***** A member of the parliamentary economy is expected to work the project raise zeros from the currency early in 2015
Page 1 of 1
***** A member of the parliamentary economy is expected to work the project raise zeros from the currency early in 2015
Admin Sun Dec 22, 2013 8:50 am
[ltr]Sunday, 22 November / 1 December 2013 07:30[/ltr]
[ltr]
[Baghdad - where]
Expect a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi work project raise zeros from the local currency in early 2015.
It is said that the CBI has been teaching for more than two years, the issue of lifting the zeros from the Iraqi currency, but so far has not taken a firm decision in this regard.
He Mayahi told all of Iraq [where] today that "lifting of the zeroes from the local currency does not have a negative impact on the economic situation in the country, adding that" the lack of work project raise zeros currently is the result of preoccupation with the political blocs preparations for the elections of the House of Representatives in 2014. "
He added that "the project of lifting the zeros from the currency will be through early 2015.
The Council of Ministers decided in its meeting held on 10 April last patient in the application process to delete the zeros from the national currency until further notice.
The Central Bank of Iraq, and on the lips of bank adviser appearance of Mohammed Saleh, has confirmed for [where] the need for Iraq to the process of administrative reform of the currency cash, and that the project to delete the zeros is the step comes as part of the country's need to the process of administrative reform of the currency, in order to reduce the cost of cash transactions in the economic process, in addition to the need to provide small groups of coins used in daily circulation of small transactions.
The officials at the central bank, as well as some politicians and economists, urged the government to delete the zeros from the currency, and the issuance of a new currency denominations large cash, in addition to the presence of small coins.
Observers say that the government intends to delete the zeros from the currency as a step towards improving the purchasing power of the Iraqi dinar, is that economists played down the importance of this step, considering that the cost of raising the zeros will be greater than the expected benefit from the lifting of zeros.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.alliraqnews.com/2011-04-18-02-57-37/112328--2015.html&usg=ALkJrhhVEAyCw-j6fNH3HHekXmTifiMMfA
[/ltr]
[ltr]
[Baghdad - where]
Expect a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi work project raise zeros from the local currency in early 2015.
It is said that the CBI has been teaching for more than two years, the issue of lifting the zeros from the Iraqi currency, but so far has not taken a firm decision in this regard.
He Mayahi told all of Iraq [where] today that "lifting of the zeroes from the local currency does not have a negative impact on the economic situation in the country, adding that" the lack of work project raise zeros currently is the result of preoccupation with the political blocs preparations for the elections of the House of Representatives in 2014. "
He added that "the project of lifting the zeros from the currency will be through early 2015.
The Council of Ministers decided in its meeting held on 10 April last patient in the application process to delete the zeros from the national currency until further notice.
The Central Bank of Iraq, and on the lips of bank adviser appearance of Mohammed Saleh, has confirmed for [where] the need for Iraq to the process of administrative reform of the currency cash, and that the project to delete the zeros is the step comes as part of the country's need to the process of administrative reform of the currency, in order to reduce the cost of cash transactions in the economic process, in addition to the need to provide small groups of coins used in daily circulation of small transactions.
The officials at the central bank, as well as some politicians and economists, urged the government to delete the zeros from the currency, and the issuance of a new currency denominations large cash, in addition to the presence of small coins.
Observers say that the government intends to delete the zeros from the currency as a step towards improving the purchasing power of the Iraqi dinar, is that economists played down the importance of this step, considering that the cost of raising the zeros will be greater than the expected benefit from the lifting of zeros.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.alliraqnews.com/2011-04-18-02-57-37/112328--2015.html&usg=ALkJrhhVEAyCw-j6fNH3HHekXmTifiMMfA
[/ltr]
Admin- Admin
- Posts : 29357
Join date : 2012-04-30
Location : Arizona -
Re: ***** A member of the parliamentary economy is expected to work the project raise zeros from the currency early in 2015
Admin Mon Dec 23, 2013 8:44 am
I would like to elaborate a little on this article
The person that is talking in this article from the Committee on the economy and investment parliamentary Aziz Sharif Mayahi is in the House of Representatives
About 3 years ago they government of Iraq had issues about the CBI, of where the CBI was situated under (between the Council of Ministers or the House of Representatives)
It is under the Council of Ministers as far as I know of, and until I see anything different the articles from the HoR does not really mean anything because they do not have control.
Remember who put the Ca-bash on stopping the Change of the Currency!
It was not the HoR it was the Council of Ministers(Maliki)
Maliki relieved Shabibi of his duties and he(Maliki) had up to 40 personnel members of different banks arrested!
The CBI can at anytime change the currency, and all they have to do is to notify the HoR, there are no laws that have to go before the HoR to change the currency!
The person that is talking in this article from the Committee on the economy and investment parliamentary Aziz Sharif Mayahi is in the House of Representatives
About 3 years ago they government of Iraq had issues about the CBI, of where the CBI was situated under (between the Council of Ministers or the House of Representatives)
It is under the Council of Ministers as far as I know of, and until I see anything different the articles from the HoR does not really mean anything because they do not have control.
Remember who put the Ca-bash on stopping the Change of the Currency!
It was not the HoR it was the Council of Ministers(Maliki)
Maliki relieved Shabibi of his duties and he(Maliki) had up to 40 personnel members of different banks arrested!
The CBI can at anytime change the currency, and all they have to do is to notify the HoR, there are no laws that have to go before the HoR to change the currency!
Admin- Admin
- Posts : 29357
Join date : 2012-04-30
Location : Arizona -
Similar topics» ****** A member of the parliamentary Economic exclude the implementation of the project to delete the zeros from the currency early in 2015
» Parliamentary economy expects to raise zeros from the Iraqi dinar in 2015
» ***** Finance parliamentary suggest the application of the project to delete the zeros early next year
» ********** A member of the parliamentary Balaguetsadah: the project to delete the zeros is ready and needs to be applied five years
» 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
» Parliamentary economy expects to raise zeros from the Iraqi dinar in 2015
» ***** Finance parliamentary suggest the application of the project to delete the zeros early next year
» ********** A member of the parliamentary Balaguetsadah: the project to delete the zeros is ready and needs to be applied five years
» 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
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum