07 Feb 2012
Baghdad (news) .. warned economic analyst Abdul Latif Salem Ugaili emergence of the phenomenon of fraud and money laundering coinciding with the implementation of the project to delete three zeros from the Iraqi currency.
Ugaili said (of the Agency news) on Tuesday: A lot of people in conflict with the law now waiting for the implementation of the project to delete three zeros from the Iraqi currency in order to carry out rigging for the new Iraqi currency and money laundering operations.
And Ocharaly: the high price of the Iraqi dinar depends on the strength of the economy and diversity of diversity through the annual state revenues and activate all sectors of the economy rather than a unilateral Rieia economy dependent on oil the first place.
He added that the project to delete the three zeroes from the Iraqi currency does not lead to high Asardinar of Iraq and the national economy, but it just reduces the money supply in the market, noting that proper procedure by the central bank to facilitate the trading process and the provision of currencies with a few categories.
He explained: that the project would cost the state large sums of money and expensive through the process of printing currency and instruct citizens on how to use and handle than it is to project a positive or negative impact on the Iraqi economy.
He advised Ugaili: monetary policy to work to raise the price of the Iraqi dinar exchangers through the restructuring of economic sectors and the diversity of its infrastructure in order to strengthen the national economy and then the currency.
The CBI had earlier announced that the draft deleted three zeros from the currency exists in spite of the criticism directed at him by the officials and the two economies, and will be implemented after two years from now. / Finished / 8. D. Q /
Link
Ugaili said (of the Agency news) on Tuesday: A lot of people in conflict with the law now waiting for the implementation of the project to delete three zeros from the Iraqi currency in order to carry out rigging for the new Iraqi currency and money laundering operations.
And Ocharaly: the high price of the Iraqi dinar depends on the strength of the economy and diversity of diversity through the annual state revenues and activate all sectors of the economy rather than a unilateral Rieia economy dependent on oil the first place.
He added that the project to delete the three zeroes from the Iraqi currency does not lead to high Asardinar of Iraq and the national economy, but it just reduces the money supply in the market, noting that proper procedure by the central bank to facilitate the trading process and the provision of currencies with a few categories.
He explained: that the project would cost the state large sums of money and expensive through the process of printing currency and instruct citizens on how to use and handle than it is to project a positive or negative impact on the Iraqi economy.
He advised Ugaili: monetary policy to work to raise the price of the Iraqi dinar exchangers through the restructuring of economic sectors and the diversity of its infrastructure in order to strengthen the national economy and then the currency.
The CBI had earlier announced that the draft deleted three zeros from the currency exists in spite of the criticism directed at him by the officials and the two economies, and will be implemented after two years from now. / Finished / 8. D. Q /
Link
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