Kirkuk is considering solving the problem of currencies "shabby" and is working on the application of labor smart card

Iraqi banknotes damaged



24/11/2014 14:38



Long-Presse / Kirkuk



Management confirmed the province of Kirkuk on Monday, it was studying coins problem "dilapidated" which is distributed to employees and retirees in the province and is working to resolve them, while confirming that it would work on the application of the smartcard system for departments across the province and to facilitate financial transactions.

He said the technical aide to the governor of Kirkuk Ali Hammadi said in an interview to, (long-Presse), "The conservative studied, Monday, coordination with the major banks to maintain a (Rafidain and Rasheed) to resolve the problem of coins dilapidated distributed to employees and retirees in the province for the purpose of ensuring facilitate grant Currency trading and financial monetary denominations of 250, 500 and 1,000 dinars and work to replace the crumbling currency and facilitate financial transactions and ensure you get the new currency and creaking transport them to Baghdad. "

And Hammadi added that "this measure would solve the problem of processing salaries of retirees and employees who get through banking offices or banks on their salaries but the old currency which is difficult for them discharged Btdaullachm daily and for quality assurance currencies processed solve the problem."

Hamadi said that "Kirkuk province is working on the application of the smartcard system for departments across the province, a circle of 64 to contribute to the deployment of e-business culture and to facilitate financial transactions."

The Central Bank of Iraq, has been criticized in the (06/09/2014), government banks to be delivered "stale and obsolete banknotes" for state employees, and with the exception of it as "a difficult chance of the market cleaning" of trading these securities, called on banks to "pay the salaries staff of modern printing currency. "

The CBI attributed, in (October 11, 2013), the existence of scarcity in the small category of good paper currencies in the markets to the weakness in the mechanism damaged receipt, and pointed out that "careful" not to treat citizens or markets, damaged currency, because it works on replaced constantly, while confirmed having great chagrin of those valid currency is ready to put up for trading.

It is noteworthy that the proliferation of damaged or desolated currency has become a nuisance to many citizens, traders and taxi drivers, because they bothered to deal with any banknotes cut or connected to, as well as that this phenomenon has imposed itself on the circulation of people and led them to accept the deal damaged currency To keep their jobs well.

It is noteworthy that the smartcard in the Iraq regime seemed the end of 2008, to facilitate the payment of salaries and monthly deduction fits the card holder out of his salary so that he can save the rest in his account, and includes an integrated personal information utilized in the elimination of fraud in the receipt of salaries, adopted two years card In the past two pensions of civilian and military distribution, and covered by social protection network.


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