**************************** You all better read this article it is talking about the Deletion of the Zero's

Economic parliamentary: Iraq in fund balance DFI reach 24 billion dollars

Editor Hussein gesture - Monday 20 October 2014 18:48



Alsumaria News / Baghdad

Committee revealed the economy and investment parliamentary, Monday, that the balance of Iraq in the DFI fund is $ 24 billion, as pointed out that the deletion of zeros from the currency will be in the next year.

The committee member said Jawad al-Bolani, during a press conference at the parliament building with members of the Economic Commission and attended by "Alsumaria News", that "the things that are discussed within the Commission stocks traded for the mass of cash was responsible central bank as well as the laws that help to develop the work of the Central Bank, which will be legislation include the Central Bank Act, banks and money laundering law. "

For his part, noted committee member Abdul Salam al-Maliki during the conference that "the Central Bank reserves reach 76 billion dollars in the fund DFI reach 24 billion dollars, while the currency traded in the market 40 trillion dinars," pointing out that "the deletion of zeros from the currency will be in the next year ".

The Committee on the economy and investment parliamentary announced on Monday, will host the central bank governor on the Keywords to discuss the issue of deletion of zeros and the fight against money laundering crimes and develop the work of private banks.

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Parliamentary Commission of Economy: Central Bank reserves of $ 76 billion and Snaakec three important laws

20/10/2014 15:54

Awan / Baghdad

Committee announced that the economy and investment representative, on Monday, she will discuss three important laws in the coming period, noting that the Central Bank reserves reached 76 billion dollars.

The committee member said MP Jawad al-Bolani told a news conference in the parliament building and attended "Awan", that "the coming period will witness the discussion of three laws after it came from the government is the Central Bank Act and the Banking Act and the Money Laundering Act," noting that these laws will support the work of banks. "

Bolani added, "We hosted the Governor of Central Bank of Iraq today and we discussed the issue of combating money laundering and the issue traded funds and the money supply in circulation and the laws that govern the operation of the central bank."


And between al-Bolani said "reserve currency from the central bank amounted to 76 and three hundred million dollars while the total volume of currency in circulation in the market 40 trillion dinars."



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Deletion of zeros from the Iraqi currency next year

B adenosis Iraq-Presse -20 October / October: the parliamentary Economic Committee announced after a meeting with the governor of the central bank, said on Monday that the deletion of zeros from the Iraqi currency will be next year.

The committee member said Abdul Salam al-Maliki at a joint news conference with the rest of its members held in the parliament building, and attended by the correspondent / Iraq Presse /, that "the Central Bank reserves 76 billion dollars and 24 billion dollars in the Development Fund for Iraq (dfi), and currency Almtdoualh in the market 40 million trillion, "adding that" According to these data, the deletion of zeros from the Iraqi currency will be possible next year, ".don that specifies the number of zeros that will be or deletes a specific date for it.

For his part, said committee member Jawad al-Bolani said "the Committee hosted, today, the central bank governor on the relationship and discussed with him the fight against money laundering crimes and develop the work of private banks." Pointing out that "the two sides discussed the assets traded within the bloc's monetary liability of the Central Bank as well as the laws that help to develop the work of the bank, which will include legislation and the Central Bank Law, banks, law and money laundering"


http://www.iraqpressagency.com/ar/archives/99575