Vice: The Central Bank can not delete the zeros

Vice: The Central Bank can not delete the zeros

05/04/2015 09:45 GMT

Vice - The Central Bank can not delete the zerosFollow-up – and babysit – stressed member of the economic and investment commission in Parliament, the Charter of Hamidi, said the central bank can not delete the zeros, because of the unstable economic situation, as pointed out that the bank regarding the treatment of these things will be printed new financial category worth fifty thousand dinars.
Said Hamdi in a statement issued by, seen by news agency public opinion (and babysit), said on Monday that “the economic and investment commission parliamentary hosted last Sunday, the CBI Director, on the Keywords, and they discussed issues concerning the provision of liquidity and increase demand for the dollar as well as disparity in the exchange rate. ”

She said that Hamdi “Keywords stressed that the process of handling these things, where they will be printed new financial category worth fifty thousand dinars,” indicating that “the Bank for printing percent category thousand dinars to a later time.”

She Hamidi that “the central bank can not delete the zeros, because of the current situation and the unstable Iraqi economy”, calling on the central bank to “increase revenue that will provide cash and liquidity and difficult process which eases the burden on the citizen.”

He said the governor of the bank on the Keywords, in 3 of last March, said the project to delete the zeros existing project, has been put into practice and we gave the green light to start with, “adding that” the project needs a period of time may extend to two years or more. ”

It is noteworthy that some economists believe that Iraq is not formatted for the time being to delete the zeros of the Iraqi dinar, pointing out that the deletion needs to be a security and political stability as well as stability of the economy.

alrayy.com