by [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] 2 Hours ago
[You must be registered and logged in to see this image.]
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, set two conditions for deleting three zeros from the currency.
Saleh said in press statements, that the first condition is price stability and global economic growth, and the second is appropriate stability in political life, so the importance of deleting zeros from the currency and slimming its units as a condition for reducing accounting numbers and facilitating arithmetic use and the cost of managing new large numbers and the absence of small numbers and fractions, and pointed out The hyperinflation that hit the Iraqi economy in the nineties of the last century added three numbers to the Iraqi monetary unit, "that is, one dinar became equal to a thousand dinars."
This, and Saleh stressed that the project to delete zeros in Iraq is still postponed at the present time until the appropriate conditions are achieved and remains part of the strategies to reform the currency and cash payments system in Iraq.
[You must be registered and logged in to see this link.]