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Economic Commission representative: Do not delay behind the deletion of zeros stability
5/10/15
Parliamentary Economic Commission, announced that the instability of economic policy in the country, the main factors behind the wait is implementing a project to delete the zeros of the currency, saying that the central bank alone can not accomplish this important project without the support of the government. Said committee member Nora Albjara, "The government has completed all the mechanisms relating to the draft deletion of zeros from the currency since the year 2013 and was able to complete the project within the required specifications," noting that "no project application came for political and economic reasons." Confirmed Albjara that "the most appropriate time that it was possible to implement the project to delete the zeros of the currency is the year 2012 because of the unstable political and economic climate and because of the high oil prices, as well as financial abundance at the time that allowed the state to start deleting zeros currency". She was a member of the Economic Commission for regret "for not cabinet vote on the project at the time, which caused the loss of an opportunity to achieve financial stability and to avoid the effects of high oil prices."
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5/10/15
Parliamentary Economic Commission, announced that the instability of economic policy in the country, the main factors behind the wait is implementing a project to delete the zeros of the currency, saying that the central bank alone can not accomplish this important project without the support of the government. Said committee member Nora Albjara, "The government has completed all the mechanisms relating to the draft deletion of zeros from the currency since the year 2013 and was able to complete the project within the required specifications," noting that "no project application came for political and economic reasons." Confirmed Albjara that "the most appropriate time that it was possible to implement the project to delete the zeros of the currency is the year 2012 because of the unstable political and economic climate and because of the high oil prices, as well as financial abundance at the time that allowed the state to start deleting zeros currency". She was a member of the Economic Commission for regret "for not cabinet vote on the project at the time, which caused the loss of an opportunity to achieve financial stability and to avoid the effects of high oil prices."
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