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Iraq delayed delete zeros currency to 2014 because "not initialized"


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7 - 14 - 2012

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Twilight news/revealed the Finance Committee in the House, Saturday, postponed delete zeros of the Iraqi currency, the Central Bank intended to launch in 2014.

She is a member of the Finance Committee in Parliament MP Magda Abdel Latif for "twilight news" that "the deletion of zeros from the Iraqi currency and that it was hoped to begin in the coming year will wait to 2014". The request came from the Cabinet Secretariat, Economic Chamber, Chamber belief that Iraqi environment currently unprepared for this operation. "

AE said that "the Finance Committee was with this request and there is a series of measures must be taken to ensure a high-quality currency."

"Must take a series of measures to prevent fraud and updated previous experience."

Deputy Central Bank Governor Mohammad Saleh appearance, had earlier, currency and switch to delete zeros will not be completed this year, delivery will take approximately two years.

Saleh said "preparations and preparations for the changeover and delete zeros started more than a year and will take about two years."

He said the completion of the project is the improvement of payments and facilitate trading in currency that will process the exchange of currency and improve its value in the domestic and global market, denying any effects caused on the standard of living of the individual.

Little house Finance Committee revealed for "twilight news, earlier this month, prompting Prime Minister Nouri al-Maliki for the Central Bank to wait to delete the zeros of the Iraqi currency, noting the presence of several foreign companies vying for printing the new currency

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Delete the zeros will come when maliki goes. At least I hope so. Many will say how can just one man hold up a whole country well that's all I can see in this whole situation. Everything needed for Shabibi to move forward has to do with all the things Maliki will "NOT" do.

I don't see this article being quite true. If it is, you can bet on world collapse as a planned program. It's beginning to look like that. Sorry, going on a tangent again.

Edited by uncirculd
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