Economic Committee: The current economic situation does not allow the replacement of the currency
Member of the Economic Committee: The current economic situation does not allow the replacement of the currency
On: Sun 08/07/2012 9:33
Baghdad (news) .. A member of the Committee of Economy and Investment MP / National Alliance / Abdul-Hussein Resan Husseini, the economic situation is appropriate to the issue of deletion of zeros from the currency and replace it now.
Husseini said in a statement received by the Agency (news) a copy of it on Sunday: The process of deletion of zeros from the currency is a change of form and value, noting that such a thing requires legislation law as enshrined in the Constitution. He added that the economic situation of the country is not suitable for such a change at the present time, not to mention the lack of real reforms to the banking sector. / Finished / d. Q /