Sunday, August 19, 2012

Central Bank the project to delete the zeros will pass after end of political crisis

08/19/2012

Central Bank: the project to delete the zeros will pass after the end of the political crisis

BAGHDAD / JD / .. Central Bank announced that the project will pass to delete the zeros inside the House of Representatives and the Ministers after the end of what he called the "political storm".
The deputy governor of Bank of the appearance of Mohammed Saleh told the reporter, and agency / JD / the project to delete the zeros will pass in both houses of parliament and ministers in a short period after the end of the "political storm", adding that all parties agreed on the importance and relevance for the economy of Iraq.

Saleh added that "a national project such as deleting the zeroes of interest to many officials and advisers will not be neglected, noting that the next phase will see the final approval.
Saleh continued that "the bulk of what prevents the approval of the project is the existence of the fears of some politicians from the timing of the project, as some people believed to affect the project on the general situation of the economy of Iraq negatively, and this is not true, but the Bank believes that it is necessary to respect the wills of political and wait for a period of relative calm will be which put the project more convenient.
The Central Bank of Iraq as much as the cost of speculative project to delete the zeros from the currency up to 172 billion dinars ..
The study by a private project has received the deletion of zeros / JD / copy: The total cost of the speculative project to delete the zeros up to a hundred and seventy-two billion dinars "..
The bank said in his study that the wages of transport and insurance of the role of copyright to the Baghdad International Airport up to (140), calculated on the basis of the ratio between the highest and lowest price (90-189) billion dinars from the presentations made by companies .. He added that "the cost of speculative Stamping coins of the new currency of (16) billion dinars," ..
He said the bank "The wages of cargo, Fridays and official holidays, overtime, etc. .. of (15) billion dinars" .. He pointed out that the cost of the media campaign and the costs of different limits (1) billion dinars .. He recalled the bank's cost of the replacement process for the period from 15/10/2003 until 15/04/2004 was printed in which wages and the transfer of currency to (240) dinars, and wages of minting coins up to (16) billion dinars, and a ring of total costs allocated to the banks amounted to (13) billion dinars. / Finished / 20 /