09/09/2012
Baghdad (news) ..
Male member of the Finance Committee MP / National Alliance / Abdul
Hussein al-Yasiri, the central bank lingered cause the deletion of zeros
from the Iraqi currency, the large number of economists objections to
this project.
Yasiri said (of the Agency news) on Sunday: The deadline for the deletion of zeros from the Iraqi currency was agreed at the beginning (2013), but the central bank dropped and for the process to time is unknown because of the objections of some economists of a possible collapse in the national currency.
He added: stop media campaign regarding the removal of zeros to make the central bank to take the position of silence about the process, calling for the federal government and the Ministry of Finance and the Central Bank to take a final position of the process of deletion of zeros and determine given time to replace the currency to reduce fraud that has spread dramatically.
And confirmed: that the deletion of zeros from the currency will reduce the money supply and prevent Iraq from a country with a density and mass of large cash transactions to a mass market more credit and smaller. / End / 21. D. Q /
Yasiri said (of the Agency news) on Sunday: The deadline for the deletion of zeros from the Iraqi currency was agreed at the beginning (2013), but the central bank dropped and for the process to time is unknown because of the objections of some economists of a possible collapse in the national currency.
He added: stop media campaign regarding the removal of zeros to make the central bank to take the position of silence about the process, calling for the federal government and the Ministry of Finance and the Central Bank to take a final position of the process of deletion of zeros and determine given time to replace the currency to reduce fraud that has spread dramatically.
And confirmed: that the deletion of zeros from the currency will reduce the money supply and prevent Iraq from a country with a density and mass of large cash transactions to a mass market more credit and smaller. / End / 21. D. Q /