A parliamentary committee: Working delete zeros from the Iraqi currency begins next year to reduce i

by **Rocky** Wed 22 Oct 2014, 7:02 am

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A parliamentary committee: Working delete zeros from the Iraqi currency begins next year to reduce i

by Rocky Wed 22 Oct 2014, 7:02 am

A parliamentary committee: Working delete zeros from the Iraqi currency begins next year to reduce inflation

BAGHDAD / supporter Terminal / Anatolia:

Commission announced the economy and investment in the Iraqi parliament, that the deletion of zeros from the Iraqi currency will be working by next year, and it will be discussed next period some of the laws the most important banking law, and the law of the Central Bank, and the Money Laundering Act.

A member of the committee of economy and investment in the Iraqi parliament, Jawad al-Bolani, said that "the deletion of zeros from the Iraqi currency will be it next year."

The Iraqi government project about deleting three zeros from the Iraqi currency to reduce inflation, winning only currency that has been postponed.

He said al-Bolani, in a press conference in the parliament building and was attended by Anatolia Agency correspondent, the foreign exchange reserves in the Central Bank of Iraq, reached 76.3 billion dollars, and that the Iraqi currency markets, amounted to 40 trillion Iraqi dinars.

The member of the committee of economy and investment in the Iraqi parliament, that "there are some laws will be discussed in the House of Representatives soon a Banking Law and the Law of the Central Bank and money laundering," adding that "these laws will enhance the Iraqi economy."

The Iraqi Central Bank authority independent of the government is not entitled to state intervention work.

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