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Deputy: the balance would amount to 300 billion dollars in 2015


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6 - 27 - 2012

Economic Committee decision likely Deputy/Kurdish blocs Coalition/mohama Khalil, to balance the 2015 (300) billion dollars why pressing necessity of application of the draft deleted three zeros from the local currency to reduce the money supply in circulation.

He said Khalil (News Agency news): the Iraqi economic environment you need to restructure local currency by deleting three zeros to the future to increase revenues Iraq from oil sales will be balanced over the next three years to 300 billion dollars.

Was: this figure is large and difficult work to accountants how to distribute the funds to add paragraphs next to large budgets the size of cash raised amounting to 33 trillion dinars, which confuses economic activity in the country.

He added: you shouldn't be applying the draft deleted subject to immediate circumstances zeros of the country being a project no matter what fixes Iraqi currency structure, implemented at the beginning of next year to help to transform the national economy to the free market and give the real value of the Iraqi dinar's future in the region.

The Central Bank of Iraq was announced (September 29, 2011) to 2013 will see the deletion of zeros and the currency changeover, which warned officials and economists because of the Division of work preparing to falsify trillion Iraqi dinars to replace them in the light of the forthcoming changes.

The Student Council of the Prime Central Bank to wait to delete the three zeros from the local currency, confirmed that a large project and needs sufficient time to apply it.

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this is what they would end up with if they just deleted 2 zeros instead of three .. it would be around a one penny rv ..or 10 grand per million ... ive made this argument before about only deleting 2 or even one zero... they dont have to delete 3 zeros .. they can delete one or 2 or 3 ...zeros .. i was hoping for only one zero ......that would give iraq around 2 point 5 ....ta ... 3 trillion dinars ... worth a buck each .. it would be a perfect scenario .. for military spending infrastructure .. and the rest of govt spending as well as private sector money circulating in iraq .. rv the dang thing one zero at a time already .. push the dang button... one zero 2 zeros ... but not 3zeros .. and bring the value to a dollar per dinar ..... 100 dinars for a dollar ... 10 dnars for a dollar .. but not a thousand dinars for a dollar ..

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