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Delete the three zeroes from the Iraqi work you will warp the Iraqi economy


yota691
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Delete the three zeroes from the Iraqi work you will warp the Iraqi economy

18/01/2012

The Iraqi news agency Independent / about hosted the financial position indicated the National Alliance MP Baqir Jabr Al-Zubaidi that he and when he was Minister of Finance that there is inflation, "significant" witnessed the Iraqi economy reached to 3 per ten, and remained that inflation stuck "in the structure of the economy by 8 per ten which is the then supposed to stand for long "and appointed by the major economic problem. The same problem and suspended the Iraqi economy dragged him to the random occurrence of this inflation, the Central Bank of Iraq proposed the abolition of three zeros from the Iraqi dinar comes to put the Iraqi dinar in the right place by the Bank of Iraq.

However, the economists looked at the accountability on the part of another without that hide their warnings that deletion of three zeros need to stabilize the security, political and economic order which is verified now. "

In addition to the cancellation of three zeros, the process of switching the currency reform would Currency management system and facilitate its use as the deletion process which seems That the Central Bank of Iraq from Egypt would shorten the number of banknotes of four billion and paper, which is equal to 30 trillion dinars exist in the Iraqi market to one billion and 800 million paper ...

Economists stressed that the view of the Iraqi Central Bank of the currency exchange will not affect the per capita income or wealth, or its contractual obligations.

Out of that many talk about the deletion of zeros from the currency was the cause of "direct" the lack of stability of the market as the main reason for the fluctuation of prices of goods and foodstuffs in local markets due to the frequent talk about the project to delete the three zeroes from the currency mm led to a situation of chaos in the merchant Iraq and the Iraqi economy and because since the U.S. occupation of Iraq lived in the instability was not subject to the characterization of specific descriptions of the world market has been living confusion "economically" the absence of studies with economic strategy That would assess the situation of the market for Iraq after the exacerbation of inter alia, the following import policy Random and the country's transition from one product to the consumer.

In this regard, said a member of the Finance Committee in Parliament Najiba Najib that the project to delete the zeros from the currency does not lead to the strengthening of the Iraqi dinar The foreign currency, saying it is only a matter of formality to re-structure of the currency ... but it will make it easier for banks, banks, merchants and owners of large sums of money transfer money from one place to another is the opposite of what it is now the currency that they are replacing the current foreign currency ...

So, the aim of the project to delete the zeros of the Iraqi currency is to re-structure of the currency and make it more heavily traded "by investors and Iraqi banks and stay away from trading in foreign currency that the process of deletion of zeros is the process not just a transfer of numbers or delete them as much as a project affecting and affected other words, they need to what the future work away "from the financial fallout that would accompany the project and its aim.

It is imperative Studied in detail the pitfalls and the shield is to stand on the negative and positive aspects and the need to raise awareness of the citizen through the media about how to use an alternative currency.

After the conduct of the Iraqi economy in the way of sputtering due to the absence of practical solutions, the government is also expressed willingness to really delete the zeros in the currency as a step towards improving the purchasing power of the Iraqi dinar, which reduced the importance of economic experts, considering that the cost of raising the zeros will be greater than the benefit expected from the lifting of the zeroes ...

It remains the view that says that Iraq is a country rich in natural resources and has a great day, but we need to regulate the administrative, economic, and better in addition to a strong proclamation overrides and economic agenda Valid than What exists today On the political agenda and factional and party quotas as well as the cooperation of all for the advancement of the country and raise the standard of living of citizens.

http://translate.googleusercontent.com/translate_c?hl=en&prev=/search%3Fq%3Dhttp://www.ina-iraq.com/news/political/5901.html%26hl%3Den%26biw%3D1067%26bih%3D433%26prmd%3Dimvns&rurl=translate.google.ca&sl=ar&u=http://www.ina-iraq.com/news/ektesad/9826.html&usg=ALkJrhiqRAmBFaSm_Grr6hwdUyJ7uInr_Q

Edited by yota691
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Well I think this guy has called the CBI out. This guy also feels this way . The value of Iraqi dinar against the U.S. dollar exchange rate

08/01/2012 11:29:00

The independent Iraqi news agency / Baghdad / p. X ... A member of a coalition of state law, the Attorney Haitham Jubouri that the Iraqi currency Recent big fluctuations experienced a significant decline in the price of the Iraqi dinar against the U.S. dollar and the economic disaster that threatens to inflict damage to all citizens and called the Central Bank to work to raise the value of Iraqi dinar against the U.S. dollar exchange rate.

He Jubouri reporter (independent Iraqi news agency) that the central bank should take its role in this matter as the issue price of the dinar based on supply and demand and therefore must move toward maintaining the value of Iraqi dinar and U.S. dollar equivalence.

He added that it is necessary Jubouri do no harm to the Iraqi dinar and the national economy as a whole. Before the adoption of the budget in 2012 of the budget to be determined properly.

He pointed out that the currency fluctuation prices bear the central bank and traders ...

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Well I think this guy has called the CBI out. This guy also feels this way . The value of Iraqi dinar against the U.S. dollar exchange rate

08/01/2012 11:29:00

The independent Iraqi news agency / Baghdad / p. X ... A member of a coalition of state law, the Attorney Haitham Jubouri that the Iraqi currency Recent big fluctuations experienced a significant decline in the price of the Iraqi dinar against the U.S. dollar and the economic disaster that threatens to inflict damage to all citizens and called the Central Bank to work to raise the value of Iraqi dinar against the U.S. dollar exchange rate.

He Jubouri reporter (independent Iraqi news agency) that the central bank should take its role in this matter as the issue price of the dinar based on supply and demand and therefore must move toward maintaining the value of Iraqi dinar and U.S. dollar equivalence.

