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Salim Al Salem Al-daini claimed the three zeros deleted project of currency to withdraw counterfeits from the marketplace
22-03-2013
Student Economist Salim Al-daini, the application of the draft Central Bank deleted three zeros from the currency early next year, to eliminate the forged currency in the local market.
He said Al-daini (News Agency): draft three zeros from the currency, deletion would serve the Iraqi citizen in terms of reducing large categories and easily traded, as well as support the economy through the withdrawal of counterfeits, which are widespread in the market.
He added: the project must be applied after you set the kvoaeh management for the Central Bank to be implemented early next year (2014), it is one of the strategic projects in the country.
He noted that the current categories of national currency is easy to damage, forcing the State printing new currencies for every three months and these constitute an additional burden on the State funds for printing new currencies, indicating that the new project would be issued coins up for more than 25 years.
The Council demanded that the Prime Minister earlier in the previous administration for the Central Bank to wait to delete the three zeros from the local currency, saying that a large project and needs sufficient time to apply.
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22-03-2013
Student Economist Salim Al-daini, the application of the draft Central Bank deleted three zeros from the currency early next year, to eliminate the forged currency in the local market.
He said Al-daini (News Agency): draft three zeros from the currency, deletion would serve the Iraqi citizen in terms of reducing large categories and easily traded, as well as support the economy through the withdrawal of counterfeits, which are widespread in the market.
He added: the project must be applied after you set the kvoaeh management for the Central Bank to be implemented early next year (2014), it is one of the strategic projects in the country.
He noted that the current categories of national currency is easy to damage, forcing the State printing new currencies for every three months and these constitute an additional burden on the State funds for printing new currencies, indicating that the new project would be issued coins up for more than 25 years.
The Council demanded that the Prime Minister earlier in the previous administration for the Central Bank to wait to delete the three zeros from the local currency, saying that a large project and needs sufficient time to apply.
[You must be registered and logged in to see this link.][You must be registered and logged in to see this image.]
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