On: Sun 10/09/2011 14:22
Najaf (news) .. The director of the Rafidain Bank branch of Muslim bin Aqeel in the province of Najaf that the process of deletion of zeros from the Iraqi currency will contribute to support and stimulate economic activity in the country.
Abboud said student Hussein, a reporter for the Agency (news) on Sunday: “The mass cash burdened the national economy, prompting the CBI to conduct a study of the economic situation of Iraq and the study found the need to raise zeros from the Iraqi currency, especially as this process would contribute greatly to the revitalization of the national economy.
He pointed out: that most countries adopted the policy of lifting the zeros from the currency to stimulate the economy, and raising the currency exchange rate with which it deals. and counting Hussein opening banks Iraqi civil step good in the right direction as long as under the control of the Iraqi Central Bank.
On the other hand adopted the Director of the Rafidain Bank branch of Muslim bin Aqeel the existence of a delay in the process of granting advances to employees due to the procedures followed by government banks in the country, including banks, Rafidain and Rashid, said that these measures were to ensure the right of the state and not confuse the government banks.
http://bit.ly/n58uGd
