Life Peerages Act 1958 figures, for example the former Secretary of State for India and earlier for Air, Viscount Stansgate. The last Prime Minister and the last non-royal to be created an Earl was paradoxically one of the 1958 Act's proponents, Harold Macmillan, on Margaret Thatcher's advice, in the 1980s. Since her time, only members of the Royal Family have been granted new hereditary peerages. In 1999, during the debate which secured the removal of the constitutional functions of most hereditary peers, the Minister for Constitutional Affairs, Geoff Hoon stated: After this agreed with a question from fellow Labour MP, Mark Fisher which stated:
Malaysian economic policy under Prime Minister Najib services in Malaysia. The approval of these licenses is a sharp break from Malaysia's history of domestically dominated and tightly regulated markets for financial services. Under Najib, the Malaysian central bank has increasingly allowed the ringgit to appreciate and has plans to allow settlement and borrowing denominated in ringgit to be conducted offshore. Najib says that exporters will not be hurt by these actions. Prime Minister Najib has started to implement comprehensive reform of government subsidies. On 16 July 2010 subsidies for petrol, diesel and LPG were cut as part of Malaysia's general programme of reducing and rationalising subsidies per