New parliamentary calls for the deletion of zeros from the local currency
February 10, 2015
New number of Representatives calls for the deletion of zeros from the Iraqi currency.
To this end, the Finance Committee member Ahmed Hama Rashid said the proposal to delete the zeros has existed for four years and there are several proposals to apply it, indicating that the time is not right at the present time for the application of the procedure, especially after the drop in oil prices, Hama added that the process of deleting the zeros need to be a great economic power, pointing out that the process of replacing the currency after deletion of zeros requires big money, and Iraq is unable at this time to do these procedures.
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February 10, 2015
New number of Representatives calls for the deletion of zeros from the Iraqi currency.
To this end, the Finance Committee member Ahmed Hama Rashid said the proposal to delete the zeros has existed for four years and there are several proposals to apply it, indicating that the time is not right at the present time for the application of the procedure, especially after the drop in oil prices, Hama added that the process of deleting the zeros need to be a great economic power, pointing out that the process of replacing the currency after deletion of zeros requires big money, and Iraq is unable at this time to do these procedures.
[You must be registered and logged in to see this link.]