Sunday, 4 September 2011
He said a member of the Finance Committee in the House of Representatives Ibrahim al-Mutlaq said the process of removing the zeros from the Iraqi currency, which will be released for circulation would not affect the citizen and not have effects on trade and financial transactions daily.
“The coming months will see the introduction of the new currency for circulation, and that the Finance Committee, experts and the Ministry of Finance discussed all the means that would not affect the process of removing the zeros, the citizens’ income, or money, or owned by, or on the economic side in the daily dealings.”
He said the Attorney-Mutlaq of the Iraqi List, “There are a number of mechanisms proposed to begin this process, but the Finance Committee wants to be the best application of this matter.”
He explained: “The process of withdrawal of currency from the current citizens will take the time to take two or three years, so there is no fear of this thing.”
He was adviser to the CBI the appearance of Mohammed Salih said that the deletion of zeros from Iraqi dinar is part of the currency reform of management system in preparation for the next phase, indicating the completion of preparations for the implementation of the project to delete the zeros of the Iraqi currency.
http://bit.ly/pK9Bf4
