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Central Bank is talking about to delete the zeros and the replacement of currency beginning 2013 "a fantasy"
19/08/2012 PM - 2:58 p.m. | Hits: 25
Considered the Central Bank of Iraq, Sunday, to talk about to delete the zeros and the replacement of the Iraqi currency early next year, 2013, "a fantasy", as he emphasized the need to be replaced currency in the new financial period. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in an interview for " Alsumaria News "," project for restructuring the currency and delete zeros are still just proposals nor approved so far and remains a dead letter, "noting that" the Finance Committee in the House of Representatives is still trading with the bank on the matter and the time will be the replacement of the currency. " said Saleh said that "any thought on the replacement of the new currency after deletion of zeros starts with the beginning of 2014 and upwards in the event of approval of the Council of Ministers on the project as the Council's decision to wait is still going on even now," adding that "talking about the deletion of zeros and replacing Iraqi currency early next year 2013 pure fantasy. " and noted the benefit that "the replacement of the currency must be with a new financial period," adding that "private accounts, the Iraqi government can not be recorded in the same year, two forms of financial values." He was a member of the Finance Committee Haitham Jubouri announced in (15 May 2012) in an interview for "Alsumaria News", that the month of January of next year 2013 will see the deletion of the three zeros and the replacement of the currency, as will next September 2012, the direct printing of new currency in different categories. hosted the Finance Committee (June 26, 2012) , Deputy Governor of the Central Bank of the appearance of Mohammed Saleh to discuss the mechanism that will be followed by the bank in the process of deleting the zeros and how long this process and changes that will occur on the exchange of currency. and was a member of the Finance Committee's parliamentary Najia Najib said in an interview for "Alsumaria News", in (July 3, 2012 ) that the budget next year 2013 will be the new currency after deleting three zeros from the current currency, arguing that the reluctance of traders and companies from trading in Iraqi currency behind the adoption of the Central Bank of the project to delete the zeros. accused the central bank (12 September 2011) government bodies obstructing the monetary reform and vowed to persecuting , blaming the authorities responsible for endangering the interests of the country's financial risk. what was seen as an adviser to Prime Minister for Economic Affairs (25 August 2011), to raise zeros from the currency is the biggest corruption in Iraq if it was during this period, and fall under the name of tampering with the economic, warning of "mafias currency" is preparing to rig the trillions of Iraqi dinars to replace them in the light of the planned changes. It is noteworthy that some economists believe that Iraq is ready for the time being to delete the zeros from its currency, noting that the deletion needs to stabilize the security and political and economic stability.
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