Member of the Committee on economy: Central Bank of Egypt to implement project delete zeros despite calls delayed

[alan_coaks_3]

5 - 31 - 2012

Economic Committee member confirmed Deputy/Iraqi/coalition, determination albegari Noora Central Bank to implement the draft deleted three zeros from the currency early next year despite calls for postponement, noting that he agreed in principle with corporate promotional currency and typographical errors.

She albegari (News Agency news) on Thursday: the Central Bank prepared a comprehensive study on the three zeros deleted project where its pros and cons of the project and handed over to the Commission and the House's economic ministers to look at the relevance of the project to the Iraqi economy.

She added: the Central complete all procedures related to the project and began a phase of negotiation and agreement in principle with corporate promotional to advertise the project and other companies for printing the new currency, noting that the Central Bank would not reveal the nationalities of the companies that will agree with them for the implementation of the project.

She: you must carefully before applying so large project because affect the national economy directly in terms of both its pros and cons, especially that Iraq today is in conditions of unstable politically and economically.

Albegari: noted that the project had been exploited by the weak souls admitted counterfeit currency could create confusion in the economic process of the country.

She is a member of the Commission on the economy: Central Bank of Egypt to implement the project early next year, despite objections to implementation and governmental claims to wait.

The Central Bank of Iraq was announced (September 29, 2011) to 2013 will delete the zeros and the currency changeover, which warned officials and economists because of its work preparing for faking maviat trillion Iraqi dinars in light of upcoming changes for a replacement.

With the Central Bank of Iraq accused the Government of obstructing the monetary reform and vowed to prosecute because it shows the financial interests of the country risk.

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[yota691]

Central Bank of Egypt on a project to delete the zeros postponed despite calls

31/5/2012 | (Voice of Iraq) - add comment -

Baghdad (news) confirmed member of the Economic Committee MP for the coalition in Iraq Nora Albjara, Central Bank's determination to implement the project to delete the three zeroes from the currency early next year, although there are calls for a postponement, saying he had agreed in principle with the companies advertising and typographic currency. said Albjara (of the Agency news news) on Thursday: The Central Bank has prepared an integrated study for the project to delete the zeros of the three and put the cons of the project and the pros and handed over to the Economic Committee in the House and Minister for the importance of the project for the Iraqi economy. She added that the central Complete all procedures related to the project and began phase of negotiation and agreement principle with the companies advertising to announce the project and other companies for the printing of new currency, noting that the central bank will not reveal the nationalities of the companies that will sign with them to implement the project. said: You should carefully before applying so large project because it affects the national economy directly in terms of both its advantages or disadvantages , in particular, and that Iraq today is going through politically unstable and economically. noted Albjara: that the project could be exploited by the weak-minded people their detention, fraud can occur confusion in the economic process of the country. The Member of the economy to: Central Bank of Egypt on the implementation of the project in early next year, although there are objections to its implementation and calls for government to wait it. The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and replacement of the currency, which warned him, officials and economists because of the presence of mafias currency is preparing to rig the trillions of Iraqi dinars to replace them in the light of the upcoming changes. as the CBI accused the government agencies to disrupt monetary reform and vowed that it was persecuting the interests of the country's financial risk.

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