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


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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


4 posters

    Economist calls not to delete zeros from the currency for the lack of security and economic stabilit

    Hkp1
    Hkp1
    Hkp1
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    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    Economist calls not to delete zeros from the currency for the lack of security and economic stabilit Empty Economist calls not to delete zeros from the currency for the lack of security and economic stabilit

    Post by Hkp1 Fri 15 Feb 2013, 1:24 am

    Economist calls not to delete zeros from the currency for the lack of security and economic stability


    Friday, 15 February 2013 09: 17


    [Baghdad]

    Economist,
    called Bassem Jamil Antoine, not delete zeros from the current
    currency, because there is no security and economic stability in the
    country.

    Antoine said each agency in Iraq, that "delete zeros
    from currency a currency, restructuring and reduce large digital
    calculations for cashiers, accountants count of transfer numbers," he
    said, adding that "the current time is not suitable for Exchange,
    because there is no security and economic stability in the country."

    The
    expert explained that "political differences in the country have a
    clear impact on the deterioration of the country's economy because
    politics and economy lagging far some twins."

    Antoine believed
    that upgrading the country's economy, requires political decisions and
    political will, as well as building a well-defined economic strategy of
    the country, involving professionals and economic efficiencies.

    The Cabinet has asked April 2012 wait in the application deleting zeros from the local currency to further notice.

    The
    Iraqi Central Bank, the Bank Adviser Mohammad Saleh appearance, has
    confirmed to IGN need Iraq to an administrative reform of the currency,
    and the deletion of zeros is the step comes within the country's
    administrative reform process, in order to reduce the cost of cash
    transactions in the economic process, in addition to the need to provide
    small groups cash coins used in daily transactions.

    Officials at
    the Central Bank, in addition to some politicians and economists urged
    the Government to delete the zeros from the currency and issued new
    currency large cash categories, in addition to having small coins.

    Observers
    say that the Government intended to delete zeros from the currency as a
    step towards improving the purchasing power of the Iraqi dinar, but
    economists underestimated the importance of this step, saying that the
    cost of raising the zeros will be greater than the benefit of raising
    zeros. ended up 2.


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    Screwball
    Screwball
    Screwball
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    Posts : 3484
    Join date : 2012-12-19
    • Post n°2

    Economist calls not to delete zeros from the currency for the lack of security and economic stabilit Empty Re: Economist calls not to delete zeros from the currency for the lack of security and economic stabilit

    Post by Screwball Fri 15 Feb 2013, 2:19 am

    and thats why they will do it! oh my???
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    Neno
    Neno
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    Posts : 10948
    Join date : 2012-12-17
    Age : 61
    Location : Lone Star State
    • Post n°3

    Economist calls not to delete zeros from the currency for the lack of security and economic stabilit Empty Re: Economist calls not to delete zeros from the currency for the lack of security and economic stabilit

    Post by Neno Fri 15 Feb 2013, 8:50 am

    LOL, maybe the old CBI peeps but nothing of the new has ever been reported since. Its all talk by those wanting to cause what ever for what ever reasons... ;)

    Officials at
    the Central Bank    , in addition to some politicians and economists urged
    the Government to delete the zeros from the currency and issued new
    currency large cash categories, in addition to having small coins.
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    ron-man
    ron-man
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    Posts : 1295
    Join date : 2013-01-19
    • Post n°4

    Economist calls not to delete zeros from the currency for the lack of security and economic stabilit Empty Re: Economist calls not to delete zeros from the currency for the lack of security and economic stabilit

    Post by ron-man Fri 15 Feb 2013, 10:00 am

    Some more good stuff,thanks.
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    • Post n°5

    Economist calls not to delete zeros from the currency for the lack of security and economic stabilit Empty Re: Economist calls not to delete zeros from the currency for the lack of security and economic stabilit

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