill is a slap in the face of the people. We strenuously oppose any attempt to introduce usury or to consolidate banking power. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 85 | |||
no | Total Seats: 65 | |||
abstain | Total Seats: 0 |
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