The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement that the process of deleting the zeros integrated project for the infrastructure and the creation of complete Basesha and concepts “
.. adding:” The project differs from the issuance of a new class of currency, and result in other things in addition to the deletion of zeros including the deletion of three ranks of calculation from the accounts of the Republic of Iraq starting from the family budget and ending the public budget of the State “.
Saleh continued: “The central bank suggested that the heal of the Commission of a decision of the House of Representatives and the Iraqi government and the Central Bank, decide the start date by deleting the zeroes.
Also said the project involves the logic of scientific economic and all those concerned in the government’s support of this project and there was no one against him.”
The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and currency exchange rates, pointing out that the current formed a cluster of large cash estimated at 30 trillion dinars.
CBI denies meddling in the political
Iraqi Central Bank denied reports Wednesday that attributed to him that the relationship between him and the government are Balillabih, stressing that his work does not include professional political issues.
The deputy governor of the Bank told the appearance of Mohammed (UR) that “the reports that quoted me as the relationship between the CBI and the government Balillabih news is not true.” He also explained that “the work of the Iraqi Central Bank related to professional economy is not included in political issues.”
It was a lot of the political parties had warned the federal government’s attempt to link the central bank to be considered by an independent institution.
And seeks the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign currency reserves and the organization of the banking sector.