Kuehong Chairman dissolves National legislature, issues orders to dissolve remaining state legislatures across the country

BAKDEP – In one of his last moves as Chairman, Kuehongese Senior General Vu Yen Luc has issued an executive order to dissolve the national legislatures alongside remaining state legislatures in the country. This move is widely expected as Vu earlier expressed wishes to hold legislative elections before his departure. The exact nomination and polling dates will be decided and announced by the Election Commission of Kuehong. While there are no stipulations in the Kuehongese constitution as to when elections must be held, they are normally held within 90 days since the dissolution of the national legislature. Ahead of the … Continue reading Kuehong Chairman dissolves National legislature, issues orders to dissolve remaining state legislatures across the country

Barzona’s 25 centimo coin to be pulled out of circulation, along with high-value banknotes

Carante – The Central Bank of Barzona announced today that the 25 centimo coin will no longer be legal tender after 29 August 2021. In its press statement, the Bank said the production costs of one coin are more than its value, and it decided it is “no longer viable” to continue producing the coins. The brass coin, about 18mm, is only worth 0.01 Unified Standard Dollars as of May 2021. First entering circulation in 1975, its use declined with inflation. In January 2012, there were plans to phase out the centimos entirely by the end of 2025 and issue … Continue reading Barzona’s 25 centimo coin to be pulled out of circulation, along with high-value banknotes