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WP

Authors: Canada, France

1) The present inflationary trends in the economy to be controlled by the following


measures:
a) Monetary policy measures:
I) Regulation of credit in accordance with the economic requirements of the
economy. The economic requirement during inflation is a drastic quantitative
control of credit. In the past most popular weapons of credit control have been the
discount rate policy and open market operations and the same shall be applied
here as well in immediate effect,
II) Open market operation is another instrument of credit control which can check
inflation. The central bank can contract credit by selling securities in the open
market. If the magnitude of the open market operations is large it may 17 be able
to withdraw a large amount of cash into its reserves;
b) Non- monetary policy measures
I) Reduction in Expenditure -The Government can devise a suitable fiscal policy
to counteract inflation. The first thing it should do is to reduce its own
expenditure to offset increase in private spending. The size of Government
expenditure has some relationship with economic activity. Government
expenditure should be deliberately reduced to withhold fresh supplies of
money going into circulation. But government expenditure is not very
amenable to elastic changes required by inflation. There is a limit set by
expenditure on defence, foreign affairs, internal administration etc. below
which it cannot be reduced. Reduction in government expenditure becomes
much more difficult when the country is confronted with contingencies and
when it has to strengthen its defence in order to meet the situation created by
the present international discord. In spite of these obstacles government
expenditure is capable of being contracted and as such may be relied upon to
be used as an instrument for counteracting unregulated private expenditure.
II) Taxation -The second fiscal measure which can help in controlling inflation is
the adoption of taxes which reduce the incomes of those who have made huge
profits. The tax structure of the country should be comprehensively adjusted
to rising prices with a view to reduce spendable money. The introduction of
high rate of taxes will increase the revenue of the state which can be
productively utilized especially when the symptoms of depression have been
identified. Great stress is being laid on surplus budgeting as a method of
controlling inflation; surplus budgeting is bound to have salutary effects on
prices because a part of the effective supply of money will be sterilized and
will be rendered ineffective. But an overall increase in all taxes may not be
advisable. For example, if tariff duties are raised along with other taxes then a
country which has a significant volume of imports will suffer a great deal and
the benefits of intensified taxes may be neutralized by the high prices of
imports. The desirable policy would therefore be the liberalization of tariff
duties in order to increase the supplies of goods which may alleviate the
general shortage of goods. Tariffs, as such, constitute an important exception
to a policy of higher taxes for curing inflation.
III) Increase in savings can combat inflation because it will lead to a fall in
consumption and investment. The peak of inflation is characterized by a
phenomenal rise in investment and represents a basic discrepancy between
saving and investment. Inflation can be checked if measures are adopted to
decrease investment and to increase savings. So that an equilibrium is
established between them at the point of full employment. There are two ways
of increasing saving: The first is to create conditions which can attract
voluntary savings. This can be achieved when a vigorous propaganda is
conducted in favour of saving, and various institutions are created which
provide facilities for savings to the public.
IV) An overvalued currency offsets inflationary pressures on the economy to some
extent. In the first place its effect is to restrict the size of exports because their
prices in the foreign markets have risen which cause a shrinkage in demand
for them. More goods are at the disposal of the country. In the second place its
effect is to increase the volume of imports because their prices fall and the
demand for them increases; this provides a safeguard against the paucity of
goods. In the third place the effect of an overvalued currency is to reduce the
cost of production of those goods whose production depends on imported
stock in the form of raw material or capital goods which are purchased at
reduced rates. But overvaluation as an anti-inflationary policy cannot be
persistently followed because it has its other economic implications such as
the deflationary effects it produces which cannot be disregarded.
V) One of the most effective measures to check inflation is to expand production
in accordance with the increase in the supply of money. This will lower prices
and inflation will be eliminated. For the full utilization of resources a gradual
rise in the prices will be feasible to induce the society to increase the volume
of investment;

2) Anti-counterfeiting measures to annihilate the fake notes in the economy include


