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Al-Bayati: Central Bank is technically ready to delete the three zeros from the currency
23-05-2013 05:00 AM
Baghdad (newsletter). Member of the Finance Committee, warned MP/iraqiya Hassan aozmn Al-Bayati, the Central Bank implemented a project to delete the three zeros in the national currency during the current economic situation in the country is not ready for the implementation of the project.
He said Al-Bayati (News Agency): the Central Bank of Iraq not ready technically to the implementation of the monetary reform project of the national currency by deleting three zeros, released face mafia fraud that may appear in the application project.
He added: the economic and political situations are not conducive to the implementation of strategic projects and thus major concern the economy and national currency, noting that its implementation during the current period would lead to confusion in the market so it will reflect negatively on the Iraqi economy.
The parliamentary Economic Committee was outweighed by the implementation date of the project to delete the three zeros from the currency when early next year./finished/8 l. Eng.
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23-05-2013 05:00 AM
Baghdad (newsletter). Member of the Finance Committee, warned MP/iraqiya Hassan aozmn Al-Bayati, the Central Bank implemented a project to delete the three zeros in the national currency during the current economic situation in the country is not ready for the implementation of the project.
He said Al-Bayati (News Agency): the Central Bank of Iraq not ready technically to the implementation of the monetary reform project of the national currency by deleting three zeros, released face mafia fraud that may appear in the application project.
He added: the economic and political situations are not conducive to the implementation of strategic projects and thus major concern the economy and national currency, noting that its implementation during the current period would lead to confusion in the market so it will reflect negatively on the Iraqi economy.
The parliamentary Economic Committee was outweighed by the implementation date of the project to delete the three zeros from the currency when early next year./finished/8 l. Eng.
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