Resan: the economic situation is not appropriate to delete the zeros
BAGHDAD / Baghdadiya News / commented .. Member of the economy and investment representative Abdul Hussein Resan to postpone the project to delete the zeros from the currency, that the economic situation is not suitable for such a change in the present time.
Husseini said in a statement received / Baghdadiya News / copy of which was Sunday, that “the process of removing the zeros from the currency is a change of form and value,” adding that “such a thing as the law requires legislation enshrined in the Constitution.”
He attributed it to Hosseini, “not to appropriate the economic situation of the country to such a change at the present time not to mention the lack of real reforms to the banking sector.”
The General Secretariat of the Council of Ministers has called to be patient in the case of deletion of zeros from the currency and change, arguing that the mere thought of the withdrawal of about 40 trillion dinars, storage and destruction needs a serious study of the subject.