Economic Deregulation And Privatisation Act of 2018
Rationale
These changes will boost economic growth by removing regulatory barriers, fostering private investment and innovation across key sectors for greater public prosperity and opportunity.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Arms Exports |
Licensed exports with end-use checks
|
Sell arms with minimal restriction
|
|
| 2 | Banking & Financial Regulation |
Strong prudential oversight
|
Deregulated financial centre
|
|
| 3 | Public Ownership of Key Industries |
Private, with strong regulation
|
Full privatisation, market discipline
|
|
| 4 | Rent Control |
Light stabilisation, mostly market rents
|
No controls; market sets rents
|
1
Arms Exports2
Banking & Financial Regulation3
Public Ownership of Key Industries4
Rent ControlProposer
Party
New Popular Front
A party of builders and dreamers where freedom fuels prosperity and ambition shapes destiny.
Core pillars
Ethan O'Connor
Activist · Age 40
A once-promising academic turned media strategist, Ethan O'Connor wields policy expertise and sharp media savvy to shape public debate and rally support behind bold reforms.
Timeline
-
Draft24 November 2018
-
Vote Open24 November 2018
-
Vote Closed23 January 2019
-
Became Law23 January 2019
Vote tally
Live tally across each chamber. Weighted by seats held.
First Council of Ministers
PassedFor: 80 / 100 seats (80.0%)
Against: 0 · Abstained: 0 · Not voted: 20
| Party | Seats | Vote | Reason |
|---|---|---|---|
| New Popular Front Proposer | 65 | Yes | No reason given |
| Social Democratic Union | 15 | Yes | No reason given |
The People’s Assembly
PassedFor: 143 / 200 seats (71.5%)
Against: 0 · Abstained: 0 · Not voted: 57
| Party | Seats | Vote | Reason |
|---|---|---|---|
| New Popular Front Proposer | 110 | Yes | No reason given |
| Social Democratic Union | 33 | Yes | No reason given |
First Citizen
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| New Popular Front Proposer | 1 | Yes | No reason given |