Calls for the implementation of the parliamentary Finance deletion of zeros instead of issuing large categories

[yota691]

Calls for the implementation of the parliamentary Finance deletion of zeros instead of issuing large categories

23/05/2015

 
 
BAGHDAD / JD / .. the parliamentary finance committee demanded, the central bank is implementing a project to delete the three zeroes from the currency, rather than issuing new editions of major categories.
A member of the committee MP Abdul Qader Mohammed Omar told / JD /: "The central bank plans to issue new editions of major categories of 50 000 dinars and 100 dinars for, while the project to delete the three zeroes from the currency delayed its implementation until further notice."
He added: "The project to delete the zeros is the best of the issuance of new editions under the current circumstances", calling for the implementation of deleting three zeros to restructure the local currency and to reduce the money supply in the country, "./ ended / 8 /

[hammer911]

Well, that seems pretty much black and white on the reducing the money supply!!!!

[gregp]

Yup. This totally explained everything. Delete the zeros means get rid of the large notes, and issue smaller denoms. Great article. Thanks.

[yota691]

 

23/05/2015 18:07

Deletion of zeros large cash alternative categories

 

 

 

The parliamentary finance committee demanded, the central bank is implementing a project to delete the three zeroes from the currency, rather than issuing new editions of major categories.

BAGHDAD / Obelisk: the parliamentary finance committee demanded, the central bank is implementing a project to delete the three zeroes from the currency, rather than issuing new editions of major categories.

A member of the committee MP Abdul Qader Mohammad Omar, in a statement I followed "obelisk", that "the central bank intends to issue new editions of major categories of 50 000 dinars and 100 dinars for, while the project to delete the three zeroes from the currency delayed its implementation until further notice."

He added: "The project to delete the zeros is the best of the issuance of new editions under the current circumstances", calling for the implementation of deleting three zeros to restructure the local currency and to reduce the money supply in the country. "

[sandfly]

I SAY GO FOR IT THANKS YOTA

[chinadawg]

Just as I have said all along..................you still don't believe in smoke and mirrors ?

[yota691]

 

 

 

Parliamentary Finance Committee calls for the central bank to delete the zeros

 

23-05-2015 03:15 PM 
Number of Views: 5

 

 

Iraq today

The parliamentary finance committee the central bank demanded the implementation of the project to delete the zeros of the three of currency instead of issuing new editions of major categories. A member of the committee MP Abdul Qader Mohammed Omar that 'the central bank plans to issue new editions of major categories of 50 000 dinars and 100 dinars for, while project to delete the three zeroes from the deferred currency implemented until further notice '. He added: 'project to delete the zeros is the best of the issuance of new editions under the current circumstances, calling for the implementation delete the three zeroes to restructure the local currency and to reduce the money supply in the country'.

[gregp]

Just as I have said all along..................you still don't believe in smoke and mirrors ?

Maybe there's some hope in that there sand.

[10 YEARS LATER]

Quit talking about it . . . just do it !

 

12 years of being dragged thru the weeds is so old now.

[blueskyline]

Thanks for so much Yota! DOOOOO ITTTTT. !!!!!!!!

[skeetdog]

Thanks Yota....Is that smoke and mirrors or just smoke in the mirrors...They might be a need for a commercial  and domestic side of this deal...

[WheresmyRV?]

Quit talking about it . . . just do it !

 

12 years of being dragged thru the weeds is so old now.

Amen!!  Stop flapping your gums Iraq and just freaking DO IT!!!

[10 YEARS LATER]

Amen to that WheresmyRV . . . " ENUFF IS ENUFF "

[Laid Back]

The never ending story of the 000's

Soon

[newbieDA]

Since no has said this, I will cause it sorta funny, I believe this guy is saying the CBI is lying about these new categories and is really just going to deleting all 3 zeros JMHO

[k98nights]

 

Calls for the implementation of the parliamentary Finance deletion of zeros instead of issuing large categories

23/05/2015

 

BAGHDAD / JD / .. the parliamentary finance committee demanded, the central bank is implementing a project to delete the three zeroes from the currency, rather than issuing new editions of major categories.

A member of the committee MP Abdul Qader Mohammed Omar told / JD /: "The central bank plans to issue new editions of major categories of 50 000 dinars and 100 dinars for, while the project to delete the three zeroes from the currency delayed its implementation until further notice."

He added: "The project to delete the zeros is the best of the issuance of new editions under the current circumstances", calling for the implementation of deleting three zeros to restructure the local currency and to reduce the money supply in the country, "./ ended / 8 /

 

http://www.dananernews.com/News_Details.php?ID=5771

[Officiallytook]

I feel the momentum

[MyLadiesDaddy]

And who is this guy?

