Iran intends to legislate a law to remove 4 zeros from the currency

Iran intends to legislate a law to remove 4 zeros from the currency

11/15/2020 15:11

Iran intends to legislate a law to remove 4 zeros from the currency[Continue-Where]
The Parliamentary Economic Committee in the Islamic Consultative Assembly is discussing, on Sunday, a bill to remove 4 zeros from the Iranian national currency.
Member of the Parliamentary Economic Committee, Mohsen Alizadeh, said in a statement: That a bill has already been approved to remove 4 zeros from the national currency by the Islamic Consultative Assembly, but the Guardian Council objected to the bill and it was returned to the Shura Council.

He added that the bill has been submitted to the Economic Committee for consideration, and it is finally scheduled to be considered at Sunday’s session of the Parliamentary Economic Committee.

It is noteworthy that a bill to remove 4 zeros from the Iranian national currency was approved by the Islamic Consultative Council on May 4, but the Guardian Council objected to it and it was returned to the Shura Council.

alliraqnews.com