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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


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    Parliamentary committee calls for the central bank to implement deletion of zeros early next year

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    Parliamentary committee calls for the central bank to implement deletion of zeros early next year - Page 2 Empty Parliamentary committee calls for the central bank to implement deletion of zeros early next year

    Post by Rocky Tue 28 Oct 2014, 5:38 am

    First topic message reminder :

    Parliamentary committee calls for the central bank to implement deletion of zeros early next year



    28/10/2014

     
     
    BAGHDAD / JD / .. the parliamentary finance committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early next year, because of its great importance to support the national currency.
    A member of the Committee MP Jamal told Joker / JD /: he was "on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other."
    He noted: "The present time appropriate for the application of the project, especially since Iraq has returned to the regional and international environment after the new government's policy to strengthen relations with all countries, where it will begin the Central Bank to implement the project in the form of stages," calling on the central bank to "start implementing the initial stages beginning the year 2015 ".
    He ruled out the Joker, "for economic problems in the event of implementation of the project during the next few days," pointing out that "the project is one of the important strategic projects of the country being reduces the money supply and works to reduce the rate of inflation in the market."
    The central bank is preparing to issue a new edition of the coin category 50 000 dinars, while noting that the project to delete the zeros will be implemented over the next five years. / Finished / 8 /   

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    Parliamentary committee calls for the central bank to implement deletion of zeros early next year - Page 2 Empty Re: Parliamentary committee calls for the central bank to implement deletion of zeros early next year

    Post by dizzydee Tue 28 Oct 2014, 8:21 pm

    Thanks daydreamer.
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    Post by Proven Sun 15 May 2016, 9:53 am

    Bump.   
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    Stevethebrit
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    Post by Stevethebrit Sun 15 May 2016, 10:44 am

    Proven wrote:Bump.   
    Any specific reason Proven?
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    Post by Proven Sun 15 May 2016, 11:07 am

    Stevethebrit wrote:
    Proven wrote:Bump.   
    Any specific reason Proven?

    Iraq has returned to the regional and international environment after the new government's policy to strengthen relations with all countries, where it will begin the Central Bank to implement the project in the form of stages,"


    Current IMF issue with the budget is part of the process of entering the international environment. 

    An administrative issue.
     


    the deletion of zeros existing project, as pointed out it was given the green light for its implementation, he stressed that this process will be preceded by the administrative and regulatory processes

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    Post by Stevethebrit Sun 15 May 2016, 11:10 am

    Well pointed out there, thank you Proven.
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    Post by Neno Sun 15 May 2016, 11:30 am

    But has the relations strengthened since then even tho the IMF is moving forward? Haven't followed real closely lately so just asking. Seems to me recently the the Iraq government has been in a dislodge do to the reqired IMF reforms.

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