Keywords: delete the zeros existing project and we have given the green light for its implementation

 will be preceded by the administrative and regulatory processes. 

mochasmom wrote:Tariffs started 3/1

CITEX wrote:

 will be preceded by the administrative and regulatory processes. 

Looks like they will be putting out procedures and regulations on how to it will be done over the next 2 years:




Central Bank: the deletion of zeros existing project and we have given the green light for its implementation
03/03/2015 12:50

Awan / Baghdad

Governor of the Central Bank announced on the Keywords, on Tuesday, 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 regulatory and administrative operations.

Keywords and said in a press conference held at the bank building and attended by "time", that "the project to delete the zeros is based has been put into practice and gave the green light to start with," noting that "The project needs a period of time may extend to two years or more."

He added that the relationship "This operation will be preceded by regulatory and administrative processes and the form in which it will start moving in," adding that "the Bank began creating currency models and training of cadres to it."

The Iraqi Central Bank announced in May 2012 that the process of deletion of zeros from the country of Iraq will be transferred to the trillions of billions, indicating that the process of replacing the currency needs to be approved by parliament.

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Looks like they will be putting out procedures and regulations on how to it will be done over the next 2 years:

Proven wrote:

CITEX wrote:

 will be preceded by the administrative and regulatory processes. 

Looks like they will be putting out procedures and regulations on how to it will be done over the next 2 years:




Central Bank: the deletion of zeros existing project and we have given the green light for its implementation
03/03/2015 12:50

Awan / Baghdad

Governor of the Central Bank announced on the Keywords, on Tuesday, 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 regulatory and administrative operations.

Keywords and said in a press conference held at the bank building and attended by "time", that "the project to delete the zeros is based has been put into practice and gave the green light to start with," noting that "The project needs a period of time may extend to two years or more."

He added that the relationship "This operation will be preceded by regulatory and administrative processes and the form in which it will start moving in," adding that "the Bank began creating currency models and training of cadres to it."

The Iraqi Central Bank announced in May 2012 that the process of deletion of zeros from the country of Iraq will be transferred to the trillions of billions, indicating that the process of replacing the currency needs to be approved by parliament.

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CITEX wrote:

Looks like they will be putting out procedures and regulations on how to it will be done over the next 2 years:

That's what I was reading too. Two years to fully implement. Now I have wonder if full implementation means all notes retrieved, or it means all paperwork and procedures done to retrieve the notes. It will be interesting to continue to follow this. what a process huh.....

wciappetta wrote:

Proven wrote:

CITEX wrote:

 will be preceded by the administrative and regulatory processes. 

Looks like they will be putting out procedures and regulations on how to it will be done over the next 2 years:




Central Bank: the deletion of zeros existing project and we have given the green light for its implementation
03/03/2015 12:50

Awan / Baghdad

Governor of the Central Bank announced on the Keywords, on Tuesday, 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 regulatory and administrative operations.

Keywords and said in a press conference held at the bank building and attended by "time", that "the project to delete the zeros is based has been put into practice and gave the green light to start with," noting that "The project needs a period of time may extend to two years or more."

He added that the relationship "This operation will be preceded by regulatory and administrative processes and the form in which it will start moving in," adding that "the Bank began creating currency models and training of cadres to it."

The Iraqi Central Bank announced in May 2012 that the process of deletion of zeros from the country of Iraq will be transferred to the trillions of billions, indicating that the process of replacing the currency needs to be approved by parliament.

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The start of those processes was the ending of the auctions... another part would be putting lower notes into the banks. Considering the pulling of the security weak 50 id notes time frame I would  guess the RV wouldn't happen before May....We've had run ups on bank training and procedures before, almost like dry runs especially before the chapter VII removal. Yet this time it feels like we are real close to the end.