 

Abdul Qader Mohammed Omar

 

 

Search

Search for : Search Category :   Meetings Visits Activities Hosts Interrogations Law Suggestions Law Legislations Hearing Sessions     Select Date : From : To :       No Results Available

http://ar.parliament.iq/LiveWebsites/English/Committees/Temp1/Search.aspx?ComLiveID=58&Theme=DarkBlue&Search=Abdul+Qader+Mohammed+Omar

 

I googled him and can't seem  to find anything on who he is. 

 

I searched the Iraqi parliament site and don't see his name as a MP. 

[eburt]

What a mess

[drj]

Just as I have said all along..................you still don't believe in smoke and mirrors ?

 

You have said it all along, chinadawg.  Kudos to you!  

[Officiallytook]

LoL who's the neg police

[SocalDinar]

And these OLD posts are also what you have been saying for a long long time. 

 

 

 

“I'm damn sure no guru and not even very smart.....but my weak mind tells me the next 7 days maybe the best window we have been in as far as some type of added value to the dinar.”

“all eyes on saturday !”

 

“What we will look for on sunday is ..can the banks customers do international wire transfers ?..............if so then they must be convertible.....................this is what we are looking for.”

 

“Just relax, it is a positive statement, although it is an opinion piece it is clearly a positive opinion, he is saying the dinar you hold would be worth 1 usd each..................NO LOP.”

 

we are as good as in the bank, standing at the front door waiting for the manager to unlike and lets us in............think i will have another cigar while we patiently wait...

Abadi is saying to the people, get ready for changes, things you have never seen before...........property taxes...........car taxes......travel taxes..........he is simply planting seeds in the minds of his peeps what is coming, IMO, they must have the increase in the value of the dinar before they see the new taxes.

IMO, you will see a reality rate before the budget, the budget will need the rate........all of this looks very much in line to me.

 

perfect timing............Shabbs is back...............oil is in the toilet..........usd is strong.....................Maliki is nuetered.........Abaidi has set an inclusive gov...............everyone is willing to share and share alike.......stabilty is much improved...........laws all in one basket.............the stars are  lining up for bright NEW YEAR.

THE ARTICLE said next year............I believe the islamic new year starts oct 24th............I'm still feeling good about OCTOBER.

Edited May 24, 2015 by SocalDinar

[WheresmyRV?]

Don't know who negged you newbieDA but I evened you out.

[newbieDA]

sticking with the group here, alot of "smoke and mirrors" going on

 

originally when I did some research on the 50k note, I found they had to delete the zeros first, they were even saying the 50k note was going to be marked as a 50

 

so we go in "Show Me" mode

[chinadawg]

And these OLD posts are also what you have been saying for a long long time. 

 

 

 

“I'm damn sure no guru and not even very smart.....but my weak mind tells me the next 7 days maybe the best window we have been in as far as some type of added value to the dinar.”

“all eyes on saturday !”

 

“What we will look for on sunday is ..can the banks customers do international wire transfers ?..............if so then they must be convertible.....................this is what we are looking for.”

 

“Just relax, it is a positive statement, although it is an opinion piece it is clearly a positive opinion, he is saying the dinar you hold would be worth 1 usd each..................NO LOP.”

 

we are as good as in the bank, standing at the front door waiting for the manager to unlike and lets us in............think i will have another cigar while we patiently wait...

Abadi is saying to the people, get ready for changes, things you have never seen before...........property taxes...........car taxes......travel taxes..........he is simply planting seeds in the minds of his peeps what is coming, IMO, they must have the increase in the value of the dinar before they see the new taxes.

IMO, you will see a reality rate before the budget, the budget will need the rate........all of this looks very much in line to me.

 

perfect timing............Shabbs is back...............oil is in the toilet..........usd is strong.....................Maliki is nuetered.........Abaidi has set an inclusive gov...............everyone is willing to share and share alike.......stabilty is much improved...........laws all in one basket.............the stars are  lining up for bright NEW YEAR.

THE ARTICLE said next year............I believe the islamic new year starts oct 24th............I'm still feeling good about OCTOBER.

 

That's ok SD.....WHAT I STATED WERE THINGS THAT NEEDED TO HAPPEN AND HAS AND IS CONTINUING TO HAPPEN, AND ALTHOUGH THE DATES DID NOT HAPPEN I still remain optimistic, I just prefer sunshine instead of your cloudy rainy world you enjoy an like to share with others.