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Central Bank: the deletion of zeros from the currency-based and will be announced as soon as government approval
On: Tuesday 28/02/2012 19:27
BAGHDAD - The Citizen
Description of the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh Project deleted three zeros from the currency as being strategic for the country will reduce the mass of cash circulating in the local markets. Said Saleh (newsletter) that the central bank exceeded the advanced stages in the preparation of studies and logistical preparations for the mission project to delete three zeros from the currency and within a specific timeframe as a reform project of the Iraqi currency. He added that in case of obtaining the approval by the federal government on the implementation of the project work will be on the tactical level up and will be announced on its implementation and contract with advertising companies and the media to educate citizens on how to use the new currency and to answer all the questions posed by him. He stated that the ongoing meetings with the relevant committees in both houses of the Iraqi economy ministers, MPs, and we are now awaiting approval from them to get to the final stages of project implementation.
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