BAGHDAD / JD / .. the parliamentary finance committee demanded, - TopicsExpress



          

BAGHDAD / JD / .. the parliamentary finance committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early 2015, because of its great importance to support the national currency. A member of the Committee MP Jamal Joakar / JD /:told “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 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 , “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 , 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.
Posted on: Tue, 27 Jan 2015 10:26:27 +0000

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