Bank can not delete the zeros will be printed class 50 000 dinars
A member of the parliamentary Balaguetsadah: Bank can not delete the zeros will be printed class 50 000 dinars
Monday 4 May 2015 11:20
Alsumaria News / Baghdad
confirmed the economic and investment commission parliamentary member of the Charter of Hamdi, Monday, that the central bank can not delete the zeros because of the economic situation is stable, as pointed out that the bank regarding the treatment of these things will be printed new financial category worth fifty thousand dinars. He said Hamdi said in a statement it issued, today, and received Alsumaria News , a copy of the “Committee for the economy and investment parliamentary hosted on Sunday, the CBI director on the Keywords, and discussed for the provision of liquidity and increase demand for the dollar issues as well as the disparity in the exchange rate.”
She said Hamidi that “Keywords said he. Regarding the treatment of these things, where they will be printed new financial category worth fifty thousand dinars,” indicating that “the Bank for printing percent category thousand dinars to the later” She Hamidi that “the central bank can not delete the zeros because of the current situation and the unstable Iraqi economy “, calling on the central bank to” increase revenue that will be supplied cash and process the difficult liquidity and ease the burden on the citizen. ” said the governor of the bank on the Keywords in 3 of last March, said the project to delete the zeros existing project has been put into implementation and we gave the green light to start with, “adding that” the project needs a period of time may extend to two years or more. He accused the central bank, in (12 September 2011), government bodies obstructing the monetary reform and vowed persecuting, blaming those actors responsible for exposing the financial interests of the country at risk. What was seen as Prime Minister for Economic Affairs Abdullah Hussein Al-Anbuge adviser, in (25 August 2011), that the lifting of the zeroes from the currency’s biggest process of corruption in Iraq if it was during this period, and fall under the name of economic tampering, warning of the “mafias currency” is preparing to rig the trillions of Iraqi dinars to replace them in the light of the upcoming changes. It is noteworthy that some economists believe that Iraq is not formatted for the time being to delete the zeros of the Iraqi dinar, pointing out that the deletion needs to be a security and political stability as well as stability of the economy.