Home
[You must be registered and logged in to see this link.]
scroll towards the bottom
Accused member of the committee of economy and investment in the House of Representatives Nora Salem, political views unnamed forging currency, and pumped into the market in order to breach the Iraqi economy, adding that the Iraqi currency counterfeit printed in neighboring countries, without revealing the identity of these countries.
says MP Salem said government measures used to protect the Iraqi currency is useless, and that the financial institutions are not able to control fraud. in a related context recognizes a member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri the existence of fraud in Iraqi currency, demanding who accuse political parties of involvement in the fraud to disclose the names of those actors, in order to be placed under penalty of law. , it stresses economic expert Abdul Rahman al-Mashhadani, the need to print currency with new specifications and better than its predecessor, which is printed in 2004, adding that the financial experts were counting on the decision to delete the zeros, in order to change the specifications of the existing currency, especially as a reserve currency at the central bank does not offer cover enough of the Iraqi currency. Meanwhile, the director of planning and financial management in the Ministry of Finance Hilal Taan that fraud does not represent a threat to the Iraqi currency, especially that Iraq has a reserve currency more than 76 billion dollars, and 30 tons of gold, and pointed out that Currency reliable to the extent that it is now trading at U.S. banks. indicated that economic observers would stress the need to take a new monetary policies in the Central Bank of Iraq, including that there will be cooperation between the central bank and private banks, in order to protect the currency from counterfeiting.
scroll towards the bottom
Accused member of the committee of economy and investment in the House of Representatives Nora Salem, political views unnamed forging currency, and pumped into the market in order to breach the Iraqi economy, adding that the Iraqi currency counterfeit printed in neighboring countries, without revealing the identity of these countries.
says MP Salem said government measures used to protect the Iraqi currency is useless, and that the financial institutions are not able to control fraud. in a related context recognizes a member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri the existence of fraud in Iraqi currency, demanding who accuse political parties of involvement in the fraud to disclose the names of those actors, in order to be placed under penalty of law. , it stresses economic expert Abdul Rahman al-Mashhadani, the need to print currency with new specifications and better than its predecessor, which is printed in 2004, adding that the financial experts were counting on the decision to delete the zeros, in order to change the specifications of the existing currency, especially as a reserve currency at the central bank does not offer cover enough of the Iraqi currency. Meanwhile, the director of planning and financial management in the Ministry of Finance Hilal Taan that fraud does not represent a threat to the Iraqi currency, especially that Iraq has a reserve currency more than 76 billion dollars, and 30 tons of gold, and pointed out that Currency reliable to the extent that it is now trading at U.S. banks. indicated that economic observers would stress the need to take a new monetary policies in the Central Bank of Iraq, including that there will be cooperation between the central bank and private banks, in order to protect the currency from counterfeiting.
