#####Cabinet unlikely to replace the currency Awalghae three zeros
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#####Cabinet unlikely to replace the currency Awalghae three zeros
BAGHDAD / Baghdadiya News / .. ruled the General Secretariat of the Council of Ministers, on Monday, to remove or modify the currency three zeros at this stage and it is seeking to raise the value of the dinar against the dollar.
The Secretary General of the Council of Ministers Ali Mohsen Ismail in a statement seen by / Baghdadiya News /, that "the proposed replacement of the currency and the abolition of three zeros discussed during the last term in the Council of Ministers and the Council stressed that this project is not a priority for the government at the moment there is no real problem in this area. "
And Noting there that "replacement currency itself requires a large adjustments, as there are still issues with this side after the fall of the dictatorial regime, where the mass of currency in circulation is limited, but it has doubled now than it was at the time, hence the process of withdrawing this block is large and difficult task. "
He said, "Some have the impression sinner E implies that the deletion of zeros will reduce the size of the money in circulation Kkamih, and indeed it does not reduce even by 1% and although the government believes that the change of currency is a good thing in the case of appropriate conditions for its application, but does not give him priority But when there are stable conditions. " Finished / 21
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