I) involved including fine detail with raised intaglio printing on bills which
would allow non-experts to easily spot forgeries,
II) On coins, milled or reeded (marked with parallel grooves) edges are used to
show that none of the valuable metal has been scraped off. This detects
the shaving or clipping (paring off) of the rim of the coin,
III) Utilization of anti counterfeiting technologies like:
 holograms, multi-colored bills, embedded devices such as strips, raised
printing, microprinting, watermarks and color shifting inks whose colors
changed depending on the angle of the light, and the use of design features
such as the "EURion constellation" which disables modern photocopiers;
3) Suspension of the countries of the Syria, Iran,Pakisthan,Russia as well as Saudi
Arabia for their malicious act against humanity for their own personel intentions in
order to promulgate theirv own malicious propaganda under article 5 of the Uncharter
;
4) Declaration of the above mentioned countriesa s an ineternational threat as a warning
that any furher steps by the same would result in war of these 5 nations with rest of
the countries in the world community as these countries have violated the right to life
and personel liberty of citizenson tha bais of the quotaations of a mere religious
texts ;
5) In order to further prevent acts of terorsism, the non-suspended members of the world
community have to adopt the following:
i) To take advantage of the framework provided by relevant international,
regional and sub-regional organizations to share best practices in counter-
terrorism capacity-building, and to facilitate their contributions to the
international community's efforts in this area.
ii) To consider establishing appropriate mechanisms to rationalize States'
reporting requirements in the field of counter-terrorism and eliminate
duplication of reporting requests, taking into account and respecting the
different mandates of the General Assembly, the Security Council and its
subsidiary bodies that deal with counter terrorism.
iii) To encourage measures, including regular informal meetings, to enhance, as
appropriate, more frequent exchanges of information on cooperation and
technical assistance among Member States, United Nations bodies dealing
with counter terrorism, relevant specialized agencies, relevant international,
regional and sub-regional organizations, and the donor community, to develop
States' capacities to implement relevant United Nations resolutions.
iv) To welcome the intention of the Secretary-General to institutionalize, within
existing resources, the United Nations Counter-Terrorism Implementation
Task Force within the Secretariat, in order to ensure overall co-ordination and
coherence in the United Nations system's counter-terrorism efforts.
v) To encourage the United Nations Counter-Terrorism Committee and its
Executive Directorate to continue to improve the coherence and efficiency of
technical assistance delivery in the field of counter-terrorism, in particular by
strengthening its dialogue with States and relevant international, regional and
sub-regional organizations and working closely, including by sharing
information, with all bilateral and multilateral technical assistance providers.
vi) To encourage the United Nations Office on Drugs and Crime, including
its Terrorism Prevention Branch, to enhance, in close consultation with
the United Nations Counter-Terrorism Committee and its Executive
Directorate, its provision of technical assistance to States, upon request, to
facilitate the implementation of the international conventions and protocols
related to the prevention and suppression of terrorism and relevant United
Nations resolutions.
vii) To encourage the International Monetary Fund, the World Bank, the United
Nations Office on Drugs and Crime and the International Criminal Police
Organization to enhance cooperation with States to help them to comply fully
with international norms and obligations to combat money-laundering and
financing of terrorism.
viii) To encourage the International Atomic Energy Agency and the Organization
for the Prohibition of Chemical Weapons to continue their efforts, within their
respective mandates, in helping States to build capacity to prevent terrorists
from accessing nuclear, chemical or radiological materials, to ensure security
at related facilities, and to respond effectively in the event of an attack using
such materials.
ix) To encourage the World Health Organization to step up its technical
assistance to help States improve their public health systems to prevent and
prepare for biological attacks by terrorists.
x) To continue to work within the United Nations system to support the reform
and modernization of border management systems, facilities and institutions,
at the national, regional and international level.
xi) To encourage the International Maritime Organization, the World Customs
Organization and the International Civil Aviation Organization to strengthen
their co-operation, work with States to identify any national shortfalls in areas
of transport security and provide assistance upon request to address them.
xii) To encourage the United Nations to work with Member States and relevant
international, regional and sub-regional organizations to identify and share
best practices to prevent terrorist attacks on particularly vulnerable targets.
We invite the International Criminal Police Organization to work with the
Secretary-General so that he can submit proposals to this effect. We also
recognize the importance of developing public-private partnerships in this
area.

6) The Canadian intelligence and the united states intelligence (CIA) shall launch an
under cover operation in order to track the activities of anand navi:
a) Operation to be funded by the Canadian and the Unite States Government on 3:7
basis,
b) Operation to infringe into Iranian territory ,since the incompetency of the mosad
has been proved to the world community no ties shall be made with them, they
officials shall carry out their under-cover operation,
c) The officials shall be furnished with the latest live tracking systems to be
functioning on the basis of the source print code on the identified counterfeit
currency,
d) They shall be armed with chemical weapons as the CWC does not apply for non-
state actors, light sabers,AK47 and other weapons of medium destruction in order
to effectively annihilate this threat from the globe,
e) Once found anand navi shall be taken captive brought back by the CIA
,interrogated under appropriate methods ,in order to identify his expanding
international thread
f) Further he shall be shot in the head ,body disposed in acidic medium and
annihilated accordingly following which the entire thread shall be found out and
eradicated
g) All those member nations willing to provide support for the same,techniclalty or
physically are free to do so;
7) Iran to be sewed in the International Court of Justice for defamatory statements
against the united states under article 19 of the international covenant on civil and
political rights after the derogatory statements passed before the declaration of the
country of Syria,
8) Recommending the constitution of the African oil union in order to reduce
dependency on the Islamic nations for oil,oil output being equiable as far as stats
published by the African union are concerened ,sustainable output being received at
lesser output price same refine qualitya s the OPEC,thereby resolving the problem of
a monopoly trade embargo,the mandate and powers of which shall be revealed to
committee via the Q&A session due to threats on an intra-committee scale.
9) Condemns the actions of the Islamic countries which have been accused
of funding the Mithlay aljins;
10) Recommends the FATF (Financial action task force) to blacklist the
above-mentioned countries;

11) Recommends member nations to employ Supply-side policies:


a) These aim to increase long-term competitiveness,
b) privatisation and deregulation may help reduce costs of business,
leading to lower inflation;
12) Recommends member nations to establish counterfeit detection
machines;
There are a variety of machines that can be used for this purpose including
UV lights, counterfeit detecting pens, magnetic ink detectors, infra-red
viewers, and machine-readable character devices which are the most
sophisticated counterfeit detection tools;
13) Recommends countries to employ a tight fiscal policy:
a)  government can increase taxes (such as income tax and VAT) and cut
spending. This improves the government’s budget situation and helps to
reduce demand in the economy;
14) Recommends the member nations’ government and the central bank to
keep control of aggregate demand to a level consistent with our
productive capacity;
15) Recommends measures to adopt anti-inflationary budgetary policy:
a) For this purpose, the government should give up deficit financing and
instead have surplus budgets, collecting more in revenues and spending
less
16) Recommends the member nations to deploy the intelligence forces so
as to pin point the location of the minting of the fake notes so as to
prevent further inflation;
17) Suggests that regulations must not be discussed until the crisis
subsides:
This would create an opening for other non-state actors to manipulate the
blockchain and misplace millions of dollars;

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