Saturday, September 10, 2011

Tomorrow ~ Sunday, Parliament to Discuss Deleting Zeros ~ Iraq Parliament will discuss deleting zeros from the larger notes ...


Link ~ VIDEO: IRAQ CURRENCY REVALUATION

Saturday, September 10, 2011

Representatives discuss deleting zeros currency on Sunday

Committee announced the economy and investment representative, Saturday, to discuss the project to delete the zeros from the currency with the current consultants and specialists on Sunday, indicating at the same time reject the project if it has proven negative consequences on the economy of the country.

The head of the economy and investment representative Ahmed al-Alwani, had announced earlier in the interview with "Twilight News" that his committee will be discussed with a number of consultants and specialists of the project submitted by the Central Bank, which provides for deletion of zeros from the current currency.

The Member of the economy and investment Nahida Daini in an interview with "Twilight News", to its "on Sunday will host the President of the Central Bank and a number of economic advisers and specialists to discuss the draft law to delete the zeros of the current currency."

Daini and showed that "the economic and investment commission will listen to the views of advisers and specialists in this regard and if there is evidence of fraud and corruption exploit some change in the currency, the Committee will announce its reservation on it."

Economists have warned Congress and the incidence of corruption and money laundering plans to influential figures within the government to do in case of changing the current currency, demanding a review and deliberation on this matter.

The Central Bank of Iraq began to discuss amending the categories of the dinar, last year, and is still a large part of the payments being in cash due to the evolution of the banking system.

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