Economist: talk about the deletion of zeros in the former Iraqi currency early (Dif-Source)
17/05/2015 09:32
Vice President of the Center for Economic Media haven secretary, the restructuring of the Iraqi currency and delete process three zeroes of them as necessary, stressing that, the implementation of it is premature for the lack of economic, financial and security conditions that ensure a positive impact on the national economy. "The restructuring of the Iraqi currency project is very important and the process of deleting the zeros of them, are necessary to stop rising inflation in the Iraqi currency figures which made traders and Contractors averse all traded on the internal and external transactions and replace it with cash in foreign currencies, especially the dollar, "adding that" this is reflected negatively on the currency and its strength and popularity value and the speed of circulation as well to the confidence of the citizen it. " He added that "the project to delete the zeros put up eight years ago, but the mechanics of his study and apply it passed through many obstacles delayed its implementation, including the agreement on the new currency form and the availability of financial amounts for printing and guarantees of safety for not rigged." The Secretary "the importance of the economic, financial and political conditions are met prior to the implementation of the project to ensure its success and benefit from in terms of cash transactions internally and externally and put competitive strength coin. " He explained that "part of the conditions is the security and the political stability that followed economic stability with the diversification of sources of national income and the development of the productive sectors and to ensure sustainability and support the national currency exchange rate against the dollar ", adding that" these things are all currently Ataatovr, and that talk in this issue is premature. " He continued that "the Iraqi currency's strength is currently affected by the oil quantities exported and the price per barrel is stable in addition to opening up the doors of depleted spending budget through fighting the terrorist Daash buy weapons and equipment gangs and relief to the displaced with reconstruction campaigns, and other expenditure sections that negatively affect the value of the Iraqi dinar against the dollar, "noting that" provide a stable economic environment in the country is very important to ensure the success of the restructuring process of its currency and the deletion of zeros the ones with positive repercussions on the national economy in general. "
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17/05/2015 09:32
Vice President of the Center for Economic Media haven secretary, the restructuring of the Iraqi currency and delete process three zeroes of them as necessary, stressing that, the implementation of it is premature for the lack of economic, financial and security conditions that ensure a positive impact on the national economy. "The restructuring of the Iraqi currency project is very important and the process of deleting the zeros of them, are necessary to stop rising inflation in the Iraqi currency figures which made traders and Contractors averse all traded on the internal and external transactions and replace it with cash in foreign currencies, especially the dollar, "adding that" this is reflected negatively on the currency and its strength and popularity value and the speed of circulation as well to the confidence of the citizen it. " He added that "the project to delete the zeros put up eight years ago, but the mechanics of his study and apply it passed through many obstacles delayed its implementation, including the agreement on the new currency form and the availability of financial amounts for printing and guarantees of safety for not rigged." The Secretary "the importance of the economic, financial and political conditions are met prior to the implementation of the project to ensure its success and benefit from in terms of cash transactions internally and externally and put competitive strength coin. " He explained that "part of the conditions is the security and the political stability that followed economic stability with the diversification of sources of national income and the development of the productive sectors and to ensure sustainability and support the national currency exchange rate against the dollar ", adding that" these things are all currently Ataatovr, and that talk in this issue is premature. " He continued that "the Iraqi currency's strength is currently affected by the oil quantities exported and the price per barrel is stable in addition to opening up the doors of depleted spending budget through fighting the terrorist Daash buy weapons and equipment gangs and relief to the displaced with reconstruction campaigns, and other expenditure sections that negatively affect the value of the Iraqi dinar against the dollar, "noting that" provide a stable economic environment in the country is very important to ensure the success of the restructuring process of its currency and the deletion of zeros the ones with positive repercussions on the national economy in general. "
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