Deputy Central Bank Governor proposes the formation of a joint committee to schedule..delete the zeros
Deputy Central Bank Governor proposes the formation of a joint committee to schedule the implementation of the project to delete the zeros
On: Sun 07/01/2012 8:14
Baghdad (news) .. I suggest the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh form a joint committee by the central and the House of Representatives, ministers and economic experts to study the project to delete the three zeroes from the currency and the time limit for its application.
Saleh said (of the Agency news): The central bank completed all the procedures relating to the draft re-structuring of currency local after deletion of zeros of the three of them, put certain models of the form of currency is civilizations Iraq’s ancient and religious shrines and features of archaeological and infrastructure such as dams and bridges have been submitted to the executive and the legislature for approval. He said: It does not require legislation law but needs to be a regulation issued by the Council of Ministers and published in the Official Gazette (the facts) because the Central Bank Law No. (94) for the year 2004 specifically in Article (37) gave the authority of the central issuing a new currency and its design and organize Blaúhh law called the “system” is different from the law. He added that the project now deferred by the federal government and is not known at the time the end of the patient, noting that he needs to form a joint committee by the Central Bank and some members of the House of Representatives Committees on Economic, Finance and the Council of Ministers as well as experts and specialists to find out the most important developments pertaining to the project, and continued: the light specify the time period to apply for an important project that serves the national economy must be implemented. this in Iraq is seeking a new step to delete the zeros from the currency and change shape. / Finished / 8. n. r /