Haitham al-Jubouri: The Finance Committee is preparing to begin the process of deleting the zeros and currency exchange next year

Now I have an issue with this piece, they can not launch this project in the middle of the year!
This is because of the banking issue of keeping their books! And even the CBI also said the same thing!



By: Bian4
Date: Thursday, 09/08/2012 17:29



Hilla / WAP / said a member of the parliamentary Finance Committee Haitham al-Jubouri, the parliamentary finance committee that is preparing to begin the process of deleting the zeros and currency exchange next year.

Jubouri said told Baghdad International / WAP / Thursday, the Iraqi government "will support this project after providing Baijabith and cons," he said, adding that he "will direct this project during the month of July of next year 2013."

He added that "the central bank removed all fears of a changing of the currency, after warnings from the conduct of money laundering or increase the size of inflation, have formed committees competent to control it." / End


http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www.baghdadiabian.com/news.php%3Faction%3Dview%26id%3D28669

On: Friday 8/10/2012 6:08



 Baghdad / agencies

Parliamentary Finance Committee suggested that the deletion of zeros is the direct replacement of the currency during the month of July of next year, as shown, the central bank removed the fears of all, it confirmed that the government will support this project after providing Baijayate and cons.

A member of the Committee Haitham al-Jubouri in a press statement that "the Finance Committee supports the project to delete the zeros and currency exchange, and must be government involvement in this project as responsible for drawing up the financial policy of the country," likely to "be direct this project during the month of July of next year 2013" .

The Jubouri that "the central bank removed all fears of a changing of the currency, after warnings from the conduct of money laundering or increase the size of inflation," noting that "the form of committees competent to control it."

The Jubouri that "the Iraqi government did not object to the origin of the project, but objected to the lack of knowledge of this," pointing out "that it will support the project after providing the positive aspects and negative aspects of the project."

The Finance Committee of the House of Representatives have shown, in the July 13, 2012, support for the replacement of the existing currency, while the central bank's readiness required for this step, confirmed that the bank needs another year to begin the process of replacement.

As announced, in (July 11, 2012), a willingness to clarify the reasons for the Council of Ministers on the frequency of switching the currency, although the central bank confirmed its ability to that of the occurrence of fraud affecting the national economy.

And announced by the Finance Committee's parliamentary Najiba Najib in (the third of July, 2012), that the budget next year, 2013, will be the new currency after deleting three zeros from the current currency, arguing that the reluctance of traders and companies from trading in Iraqi currency behind the adoption of the Central Bank of the project to delete the zeros.

What was seen as an adviser to Prime Minister for Economic Affairs Abdul Hussein Al-Anbuge, in (25 August 2011), to raise zeros from the currency is the biggest corruption in Iraq if it was during this period, and fall under the name of tampering with the economic, warning of "mafias currency" is preparing to rig the trillions Iraqi dinars to replace them in the light of the upcoming changes.

It is noteworthy that some economists believe that Iraq is ready for the time being to delete the zeros of the Iraqi dinar, pointing out that the deletion needs to be a security and political stability as well as economic stability.


http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.almadapaper.net%2F