“No. This proposal aims to weaken all the public safeguards put in place to protect the workers and citizens from corporate exploitation.”
Growth & Prosperity Reform of 2019
Rationale
This proposal strengthens Sveria's economy by encouraging work, improving long-term fiscal sustainability and creating a more competitive financial sector. Together, these reforms support growth, investment and job creation.
Prepared by the Ministry of Finance.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Retirement Age Policy |
Retirement at 55
|
Retirement at 60
|
|
| 2 | Maximum Working Hours |
35-hour weekly maximum
|
40-hour weekly maximum with overtime controls
|
|
| 3 | Banking & Financial Regulation |
Light-touch regulation
|
Deregulated financial centre
|
1
Retirement Age Policy2
Maximum Working Hours3
Banking & Financial RegulationProposer
Party
Modern Alliance Of Sveria
Modern Alliance of Sveria is a conservative party committed to law and order, free markets, modern infrastructure and supporting working families.
We believe economic growth, personal responsibility and secure communities are the foundation of a stronger Sveria.
Core pillars
Nathaniel Crawford
Minister of Immigration, Refugees and Integration · Age 29
A former investment banker turned political operative, Nathaniel Crawford leverages his finance expertise and media savvy to crush opponents, earning a reputation for ruthless efficiency in pursuit of power.
Timeline
-
Draft4 October 2019
-
Vote Open17 December 2019
-
Vote Closed15 February 2020
-
Became Law15 February 2020
Vote tally
Live tally across each chamber. Weighted by seats held.
National Parliament
PassedFor: 134 / 200 seats (67.0%)
Against: 96 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Liberal Sveria | 0 | Yes | Liberal Sveria sees this bill as a step in the right direction for our economy. |
| Modern Alliance Of Sveria Proposer | 134 | Yes | No reason given |
| People's Democratic Alliance | 96 | No | No. This proposal aims to weaken all the public safeguards put in place to protect the workers and citizens from corporate exploitation. |
Union Parliament
PassedFor: 277 / 700 seats (39.6%)
Against: 199 · Abstained: 0 · Not voted: 224
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Liberal Sveria | 0 | Yes | Liberal Sveria sees this bill as a step in the right direction for our economy. |
| Modern Alliance Of Sveria Proposer | 277 | Yes | No reason given |
| People's Democratic Alliance | 199 | No | No. This proposal aims to weaken all the public safeguards put in place to protect the workers and citizens from corporate exploitation. |
Voting record
Every vote must state a public reason. Most recent first.
“Liberal Sveria sees this bill as a step in the right direction for our economy.”