Wednesday, June 13, 2012

The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament ...

06/13/2012

The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament.

The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement that the process of deleting the zeros integrated project for the infrastructure and the creation of complete Basesha and concepts ".. adding:" The project differs from the issuance of a new class of currency, and result in other things in addition to the deletion of zeros including the deletion of three ranks of calculation from the accounts of the Republic of Iraq starting from the family budget and ending the public budget of the State ".

Saleh continued: "The central bank suggested that the heal of the Commission of a decision of the House of Representatives and the Iraqi government and the Central Bank, decide the start date by deleting the zeroes. Also said the project involves the logic of scientific economic and all those concerned in the government's support of this project and there was no one against him."

The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and currency exchange rates, pointing out that the current formed a cluster of large cash estimated at 30 trillion dinars.


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