Sunday, January 6, 2013

Economist: the need to implement the project to delete the three zeroes in the current year to support the national currency


 
 
 


06/01/2013













Baghdad (news) .. Economic expert called peace Quraishi, the need to apply the project to delete the three zeroes from the currency because it hurt to serve the citizen and the national currency by reducing the monetary blocs with large groups in the local market.
Quraishi said (of the Agency news): The implementation of the project for restructuring the Iraqi currency after deleting the three zeroes which is necessary for it would serve the citizen and the national economy, considering that groups large will turn into a thousand small unit, which will facilitate transactions in the market and accounts for government departments.

He added: the government must support the national project because it will contribute to strengthening the power of the Iraqi dinar and the national economy, stressing the importance of expediting its implementation during the current year.

This central bank is preparing for the implementation of the project to delete the three zeroes from the national currency after the completion of all procedures related to the project, but so far no date has been set for its application due to calls from some officials to postpone it.

The Council called for the prime minister the central bank to wait to draft deleted three zeros from the local currency, saying he was a big project and it needs enough time to apply. / End / 8. N. P /

Link