Shabibi, Iraq Parliament Finance Committee Discuss Deleting the Zeros Project

Posted: August 21, 2011 in Iraqi Dinar/Politics
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Finance Committee meets Iraqi Central Bank Governor

Sunday August 21, 2011

Met Haider Abadi, head of the Finance Committee on Tuesday, 16/8/2011 Mr. Shabibi central bank governor, and also discussed the project to delete the zeros of the Iraqi dinar and the reasons and legal requirements and accounting and procedural preparations conducted by the Central Bank of the process of printing, transporting and distributing the new currency as well as the role of the Finance Committee in support of this project.

For his part, Shabibi that the new currency attributes are difficult to falsify in addition to the fortifications that put the new currency and explained that the project if implemented will enhance the Iraqi dinar exchange rate against foreign currencies.

At the end of the meeting, both sides agreed to hold further meetings to continue discussions on the project.

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