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thank you player46 Central Bank calls for formation of a Joint Coordinating Committee to resolve the problem delete the zeros
2012-05-15
Baghdad/JD/...Called by the Central Bank of Iraq to form a Joint Coordinating Committee of the Parliament and the Government to resolve the issue of the draft Iraqi currency delete zeros. He said the Bank's Deputy Governor Mohammad Saleh appearance of agency/JD/draft delete zeros is the draft fundamental change accounting regulations amendment includes all nodes State and not easy. He said the main problem in delaying the project lies in the fear of many officials of the project, stating that this fear caused by lack of knowledge of the benefits of the project and effectiveness in support of the Iraqi economy. And valid with loakod meeting of the Joint Commission, the decisions would be binding for all. There was a problem of timing as the opinion of the Council of Ministers on the wait in the project due to the timing may be appropriate to start so step because similar projects conducted in the more stable political conditions. The Central Bank of Iraq intends to carry out radical change in monetary policy through three zeros from the deleted version cash estimated at 32 trillion corresponding 4 billion banknotes of different categories and this large number, in the case of application of the new system, it will provide the expenses of publication and print 4 billion paper currency and old groups new as the old currencies destroys every 5 years and not ruin this new speed is therefore very economical project. The task of the Central Bank of Iraq in maintaining price stability and the implementation of monetary policy, including exchange rate policies and foreign exchange reserves management and regulation of the banking sector finished/t 20. [You must be registered and logged in to see this link.]
2012-05-15
Baghdad/JD/...Called by the Central Bank of Iraq to form a Joint Coordinating Committee of the Parliament and the Government to resolve the issue of the draft Iraqi currency delete zeros. He said the Bank's Deputy Governor Mohammad Saleh appearance of agency/JD/draft delete zeros is the draft fundamental change accounting regulations amendment includes all nodes State and not easy. He said the main problem in delaying the project lies in the fear of many officials of the project, stating that this fear caused by lack of knowledge of the benefits of the project and effectiveness in support of the Iraqi economy. And valid with loakod meeting of the Joint Commission, the decisions would be binding for all. There was a problem of timing as the opinion of the Council of Ministers on the wait in the project due to the timing may be appropriate to start so step because similar projects conducted in the more stable political conditions. The Central Bank of Iraq intends to carry out radical change in monetary policy through three zeros from the deleted version cash estimated at 32 trillion corresponding 4 billion banknotes of different categories and this large number, in the case of application of the new system, it will provide the expenses of publication and print 4 billion paper currency and old groups new as the old currencies destroys every 5 years and not ruin this new speed is therefore very economical project. The task of the Central Bank of Iraq in maintaining price stability and the implementation of monetary policy, including exchange rate policies and foreign exchange reserves management and regulation of the banking sector finished/t 20. [You must be registered and logged in to see this link.]
