#####$$$$$Najiba Najib calls for the restructuring of the Iraqi currency and reduce the incidence of counterfeiting and forgery

Admin Mon Apr 15, 2013 9:02 am

3:07 pm, April 15, 2013
Najiba Najib

BAGHDAD (Iba) .. Considered a member of the Finance Committee MP Najiba Najib, said the draft restructuring of the Iraqi currency and the removal of three zeroes is a critical necessity for being a project of economic feasibility and large positive effects.

Najib said in a statement to the independent press agency (IBA) on Monday, "said the draft restructuring Iraqi currency despite face challenges and difficulties economic, security and political, but a feasibility great for the country, noting that" the project is a necessity that must be implemented on the ground in the period Current ".

He added, "The project needs to solidarity and cooperation of all government institutions from the central bank and owes the executive and parliament to legislate some laws, including the law which guarantees debt to the creditor the right amount condemned after the deletion of zeros."

She noted that "the former Directors of the Central Bank, led by Sinan Shabibi and the appearance of Mohammed Saleh recommended this project to the decisive endings and negotiated with international companies sober have a strong reputation in the world in terms of accuracy and reduce the incidence of fraud and counterfeit currency."

She is a member of the Finance Committee that "the great harmony between institutions of the state executive and legislative measures will increase the success of the process especially since the period in which they will be removing the zeros will take more than two years."

The parliamentary Finance Committee confirmed that the central bank, according to the official correspondences begin this year procedures for the deletion of three zeros from the local currency, stressing that it would lead to the development of cash transactions and international economic.

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