Posts Tagged ‘Delete three zero’s’

Experts: Delete the zeros project needs to be catalysts for success

Experts: Delete the zeros project needs to be catalysts for success

31/12/2013 0:00

BAGHDAD – Farah pumice – Mustafa al-Hashemi
agreed the views of experts and specialists on the importance of the project to delete the zeros from the currency, despite the objections put up by some of the impact on the market at the moment.
described competent Jihad al-Khalidi delete the zeros step reform, but it will not come to fruition positive is partial unless accompanied by reforms radical other.
also stressed the importance of making changes in the banking system in order Read more…

About the issuance of a new Iraqi currency .. Soon

About the issuance of a new Iraqi currency .. Soon

Posted, 12/23/2013

BAGHDAD / Golden safe

CBI seeks to delete three zeros from the Iraqi currency since 2003. A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may dominate the Iraqi market due to the application of this project.

The delayed implementation of the project after Read more…

Deletion of zeros from Iraqi Dinar is Postponed

Deletion of zeros from Iraqi Dinar is Postponed

Posted, 23 Dec 2013

Parliamentary Finance Committee announced that “the reason for postponing of the zeroes deletion from IQD is due to difficulty of controlling the currency, pointing to the presence of nearly 35 trillion IQDs in circulation in market.

Committee Chairman Haider al-Abadi said that “the government has no confidence in Iraqi Central Bank’s ability of Read more…

Project raise zeros from the currency early in 2015

A member of the parliamentary economy is expected to work the project raise zeros from the currency early in 2015

Sunday, 22  December 2013 07:30

[Baghdad – where]

Expect a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi work project raise zeros from the local currency in early 2015.

It is said that the CBI has been teaching for more than two years, the issue of lifting the zeros from the Iraqi currency, but so far Read more…

Finance attributes the reason to postpone the deletion of zeros to the difficulty of controlling the currency

Parliamentary Finance attributes the reason to postpone the deletion of zeros to the difficulty of controlling the currency

21/12/2013 12:28

Baghdad – and babysit – attributed the parliamentary Finance Committee, the reason for the postponement of the deletion of zeros to the difficulty of controlling the currency and take individual decisions, and as pointed out the existence of nearly 35 trillion Iraqi dinars in circulation in the market, emphasized the importance of the project to delete the zeros for the Iraqi institutions and citizens.
Committee Chairman Haider al-Abadi in a press statement on Saturday, “The government does not have confidence about the ability of the central bank on the currency exchange at the moment without any problems,” noting that Read more…

Ruled out the implementation of the process of deleting the zeros during the current session

Parliamentary sources ruled out the implementation of the process of deleting the zeros during the current session

12.12.2013 0:00

Central bank: not yet time after
Baghdad morning
ruled Committees of Economy and Finance the parliamentary, the implementation of the project to delete the zeros from the currency, during the current legislative session, attributed the reason to the existence of objections by the Council of Ministers on the implementation of the resolution, as well as demanding the central bank to postpone the process of starting the project .
was the CBI said, last April, that there is Read more…

Migrate project to delete the zeros to the next government

Migrate project to delete the zeros to the next government

Confirmed the Parliamentary Finance Committee migrate the project to delete the zeros from the national currency Iraqi to next year any custody of the new government after the elections, and said that the implementation date will remain postponed until now.
said MP Abdul Hussein al-Yasiri for «future» yesterday that the process of deletion of zeros from the national currency is supposed to begin next year, with the agreement of the central bank. He noted that determine when to hold elections next year and the end of the age of the current state government will pay for Read more…

Postponement of the implementation of the lifting of the zeroes from the currency to the next parliamentary session

Najib announces postponement of the implementation of the lifting of the zeroes from the currency to the next parliamentary session

12/10/2013 10:49

Baghdad – and babysit – announced the parliamentary Finance Committee, the central bank to postpone the project raise zeros from the Iraqi dinar currency to the next parliamentary session.
Said committee member Rep. Najeebeh Najib, in a press statement on Tuesday, said that “the project to delete the zeros feet of the previous administration of the Central Bank at the time of any Bank Governor Sinan al-Shabibi the past.”

She added: “There were preparations and preparations by the administration about that restructuring of the Iraqi currency, including the deletion of zeros, and they Read more…

Central Bank of retreating from the deletion of zeros and the issuance of a new currency!!

Central Bank of retreating from the deletion of zeros and the issuance of a new currency and the last editions «$ 100» overwhelm the capital market in Iraq

The illustration for the paper “$ 100” issued by the United States in 2009
BAGHDAD – Mustafa Nasser

Stressed the central bank, yesterday, his inability to delete the zeros of the Iraqi currency, or add new banknotes, for fear of confusing the Iraqi market, as confirmed by a parliamentary committee that it “supports the decision of the bank, which was taken in consultation with the Council of Ministers,” to protect the stability of the Iraqi market.

