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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Parliamentary Committee: economic and political atmosphere is not appropriate to delete zeros from c

    Rocky
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    • Post n°1

    Parliamentary Committee: economic and political atmosphere is not appropriate to delete zeros from c Empty Parliamentary Committee: economic and political atmosphere is not appropriate to delete zeros from c

    Post by Rocky Wed 26 Feb 2014, 6:33 am

    [size=12.66]Parliamentary Committee: economic and political atmosphere is not appropriate to delete zeros from currency


    Wednesday, 26 February 2014
    Twilight news/opinion of the parliamentary Finance Committee on Wednesday that the prevailing economic and political climate in the country is not appropriate to delete the zeros of the Iraqi currency.
    Years ago talking Iraq project to delete zeros from its currency dinar in an effort to reduce money supply and liberalization of the economy and enhance the value of the dinar in the International Monetary Fund.
    There were claims last year to delete zeros from the currency after Iraq from Chapter VII of the United Nations.
    Committee member, said Haitham Al-jubouri said in an interview for "Twilight": "political and not economic bears open this issue require the deletion of zeros to create coordination with fiscal policy and coordination with Congress through legislation that covers the conversion process.
    He said that it takes an economic and political stability under the unstable currency rate and increase in expenditures, more likely that the next legislative session with the new Government opens the question of the deletion of zeros.
    The IMF has expressed its support for the Iraqi economy in the event of a number of economic measures, including raising three zeros from the local currency.
    The Iraqi dinar is the official currency of the country issued by the Central Bank.
    Professional economists felt that changing the former Central Bank Governor Sinan Al-Shabibi and appearance of Mohamed Saleh and a number of World Bank officials and bring them to justice for alleged mismanagement and corruption negatively impact a project changing currency and raise zeros.
    C c/p r

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