Central Bank of the Tigris Radio: Do not have a financial surplus and delete the zeros of the draft Strategy

[carlablum]

Central Bank of the Tigris Radio: Do not have a financial surplus and delete the zeros of the draft Strategy

Central bank adviser said the appearance of good on Saturday that the project to delete three zeros from the Iraqi currency is designed to reform the system of currency.

He said good in a statement to Radio Tigris, "The currency system the current cost Iraq long years of release cash cheap", following "The aim of the strategic project, the initiation of three zeros from the currency is to regulate the circulation of cash, while maintaining the trading business and the purchasing power of citizens.

He added the appearance of good, saying:

Counsel at the Central Bank a statement to Radio Tigris denied the existence of a surplus in the central reserves of Iraq, according to the report of the U.S. bank accounting.

The good that "the money is in reserves and funds disbursed and obligations," denying that "the policies included in surplus by the Bank of U.S. accounting, which he described Balkhati logically and scientific."

He went on Good Radio Tigris said:

The Government Accountability Office of the U.S. Congress had said earlier there was a surplus exceeding 52 billion dollars to Iraq.

He said Finance Minister Baqir al-Zubaidi said the numbers given by the Office is divided into 40 billion dollars are currently in the reserve of the Central Bank, which is beyond the disposal of the government, there are 10 billion dollars at the disposal of the Government, an amount usually act at the beginning of each fiscal year to avoid problems on the new budget.

http://translate.goo...DbKw_6E71EHdygA

Edited September 18, 2010 by carlablum

[Teresa82]

hmmmmm, this is something that scooter needs to take a look at.This sounds like some sort of back peddling to me.

[SexyDinar]

hmmmmm, this is something that scooter needs to take a look at.This sounds like some sort of back peddling to me.

Yeah, it sounds like they didn't want the world to know about the surplus so they could keep on borrowing and delaying things! Well, the white rabbit is out of the hat now get your government formed and RV the currency you friggin idiots.

OR

The surplus had already been allocated to several private bank accounts as golden handshakes before the RV!!

Edited September 19, 2010 by SexyDinar

[bowling4dinars]

doesn't sound good. i think

[quadraph0nic]

Well it doesn't say who the person that is saying this but its probably the same muhammed saleh who is an "advisor" to cbi.

If I see a cbi article now, and the info like this is coming from an advisor or if it says saleh or "economist". Probably going to be negative.

Don't let this article get you down and expect to see more negative articles.

[Doc31]

Thanks for the post!

[Nelson0528]

Whelp, either way, Big bills are coming OUT of circulation! COme On RV - NO L0P!!