Parliamentary committee calls for the central bank to implement deletion of zeros early next year
Parliamentary committee calls for the central bank to implement deletion of zeros early next year
28/10/2014
BAGHDAD / JD / .. the parliamentary finance committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early next year, because of its great importance to support the national currency.
A member of the Committee MP Jamal told Joker / JD /: he was “on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other.”
He noted: “The present time appropriate for the application of the project, especially since Iraq has returned to the regional and international environment after the new government’s policy to strengthen relations with all countries, where it will begin the Central Bank to implement the project in the form of stages,” calling on the central bank to “start implementing the initial stages beginning the year 2015 “.
He ruled out the Joker, “for economic problems in the event of implementation of the project during the next few days,” pointing out that “the project is one of the important strategic projects of the country being reduces the money supply and works to reduce the rate of inflation in the market.”
The central bank is preparing to issue a new edition of the coin category 50 000 dinars, while noting that the project to delete the zeros will be implemented over the next five years. / Finished / 8 /
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