Anbuge likely application of the deletion of zeros early (2015)

Anbuge likely application of the deletion of zeros early (2015)

05/09/2012 1:14 am

BAGHDAD – morning
likely economic advisor to the Prime Minister Hussain Al-Anbuge, implementing the project to delete three zeros from the national currency in early (2015) because it is an important project and needs for a period of time sufficient and security conditions suitable for its application.
said Anbuge: The Council of Ministers decision to wait in the project to delete zeros to notice Last clear and explicit, but the central bank for reasons unknown to everyone Egypt to implement the project early next year is not afraid of its negative consequences may occur when the application project in (2013).
said in an interview: that the central bank asked the Council of Ministers ending wait project and light The Economic Council of Ministers meeting has a discussion of the draft delete zeros extensively was reached that the project large and needs to be careful and adequate time and appropriate conditions to be applied in addition to that he also needs political stability, security and administrative. and pointed out: that circumstance is appropriate now to implement so project affects the citizen and the national economy directly setting calls to amendments and legislation Legal and perhaps to the law itself Wolfson law requires a long time so it was not able to government and central bank implemented in (2013) and in (2014) and may be implemented early this year (2015).
The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and the currency exchange, which warned officials and economists because there mafias currency is preparing to rig the trillions of Iraqi dinars to replace them in the light of the planned changes. has demanded the prime minister’s central bank to wait Project deleting three zeros from the local currency, saying he was a big project and needs to be enough time to apply. accused the Central Bank of Iraq government agencies of obstructing monetary reform and vowed persecuting because it was the country’s financial interests at risk.
Source: alsabaah