Community money manufacturing law

A Holirud The committee has supported the principles of community money construction law.

The Community Wealth Building (Scotland) Bill The councils and other public bodies will perform a duties to create plans that will “facilitate and support generations of money in the local economy”, which may include the purchase of more goods at the local level.

Scottish government It will also be necessary to produce a statement in Parliament This money on tasks will take to reduce inequalities and increase wealth in local areas.

A report by the economy and the Fair Work Committee supported the general principles of the bill, in which convenor Daniel Johnson said: “Our committee recognizes the transformative ability to build community money when supported by local authorities and other public bodies.

“Bill is an important step towards empowering communities and promoting inclusive economic growth Scotland,

The committee warned that the bill could be flat without further reforms, witnesses told the MSP that change should be made in compulsory sales orders and procurement practices.

“But a responsibility for the work done by the law, cannot be on its own, runs the implementation,” Mr. Johnson said.

“There will be help to support quality guidance and a clear policy statement from Scottish ministers to support action plans.

“The committee agrees that these changes are important and asks the Scottish government to underline how a comprehensive policy scenario will be adapted to support the success of the bill.”

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