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Bill: Independent Central Bank act 5445

Details

Submitted by[?]: Conservative Alor Society

Status[?]: passed

Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: July 5446

Description[?]:

To further increase economic activity in Aloria. It is needed to let Aloria Federal Bank(AFB) to be independent without direct involvement from Alor Legislation. Actiom and Responsibility controlled by AFB such as :
a).implementing monetary policy and interest rates. b).ensuring stability on our money supply c).the regulator of economic stability.

From the statement above, we are proposing to change :

Current laws : The central bank is underneath the direct oversight of the national legislature

Proposed laws : The central bank is an entirely independent agency of the governmen

Proposals

Debate

These messages have been posted to debate on this bill:

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Voting

Vote Seats
yes
 

Total Seats: 38

no

    Total Seats: 0

    abstain
      

    Total Seats: 62


    Random fact: Particracy allows you to establish an unelected head of state like a monarch or a president-for-life, but doing this is a bit of a process. First elect a candidate with the name "." to the Head of State position. Then change your law on the "Structure of the executive branch" to "The head of state is hereditary and symbolic; the head of government chairs the cabinet" and change the "formal title of the head of state" to how you want the new head of state's title and name to appear (eg. King Percy XVI).

    Random quote: "The superior man is distressed by the limitations of his ability; he is not distressed by the fact that men do not recognize the ability that he has." - Confucius

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