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Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply

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Proven
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Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply

Post by Proven on Sun 31 May 2015, 12:37 pm

Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply as the rest of the corruption of previous years

History of edits:: 2015/5/31 12:20 • 141 visits readable

Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply as the rest of the corruption of previous years

{Baghdad: Euphrates News} head of the parliamentary finance committee Magda Tamimi said on Sunday, "We fear that accompanies reduce the size of the money supply as the rest of the corruption of previous years process, claim the House of Representatives to" take all reserves and caution. "

He said al-Tamimi told {Euphrates News} today that "printing new currency was to reduce the money supply in the country size, and will be one of a class {} 50-100 and is easy to carry for the Iraqi citizen."

She noted that "change the currency will not affect the inflation, because the inflation rate in Iraq is very reasonable and not high, ranging from {2-3}", pointing out that "we finance as a committee we are afraid of corruption that accompanied this process also I am afraid to be like printed currency in the past few years where Achabha a lot of corruption, even the central bank. "

They pointed out that "the CBI said taking all reserves, but it needs to be more cautious and warned of the House of Representatives."

The Central Bank of Iraq announced earlier near launch new banknotes of five thousand dinars and {25} A class to the new security specifications trading and signs of high protection.

A statement of the Central Bank would be the continuation of the two papers Alnkaditin Almtdaolten now with two new categories without any intention of withdrawn, indicating that they are changes in banknote category {5000} dinars paper contains a string ensure clip displays {4} mm carries a {CBI}, as well to modify the dates Hijri and Gregorian dates to 1435 e {2013} and other security marks Alokhry.anthy m

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Re: Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply

Post by Neno on Sun 31 May 2015, 3:27 pm


He said al-Tamimi told {Euphrates News} today that "printing new currency was to reduce the money supply in the country size, and will be one of a class {} 50-100 and is easy to carry for the Iraqi citizen."





That is easy to carry after a exchange rate.

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Re: Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply

Post by fonz1951 on Sun 31 May 2015, 8:13 pm

@Neno wrote:
He said al-Tamimi told {Euphrates News} today that "printing new currency was to reduce the money supply in the country size, and will be one of a class {} 50-100 and is easy to carry for the Iraqi citizen."





That is easy to carry after a exchange rate.

one would think. as of right now they would have to have 30 of them just to buy a loaf of bread.

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Re: Parliamentary Finance: We fear that accompanies the process of reducing the size of the money supply

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