Central Bank reveals a reservation on the draft Iraqi Finance raise zeros
Twilight News / detect the Iraqi Central Bank, on Saturday, on the reservation and the Ministry of Finance of the implementation of the project to delete the zeros of the Iraqi currency, calling on the executive and legislative bodies and all concerned to cooperate with him to accomplish this.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh in an interview with ” Twilight News “” The Ministry of Finance expressed its opinion on the draft raise zeros from the Iraqi currency and had a reservation of this Order, “explaining that” the ministry conservative of the timing of the start of the project because all the accounts of the budget will be recorded in accordance with the new currency. ”
And the favor of that “implementation of the project must be cooperation between the central bank and power legislative, executive and all concerned in this matter,” pointing out that “the calculation will be Zleh will not face any difficulty with the deletion of zeros only require some technical measures such as changing computer hardware.”
Salih stressed that the currency in its present form does not serve the requirements of progress and development in the economic side, the fact that the three zeros in each of which represents a decade of conflicts, wars and economic decline in the country. ”
The Cabinet decided, in the middle of this month, be patient in the application of the deletion of zeros from the national currency.
The Central Bank of Iraq began to modify the search categories dinar, last year, and is still a large part of the payments being in cash due to the evolution of the banking system.