Abadi adviser: deletion of zeros from the currency undesirable currently support big currency issue
Abadi adviser: deletion of zeros from the currency undesirable currently support big currency issue
05/18/2015 10:56
Tomorrow Press / Baghdad confirmed an economic advisor to the prime minister appearance of Mohammed Saleh, Monday, that the deletion of zeros from the currency is desirable, noting that large currency issuing the current time is normal and helps to raise the efficiency of the payments system and shorten the traded quantity. Saleh said for “tomorrow Press” , “The advent of the central bank to issue a large coin natural step unrelated to the economic conditions experienced by the country,” pointing out that “the project to delete the zeros at the present time is undesirable and does not support him because this step you need to security and economic stability.” He added “The issuance of large currency helps to raise the efficiency of the payments system in Iraq, and the big currencies facilitate the handling process and shorten the amount traded, but it is not a substitute for the project to delete the zeros, which is a strategic project and important”, adding that “the deletion of zeros helps feminine accounts and currency “.
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