Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply
Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply as the rest of the corruption of previous years
31/05/2015 12:20
{Baghdad: Euphrates News} head of the parliamentary finance committee Magda Tamimi said on Sunday, “We fear that accompanies reduce the size of the money supply as the rest of the corruption of previous years process, claim the House of Representatives to” take all reserves and caution. ”
Said al-Tamimi told {Euphrates News} today that “the new currency printed came to reduce the money supply in the country the size, and will be one of a class {50-100} It is easy to carry for the Iraqi citizen.”
She noted that “change the currency will not affect the inflation, because The inflation rate in Iraq is very reasonable and not high, ranging from {2-3} “, pointing out that” we finance as a committee we are afraid of corruption that accompanied this process also I am afraid to be like currency printed in the past years where Achabha a lot of corruption, though the bank Central. ”
They noted that “the CBI said taking all reserves, but it needs to be cautious and warned more than the House of Representatives.”
The Central Bank of Iraq announced earlier near launch new banknotes of five thousand dinars and {25 category} A. to trading specifications and new security signs of high protection.
A statement of the Central Bank would be the continuation of the two papers Alnkaditin Almtdaolten now with two new categories without any intention of withdrawn, indicating that they are changes in banknote category {5000} dinars paper contains a string ensure clip displays {4} mm It bears the words {} CBI, in addition to modifying the dates Hijri and Gregorian dates to 1435 e {2013} and other security marks Alokhry.anthy m
alforatnews.com
