2024 Economic Relief Act

The 2024 Economic Relief Act is a piece of legislation that was introduced by the Second gerdist Ministry. It would create multiple organisations, reaching the Science, Economic and Foreign aspects of the law.
== Sections Contained Within The Bill ==
Section 1 - The Democratic Science Organisation (DSO):
* The Department of Science and Research will be established. This body aims to research new tech in order to boost economic progress
* This body is government-owned, and is made up of qualified scientists from the country
* The primary objective of the DSO will be to research innovative technologies to streamline production processes for all companies
Section 2 - Democratic Economic Bloom (DEB):
* The organisation aims to reconstruct essential infrastructure, including streets, railways, and the establishment of new highways
* This body is government-owned
* Central tasks for the Deb include the reconstruction of infrastructure such as streets, railways, ports, and other industrial facilities, playing a pivotal role in revitalizing our nation in the post-civil war period
Section 3 - State Organization for Economic Aid (SOfEA):
* This organisation aims to assist the Private Sector of the nation
* Companies seeking to start or needing assistance in their progress can approach the government for affordable loans. However, these loans will not be granted indiscriminately. The SOA is staffed with experienced economists who will analyze whether the company has a viable chance in the market, the ability to repay the loan, and if it will contribute to the public and economic welfare. If the criteria are fullified, loans will be provided
Section 4 - Direct economic projects:
* 4.1: Highway Projects (image attached)
* 4.2: The Foreign Bill:
** The Foreign Ministry shall be giving out working visas ranging from 6 weeks to 4 years for foreign members to work in the Republic
Category:Legislation of The Cool Server Republic