Central Bank lingered process of deletion of zeros to stop the objections of economists on the project

Parliamentary Finance: Central Bank lingered process of deletion of zeros to stop the objections of economists on the project

Date: 09/09/2012 11:36:58 Sunday

Baghdad (news) .. Female member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, the central bank lingered cause the deletion of zeros from the Iraqi currency, the large number of objections economists on this project.
Yasiri said (of the Agency news) on Sunday: The deadline for the deletion of zeros from the Iraqi currency was agreed at the beginning (2013), but the central bank dropped and for the process to time is unknown because of the objections of some economists of a possible collapse in the national currency. added: stop media campaign regarding the removal of zeros to make the central bank to take the position of silence about the process, calling The Federal Government and the Ministry of Finance and the Central Bank to take a final position of the process of deletion of zeros and determine given time to replace the currency to reduce fraud that has spread dramatically. confirmed: that the deletion of zeros from the currency will reduce the money supply and prevent Iraq from a country with a density and mass of large cash transactions in the market to block more and smaller credit. / end / 21. d. Q /
Source: ikhnews