Finance Committee exclude the application of the project to delete the three zeroes through the next two years
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Finance Committee exclude the application of the project to delete the three zeroes through the next two years
Admin Thu Dec 26, 2013 8:36 am
Wow this almost sounds like what Germany did when the re-valued their currency back in the 1930's
Thursday, January 1 262 013
Parliamentary Finance Committee has ruled out the application of the project to delete the three zeroes from the currency during the next two years because it would cause confusion for the Iraqi economy and increasing inflation rates of the country 'by Ray Committee
The deputy chairman of the Commission Ahmed Faizullah said in his statement: the project to delete the three zeroes from the currency during the current period will cause upheaval for the economy and increases the rates of inflation in the market through the issuance of currencies with multiple categories, indicating that the central bank may re-consider the project as he refrained from applying it.
He added that the project is large and sensitive to the needs and financial and economic stability in the country, so the Iraq during the current period and even the next few non-triggering of the implementation of the project in spite of expectations to suggest that applied during the next two years.
The CBI announced his intention not to implement the project to delete the three zeroes from the currency early next year, stressing that the deadline to apply is still iffy.
The previous administration of the Central Bank announced that the date of implementation of the project will be the beginning of the year 2014.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://albariqnews.com/index.php/2013-09-17-09-11-12/item/4542-%25D8%25A7%25D9%2584%25D9%2584%25D8%25AC%25D9%2586%25D8%25A9-%25D8%25A7%25D9%2584%25D9%2585%25D8%25A7%25D9%2584%25D9%258A%25D8%25A9-%25D8%25AA%25D8%25B3%25D8%25AA%25D8%25A8%25D8%25B9%25D8%25AF-%25D8%25AA%25D8%25B7%25D8%25A8%25D9%258A%25D9%2582-%25D9%2585%25D8%25B4%25D8%25B1%25D9%2588%25D8%25B9-%25D8%25AD%25D8%25B0%25D9%2581-%25D8%25A7%25EF%25BB%25BB%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1-%25D8%25A7%25D9%2584%25D8%25AB%25D9%2584%25D8%25A7%25D8%25AB-%25D8%25AE%25D9%2584%25D8%25A7%25D9%2584-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25A7%25D9%2585%25D9%258A%25D9%2586-%25D8%25A7%25D9%2584%25D9%2585%25D9%2582%25D8%25A8%25D9%2584%25D9%258A%25D9%2586.html&usg=ALkJrhiBlFLG5FQw08r2IOjrLomicK8NgQ
Thursday, January 1 262 013
Parliamentary Finance Committee has ruled out the application of the project to delete the three zeroes from the currency during the next two years because it would cause confusion for the Iraqi economy and increasing inflation rates of the country 'by Ray Committee
The deputy chairman of the Commission Ahmed Faizullah said in his statement: the project to delete the three zeroes from the currency during the current period will cause upheaval for the economy and increases the rates of inflation in the market through the issuance of currencies with multiple categories, indicating that the central bank may re-consider the project as he refrained from applying it.
He added that the project is large and sensitive to the needs and financial and economic stability in the country, so the Iraq during the current period and even the next few non-triggering of the implementation of the project in spite of expectations to suggest that applied during the next two years.
The CBI announced his intention not to implement the project to delete the three zeroes from the currency early next year, stressing that the deadline to apply is still iffy.
The previous administration of the Central Bank announced that the date of implementation of the project will be the beginning of the year 2014.
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://albariqnews.com/index.php/2013-09-17-09-11-12/item/4542-%25D8%25A7%25D9%2584%25D9%2584%25D8%25AC%25D9%2586%25D8%25A9-%25D8%25A7%25D9%2584%25D9%2585%25D8%25A7%25D9%2584%25D9%258A%25D8%25A9-%25D8%25AA%25D8%25B3%25D8%25AA%25D8%25A8%25D8%25B9%25D8%25AF-%25D8%25AA%25D8%25B7%25D8%25A8%25D9%258A%25D9%2582-%25D9%2585%25D8%25B4%25D8%25B1%25D9%2588%25D8%25B9-%25D8%25AD%25D8%25B0%25D9%2581-%25D8%25A7%25EF%25BB%25BB%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1-%25D8%25A7%25D9%2584%25D8%25AB%25D9%2584%25D8%25A7%25D8%25AB-%25D8%25AE%25D9%2584%25D8%25A7%25D9%2584-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25A7%25D9%2585%25D9%258A%25D9%2586-%25D8%25A7%25D9%2584%25D9%2585%25D9%2582%25D8%25A8%25D9%2584%25D9%258A%25D9%2586.html&usg=ALkJrhiBlFLG5FQw08r2IOjrLomicK8NgQ
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