He added that it is necessary Jubouri do no harm to the Iraqi dinar and the national economy as a whole. Before the adoption of the budget in 2012 of the budget to be determined properly.

He pointed out that the currency fluctuation prices bear the central bank and traders ...

"...maintaining the value of Iraqi dinar and U.S. dollar equivalence" I'll take the equivalence.rolleyes.gif Great Post! Time to stand-up and make yourself heard!

R.O.

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Thanks for the post

I thought I would try a different translation to see if it is worse, better or the same. I am curious as to opinions please. It seems to be a little different.

Assess the financial position of the National Alliance Deputy said Baqer said al-Zubeidi algebra, while the Finance Minister said there was "significant" inflation in the Iraqi economy reached ten, and inflation remained "stuck in the structure of the economy by 8 to 10 which was supposed to stand and then a long" appointed by the great economic problem. The same problem and commented to the Iraqi economy from this occurs involving random inflation, the Central Bank's proposal to cancel three zeros from the Iraqi dinars for Iraqi dinars is misplaced by the Bank of Iraq.

However, economists considered to accountability on the part of another without that hide their warnings to delete three zeros need to stabilize the security and political and economic order which is currently unrealized. "

Besides the cancellation of three zeros the rotation currency would reform the system of currency management and ease of use so that the deletion which seems to be the Central Bank of Iraq Egypt it would shorten the number of banknotes from four billion paper that is equal to 30 trillion dinars in Iraqi markets to billion to 800 million paper ...

Economists stressed that the Central Bank of Iraq of the changeover will not affect the per capita income or wealth or contractual obligations.

A frequent talk about deleting zeros from the currency was a "direct" market instability as the main reason of volatile commodity prices and food in local markets due to frequent talk about draft deleted three zeros from the currency mm led to chaos in the Iraqi merchant because the Iraqi economy and since the US occupation of Iraq lived in instability and subject to a specific markup between descriptions of global markets has been economically "Live Jam" with the absence of economic strategic studies That would rectify the situation of the Iraqi market after further, inter alia, pursue a policy of indiscriminate import and transform the country from a producer to a consumer.

In this regard the Parliament's Finance Committee member Najib Risalat that draft deleting zeros from the currency does not strengthen the Iraqi dinar currency either was a mere formality for restructuring currency ...But that would make it easier for banks and banks, traders and owners of large amounts of money transfer from one place to another, contrary to what is now the current currency that they were replaced with foreign currency.

Therefore the goal of deleting zeros from the currency is currency restructuring and more heavily "by Iraqi banks and investors away from foreign currency trading that deleting zeros is the process is not simply move or delete the numbers as they draft both affect and be affected by other words they need to work out future" on the financial implications that would accompany the project purpose.

It is imperative to study in detail his pitfalls and identify positive and negative aspects and the need for citizen awareness through the media about how alternative currency and use.

After the conduct of the Iraqi economy by stumbled due to the absence of practical solutions, but the Government also wanted the truth to delete zeros in currency as a step towards improving the purchasing power of the Iraqi dinar, which reduced the importance of economic experts saying the cost of raising the zeros will be the biggest benefit of raising zeros ...

And keep the view that Iraq is rich and possessed significant natural wealth but today need to regulate administrative, economic and better in addition to a strong shot and correct economic agenda than what exists today on the political agenda and the allocation of categorical and party as well as the cooperation of everyone to the advancement of the country and raise the standard of living of citizens.

http://www.microsofttranslator.com/?ref=TThis&from=ar-SA&to=en-US

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Well I think this guy has called the CBI out. This guy also feels this way . The value of Iraqi dinar against the U.S. dollar exchange rate

08/01/2012 11:29:00

The independent Iraqi news agency / Baghdad / p. X ... A member of a coalition of state law, the Attorney Haitham Jubouri that the Iraqi currency Recent big fluctuations experienced a significant decline in the price of the Iraqi dinar against the U.S. dollar and the economic disaster that threatens to inflict damage to all citizens and called the Central Bank to work to raise the value of Iraqi dinar against the U.S. dollar exchange rate.

He Jubouri reporter (independent Iraqi news agency) that the central bank should take its role in this matter as the issue price of the dinar based on supply and demand and therefore must move toward maintaining the value of Iraqi dinar and U.S. dollar equivalence.

He added that it is necessary Jubouri do no harm to the Iraqi dinar and the national economy as a whole. Before the adoption of the budget in 2012 of the budget to be determined properly.

He pointed out that the currency fluctuation prices bear the central bank and traders ...

This following so i don't get folks confused is incorrect, I got ahead of myself The value of Iraqi dinar against the U.S. dollar exchange rate

08/01/2012 11:29:00

The independent Iraqi news agency / Baghdad / p. X ... A member of a coalition of state law, the Attorney Haitham Jubouri that the Iraqi currency Recent big fluctuations experienced a significant decline in the price of the Iraqi dinar against the U.S. dollar and the economic disaster that threatens to inflict damage to all citizens and called the Central Bank to work to raise the value of Iraqi dinar against the U.S. dollar exchange rate.

He Jubouri reporter (independent Iraqi news agency) that the central bank should take its role in this matter as the issue price of the dinar based on supply and demand and therefore must move toward maintaining the value of Iraqi dinar and U.S. dollar equivalence.

He added that it is necessary Jubouri do no harm to the Iraqi dinar and the national economy as a whole. Before the adoption of the budget in 2012 of the budget to be determined properly.

He pointed out that the currency fluctuation prices bear the central bank and traders ...

I do feel he called the CBI out. sorry miss paste.

Edited by yota691
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