Finance Committee: raise zeros from the currency early next year .. The theme will draw inside the ziggurat

Finance Committee: raise zeros from the currency early next year .. The theme will draw inside the ziggurat

6.15.2012 | (Voice of Iraq)

Baghdad (news) explained a member of the Finance Committee MP for the National Alliance Najiba Najib Ibrahim, to postpone the decision to delete the zeros of the process, due to the changing shape draw the logo represents the civilization of Mesopotamia (ziggurat), which was the agreement of the relevant committees in Parliament and the Central Bank (Financial and Economic Committee) and its implementation in the year (2013) as a result of escalating cash crisis. said Najib (of the Agency news): The development of the theme ziggurat is one of the historic symbols of the Iraqi government and there is no opposition to its position in the currency after you delete the zeros and after the stability of the currency crisis. She added that the currency exchange Iraq was an agreement between the relevant committees (Financial and Economic Committee) and the Central Bank, to replace the currency after deletion of zeros in the beginning of the year (2013) as a result of the escalation of crises, monetary and non-stability of the exchange rate of the Iraqi dinar against the U.S. dollar, noting that the parliamentary committees and the central bank are making a maximum effort to overcome the difficulties for the stability of the exchange rate of the dinar against the dollar. explained: that the decision to replace the currency after deletion of zeros if not by the central bank, but it also came as meetings and discussions extensive with the respective committees and the federal government that changing the currency must be supported by the legislative branch and the executive, stressing the difficulty of changing currency without legislative support. Najib pointed to: that things technical and professional prerogatives of the central bank, and will fall on the Finance Committee, legislative and legal issues.

Source: sotaliraq