Finance parliamentary reveal the Council of Ministers asked to wait in the currency exchange
2012-05-20
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Finance Committee member Rep. Najiba Najib
Revealed the Finance Committee in the House of Representatives that the General Secretariat of the Council of Ministers called on the central bank to wait in the issue of replacing the Iraqi dinar.
She said committee member Najiba Najib told PUKmedia, on Sunday, the central bank at the last meeting with the Finance Committee confirmed the completion of preparations to alter the currency, noting that the bank received a letter from the General Secretariat of the Council of Ministers invites him to wait and without setting a date certain.
Najib added that the Secretariat of the reasons attributed to patient demand factors, notably the rise of the dollar, and the need to maintain currency stability and lack of effect on the replacement market and the total inflation.
On the other hand MP Najib stressed that the new currency will include the Kurdish language, indicating that it was a constitutional obligation, a banner that the central bank stressed that although the Constitution provides for the new currency should include the Kurdish language.
The central bank announced in January 2012, his intention to put a big three categories of the Iraqi dinar, including 200, 100 and 50 dinars after deleting three zeros from the currency, while pointing out that the process of replacing the currency will take two years.
[You must be registered and logged in to see this link.]
2012-05-20
[You must be registered and logged in to see this image.]
Finance Committee member Rep. Najiba Najib
Revealed the Finance Committee in the House of Representatives that the General Secretariat of the Council of Ministers called on the central bank to wait in the issue of replacing the Iraqi dinar.
She said committee member Najiba Najib told PUKmedia, on Sunday, the central bank at the last meeting with the Finance Committee confirmed the completion of preparations to alter the currency, noting that the bank received a letter from the General Secretariat of the Council of Ministers invites him to wait and without setting a date certain.
Najib added that the Secretariat of the reasons attributed to patient demand factors, notably the rise of the dollar, and the need to maintain currency stability and lack of effect on the replacement market and the total inflation.
On the other hand MP Najib stressed that the new currency will include the Kurdish language, indicating that it was a constitutional obligation, a banner that the central bank stressed that although the Constitution provides for the new currency should include the Kurdish language.
The central bank announced in January 2012, his intention to put a big three categories of the Iraqi dinar, including 200, 100 and 50 dinars after deleting three zeros from the currency, while pointing out that the process of replacing the currency will take two years.
[You must be registered and logged in to see this link.]