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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliamentary economy: postpone the deletion of zeros from the currency to avoid a scheme to replace

    Rocky
    Rocky
    Rocky
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    • Post n°1

    Parliamentary economy: postpone the deletion of zeros from the currency to avoid a scheme to replace Empty Parliamentary economy: postpone the deletion of zeros from the currency to avoid a scheme to replace

    Post by Rocky Sat 15 Feb 2014, 4:16 am

    Parliamentary economy: postpone the deletion of zeros from the currency to avoid a scheme to replace counterfeit currency



    11/2/2014 2:08 p.m.

    {Baghdad: Euphrates News} A member of the Committee on the economy and investment representative, Amer winner, said the project to delete the zeros from the national currency still exists, but it is in order for commercial reasons, in addition to the receipt of intelligence information for the creation of counterfeit currency for the purpose of replacing the new currency.

    He said the winner told the News} {Euphrates on Tuesday that “the project is still in place and everything in it that he delayed not only, we want to apply the law in 01/01/2013, but he asked later postponed for economic reasons, as it leads to a disruption in the commercial market and the general situation does not help, he asked to postpone the work in it. “

    and “The General Secretariat of the Council of Ministers may linger in the project, in order to the country’s economy internal,” noting that “we have agreed with the central bank in order not to make a fuss in the market through the implementation of the project, and because the old currency will not fall but will continue to work out as well as the new currency for a period of two years, for example, goods are priced in the new currency specified in the old fixed as well, and for a period of two years, the old currency intervention by the Central Bank gradually and will not leave until implemented from the market. “

    said the winner “as he may been wait-implementation of the project, to the receipt of intelligence information indicating that there is a coin forged many abroad in neighboring countries, and even some of them inside Iraq, prepared for the purpose of replacing the new currency, considering that the old currency will damage, so it has to implement in order to develop a mechanism to control this issue, and control at border crossing points. “

    It is noteworthy that the central bank announced earlier that the project to delete the three zeroes from the Iraqi currency will transfer the country from a country trillions to billions.

    confirms economists importance of deletion of zeros from the currency current, which applies to reduce inflation and achieve a breakthrough in the economy currency


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