Home
Delete the three zeroes from the Iraqi work you will warp the Iraqi economy
18/01/2012 14:59:00
Font size:
The Iraqi news agency Independent / about hosted the financial position indicated the National Alliance MP Baqir Jabr Al-Zubaidi that he and when he was Minister of Finance that there is inflation, "significant" witnessed the Iraqi economy reached to 3 per ten, and remained that inflation stuck "in the structure of the economy by 8 per ten which is the then supposed to stand for long "and appointed by the major economic problem. The same problem and suspended the Iraqi economy dragged him to the random occurrence of this inflation, the Central Bank of Iraq proposed the abolition of three zeros from the Iraqi dinar comes to put the Iraqi dinar in the right place by the Bank of Iraq.
However, the economists looked at the accountability on the part of another without that hide their warnings that deletion of three zeros need to stabilize the security, political and economic order which is verified now. "
In addition to the cancellation of three zeros, the process of switching the currency reform would Currency management system and facilitate its use as the deletion process which seems That the Central Bank of Iraq from Egypt would shorten the number of banknotes of four billion and paper, which is equal to 30 trillion dinars exist in the Iraqi market to one billion and 800 million paper ...
Economists stressed that the view of the Iraqi Central Bank of the currency exchange will not affect the per capita income or wealth, or its contractual obligations.
Out of that many talk about the deletion of zeros from the currency was the cause of "direct" the lack of stability of the market as the main reason for the fluctuation of prices of goods and foodstuffs in local markets due to the frequent talk about the project to delete the three zeroes from the currency mm led to a situation of chaos in the merchant Iraq and the Iraqi economy and because since the U.S. occupation of Iraq lived in the instability was not subject to the characterization of specific descriptions of the world market has been living confusion "economically" the absence of studies with economic strategy That would assess the situation of the market for Iraq after the exacerbation of inter alia, the following import policy Random and the country's transition from one product to the consumer.
In this regard, said a member of the Finance Committee in Parliament Najiba Najib that the project to delete the zeros from the currency does not lead to the strengthening of the Iraqi dinar The foreign currency, saying it is only a matter of formality to re-structure of the currency ... but it will make it easier for banks, banks, merchants and owners of large sums of money transfer money from one place to another is the opposite of what it is now the currency that they are replacing the current foreign currency ...
So, the aim of the project to delete the zeros of the Iraqi currency is to re-structure of the currency and make it more heavily traded "by investors and Iraqi banks and stay away from trading in foreign currency that the process of deletion of zeros is the process not just a transfer of numbers or delete them as much as a project affecting and affected other words, they need to what the future work away "from the financial fallout that would accompany the project and its aim.
It is imperative Studied in detail the pitfalls and the shield is to stand on the negative and positive aspects and the need to raise awareness of the citizen through the media about how to use an alternative currency.
After the conduct of the Iraqi economy in the way of sputtering due to the absence of practical solutions, the government is also expressed willingness to really delete the zeros in the currency as a step towards improving the purchasing power of the Iraqi dinar, which reduced the importance of economic experts, considering that the cost of raising the zeros will be greater than the benefit expected from the lifting of the zeroes ...
It remains the view that says that Iraq is a country rich in natural resources and has a great day, but we need to regulate the administrative, economic, and better in addition to a strong proclamation overrides and economic agenda Valid than What exists today On the political agenda and factional and party quotas as well as the cooperation of all for the advancement of the country and raise the standard of living of citizens.
[You must be registered and logged in to see this link.]
18/01/2012 14:59:00
Font size:
The Iraqi news agency Independent / about hosted the financial position indicated the National Alliance MP Baqir Jabr Al-Zubaidi that he and when he was Minister of Finance that there is inflation, "significant" witnessed the Iraqi economy reached to 3 per ten, and remained that inflation stuck "in the structure of the economy by 8 per ten which is the then supposed to stand for long "and appointed by the major economic problem. The same problem and suspended the Iraqi economy dragged him to the random occurrence of this inflation, the Central Bank of Iraq proposed the abolition of three zeros from the Iraqi dinar comes to put the Iraqi dinar in the right place by the Bank of Iraq.
However, the economists looked at the accountability on the part of another without that hide their warnings that deletion of three zeros need to stabilize the security, political and economic order which is verified now. "
In addition to the cancellation of three zeros, the process of switching the currency reform would Currency management system and facilitate its use as the deletion process which seems That the Central Bank of Iraq from Egypt would shorten the number of banknotes of four billion and paper, which is equal to 30 trillion dinars exist in the Iraqi market to one billion and 800 million paper ...
Economists stressed that the view of the Iraqi Central Bank of the currency exchange will not affect the per capita income or wealth, or its contractual obligations.
Out of that many talk about the deletion of zeros from the currency was the cause of "direct" the lack of stability of the market as the main reason for the fluctuation of prices of goods and foodstuffs in local markets due to the frequent talk about the project to delete the three zeroes from the currency mm led to a situation of chaos in the merchant Iraq and the Iraqi economy and because since the U.S. occupation of Iraq lived in the instability was not subject to the characterization of specific descriptions of the world market has been living confusion "economically" the absence of studies with economic strategy That would assess the situation of the market for Iraq after the exacerbation of inter alia, the following import policy Random and the country's transition from one product to the consumer.
In this regard, said a member of the Finance Committee in Parliament Najiba Najib that the project to delete the zeros from the currency does not lead to the strengthening of the Iraqi dinar The foreign currency, saying it is only a matter of formality to re-structure of the currency ... but it will make it easier for banks, banks, merchants and owners of large sums of money transfer money from one place to another is the opposite of what it is now the currency that they are replacing the current foreign currency ...
So, the aim of the project to delete the zeros of the Iraqi currency is to re-structure of the currency and make it more heavily traded "by investors and Iraqi banks and stay away from trading in foreign currency that the process of deletion of zeros is the process not just a transfer of numbers or delete them as much as a project affecting and affected other words, they need to what the future work away "from the financial fallout that would accompany the project and its aim.
It is imperative Studied in detail the pitfalls and the shield is to stand on the negative and positive aspects and the need to raise awareness of the citizen through the media about how to use an alternative currency.
After the conduct of the Iraqi economy in the way of sputtering due to the absence of practical solutions, the government is also expressed willingness to really delete the zeros in the currency as a step towards improving the purchasing power of the Iraqi dinar, which reduced the importance of economic experts, considering that the cost of raising the zeros will be greater than the benefit expected from the lifting of the zeroes ...
It remains the view that says that Iraq is a country rich in natural resources and has a great day, but we need to regulate the administrative, economic, and better in addition to a strong proclamation overrides and economic agenda Valid than What exists today On the political agenda and factional and party quotas as well as the cooperation of all for the advancement of the country and raise the standard of living of citizens.
[You must be registered and logged in to see this link.]
