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Economic parliamentary: the currency will be replaced by early 2016
Thursday, 23 October 1 / Okrudolf 2014
[Baghdad - where]
Showed the parliamentary Economic Committee on Thursday that "the replacement of the existing currency will be early in 2016."
She said a member of the Committee and the fulfillment Kazem slugfest told all of Iraq [where] that "the Committee discussed with the Governor of the Central Bank of the process of replacing the currency and delete the zeros, and between that the issue of deletion of zeros deferred because of what is going through the country of the conditions of being an uninitialized Currently, stressing that the replacement of the currency and initiating so will be early in 2016. "
She added that the fight "reserve currency of the bank nearly 74 billion dollars, twice the mass of cash in circulation in the country and this is not in the best countries in the world and is a good indicator to reassure the Iraqi people."
He said economic expert Jamil Antoine earlier that the deletion of zeros from the currency is a restructuring of the currency, and to alleviate the accounts of digital large burden on treasurers, and alleviate the burden on accountants in counting the transfer of numbers, "noting that" the present time is not appropriate for the replacement of the currency, and so the lack of security and economic stability in the country. ended 80
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Thursday, 23 October 1 / Okrudolf 2014
[Baghdad - where]
Showed the parliamentary Economic Committee on Thursday that "the replacement of the existing currency will be early in 2016."
She said a member of the Committee and the fulfillment Kazem slugfest told all of Iraq [where] that "the Committee discussed with the Governor of the Central Bank of the process of replacing the currency and delete the zeros, and between that the issue of deletion of zeros deferred because of what is going through the country of the conditions of being an uninitialized Currently, stressing that the replacement of the currency and initiating so will be early in 2016. "
She added that the fight "reserve currency of the bank nearly 74 billion dollars, twice the mass of cash in circulation in the country and this is not in the best countries in the world and is a good indicator to reassure the Iraqi people."
He said economic expert Jamil Antoine earlier that the deletion of zeros from the currency is a restructuring of the currency, and to alleviate the accounts of digital large burden on treasurers, and alleviate the burden on accountants in counting the transfer of numbers, "noting that" the present time is not appropriate for the replacement of the currency, and so the lack of security and economic stability in the country. ended 80
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