Member of the economy: Central Bank of Egypt on a project to delete the zeros postponed despite calls Date: Thursday, 31.05.2012 9:07 Baghdad (news) .. Confirmed member of the Economic Commission for MP / coalition in Iraq / Nora Albjara, Central Bank

Date: Thursday, 31.05.2012 9:07



Baghdad (news) .. Confirmed member of the Economic Commission for MP / coalition in Iraq / Nora Albjara, Central Bank's determination to implement the project to delete the three zeroes from the currency early next year, although there are calls for a postponement, saying he had agreed in principle with the companies advertising and typographic currency.

The Albjara (for the Agency news) on Thursday: The Central Bank has prepared an integrated study for the project to delete the zeros of the three and put the cons of the project and the pros and handed over to the Economic Committee in the House and Minister for the importance of the project for the Iraqi economy.

She added that the central Complete all procedures related to the project and began phase of negotiation and agreement in principle with the advertising companies to advertise the project and other companies for the printing of new currency, noting that the central bank will not reveal the nationalities of the companies that will sign with them to implement the project.

And said: You should carefully before applying such a large project because it affects the national economy, both directly in terms of its advantages or disadvantages, in particular, and that Iraq is going through today is politically stable and economically.

Albjara noted: that the project may take advantage of the weak-minded people before their detention, fraud can occur confusion in the economic process of the country.
The Member of the Committee to the economy: that the Central Bank of Egypt on the implementation of the project early next year, although there are objections to its implementation and claims by the government to wait.

The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and switch the currency, which warned him, officials and economists because of the presence of mafias currency is preparing to rig the trillions of Iraqi dinars to replace them in the light of the upcoming changes.

The Central Bank of Iraq accused the government agencies to disrupt monetary reform and vowed that it was persecuting the interests of the country's financial risk. / Finished / 8. D. Q /


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