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Hussein almerapi: delete zeros from the currency could confuse the public budget and help smuggle

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Hkp1
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Hussein almerapi: delete zeros from the currency could confuse the public budget and help smuggle

Post by Hkp1 on Sat 13 Jul 2013, 2:28 pm

Hussein almerapi: delete zeros from the currency could confuse the public budget and help smuggle


Saturday, July 13, 2013 11: 44 Ambassador news
{Baghdad Ambassador: News}

Counting of the parliamentary Economic Committee member Hussein almerapi deleting zeros of the Iraqi currency that they will disrupt the General State budget.



"The urgency in deletion of zeros from the currency would lead to a significant embarrassment to the Government."

"We as members of the parliamentary Economic Committee advised the Central Bank to wait and not rush and clarify the dimensions of the subject to the Parliament and the Government."

Almerapi said that "delete zeros from the currency could confuse the public budget and help smuggle currency and reduce liquidity and increase inflation by" up to 100 percent, he said.

"We do not have a clear vision of the possibilities of the Central Bank in managing this difficult file being run full independence from the Government and Parliament."



The parliamentary Economic Committee demanded the Central Bank need to delete zeros from the currency after the ground had exit Iraq from Chapter VII.


http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.assafirnews.net%2Findex.php%2F2012-05-14-03-04-35%2F18291-2013-07-13-08-44-15.html

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Re: Hussein almerapi: delete zeros from the currency could confuse the public budget and help smuggle

Post by Neno on Sat 13 Jul 2013, 3:47 pm

Demand them, hold them up, be embarrassed by it, but still yet, claim their independent.
What a funny report.... lol!


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Neno
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Re: Hussein almerapi: delete zeros from the currency could confuse the public budget and help smuggle

Post by Neno on Sat 13 Jul 2013, 3:48 pm

Counting of the parliamentary Economic Committee member Hussein almerapi deleting zeros of the Iraqi currency that they will disrupt the General State budget. wrote:
Wand disrupt, you just adjust the numbers cause of the purchasing power bestowed.


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Re: Hussein almerapi: delete zeros from the currency could confuse the public budget and help smuggle

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