This came in conjunction with the controversy in the stock market on Read more…

Economists: the need to issue coins for small groups to keep them from damage

Economists: the need to issue coins for small groups to keep them from damage

02-12-2013 10:36 AM

Baghdad (news) .. Report / Bushra Khalil / .. Suffering of the Iraqi street of the scarcity of the currency of a small category (250, 500 and 1000) Iraqi dinars, and found it undamaged and Mthtrh, and became citizens upset of used and especially the owners of taxis and commercial markets, but they accepted the deal out to preserve the continuation of their work in a streamlined way. attributed the Read more…

CBI calls for a revision of the laws of banking, will not lift zero’s

CBI calls for a revision of the laws of banking and anti-money laundering

Posted 25/11/2013 11:12 AM

BAGHDAD – “the world”
Called on the Central Bank of Iraq, on Sunday, to “revisit” the laws of the banks and the Central Bank and the fight against money laundering, and attributed the cause to “address the problematic lack of challenge of the activity of banks and the World Bank in the management of the economy”, and pointed out that the zeros “will not lift from the Iraqi currency now for not suitable circumstance. ” The central bank governor said Read more…

Senior Economist: Raising the zeroes corrective action to facilitate the transfer and account currency

Senior Economist: Raising the zeroes corrective action to facilitate the transfer and account currency

Sunday, 24 November /  2013 08:11

[Baghdad where ]

The expert described the economic, Akram Abdel-Aziz, a step central bank to raise zeros from the local currency, “the action to reform aspects of the calculation.”

It said in a statement told all of Iraq [where]: “The deletion of zeros is the restructuring of the financial sector and banking and reconsider the Read more…

Ruled out the project to delete the zeros of the national currency in April

Ruled out the project to delete the zeros of the national currency in April

Parliament exclude financial deletion of zeros currency next year

11/20/2013 12:00 AM

BAGHDAD – Shaima Rashid
ruled out of the Finance Committee that is applied to the project to delete the zeros of the national currency in April next, especially since the central bank did not announce its readiness to this topic yet.
This comes at a time revealed the economic sources of the existence lingered by the prime minister in this regard.
Member Finance Committee in the House of Representatives Najiba Najib, threw the ball in the court of the Central Bank, saying “that the central bank is Read more…

Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year

Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year

19-11-2013 05:05 AM

Baghdad (news) .. I exclude a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, an application project to delete the three zeroes from the national currency in 2014, indicating that the current administration of the central bank believes the time is not suitable for implementation of the project. Yasiri said (of the Agency news): that of its parliamentary When I asked the previous administration of the Central Bank Read more…

Raise zeros from the beginning of 2014 Iraqi dinar

Raise zeros from the beginning of 2014 Iraqi dinar

Posted, 11/18/2013

Palm – told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.

A member of the Committee Abdul Hussein al-Yasiri that “the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar.”

He explained that Read more…

Raise zeros from the Iraqi dinar currency strengthens and raises the value of dinar

Economic parliamentary: raise zeros from the Iraqi dinar currency strengthens and raises the value of dinar

11/17/2013 11:35

Tomorrow Press / Baghdad: Take a member of the Economic Commission parliamentary MP Hassan Salman, Sunday, that the process of lifting the zeros from the Iraqi dinar currency will strengthen the dinar and raise its value, stressing that the process will be completed during 2015. said Salman for “tomorrow Press,” that “there are countries fought a process raise zeros and achieved success on the economic side, “adding that” raise the value of the zeros from the Iraqi Read more…

Central negate the restructuring of the Iraqi dinar currency and deleting three zeros in 2014

Central negate the restructuring of the Iraqi dinar currency and deleting three zeros in 2014

19:36 17/11/2013

Baghdad – and babysit – denied the CBI, what some of the media, about the timing of the direct project restructuring of the Iraqi currency and deleting three zeros of them, stressing that such timing is Matrouh now that this project is in coordination with the government and related institutions.
A statement of the Central Bank, the news Read more…

CBI seeks to delete three zeros from the Iraqi currency since 2003

CBI seeks to delete three zeros from the Iraqi currency since 2003

10.6.13

A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may prevail Iraqi market due to implementation of this project. Read more…

Parliamentary economy expects to raise zeros from the Iraqi dinar in 2015

Parliamentary economy expects to raise zeros from the Iraqi dinar in 2015

10.6.13

Confirmed for the economy and investment committee that parliamentary raise zeros from the dinar improves its value, expected completion of this matter in 2015. Read more…

Finance committee member stressed passing law for deleting zeros

Finance committee member stressed passing law for deleting zeros

12 Sep 2013

A finance committee member of Iraq stated that a law for omitting zeros from Iraqi currencies should be passed in order to confront the issues like debt and money frozen.
Finance Committee deputy secretary, Mr. Hadi stated further that the law should be passed as soon as possible to overcome some serious financial issues within the country.
He remarked, “The project to delete the zeros is in frozen state now and Read more…