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Monday, January 7, 2013

Finance Committee Member: Politics is postponing the deletion of zeros; All competent authorities support the project, 7 JAN


Finance Committee Member: Politics is postponing the deletion of zeros; All competent authorities support the project

Parliamentary Finance: reset the currency project has been postponed because of the successive political crises
Wrote on: 07/01/2013 14:53:09
Revealed the Finance Committee in Parliament to postpone the project to delete reset currency, which it was hoped that performs this year after the completion of all actions related to the project confirmed that the reason for the delay is the successive political crises and the central bank crisis
The committee member said MP Magda Tamimi told the future today, Sunday, that “the proposed reset rates for Aishd any progress through due to the political situation and passed by the Central Bank”
She added, “On this basis, has been postponed Multi deletion of zeros was not implemented this year,”
For his part, called the economic expert Mackie Mohammed Wardam need to activate reset currency project because it is in the service of the national economy by reducing the money supply in the domestic market “
He added, “deleting three zeros from the currency contributes to the re-structuring of the Iraqi currency, which facilitates transactions in the market and accounts for government departments”
He added, “All competent authorities support this national project and speed up its implementation during the current year“And demanded the prime minister earlier in the central bank to wait to draft deleted three zeros from the local currency, as a major project and needs to be enough time to apply.

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