On: Tuesday 17/7/2012 7:56
Baghdad (news) .. most likely a member of the Committee of Economy and Investment MP / National Alliance / Ibrahim Rikabi, the application of the deletion of the three zeroes from the national currency in the middle of next year and not in the beginning that the project needs to be enough time to study it for fear of the entry of counterfeit currency when implemented, He pointed out that the process of replacing the currency will continue (18) months.
Rikabi, (of the Agency news): Although the project to delete the zeros of the three important currency to reduce inflation happening in size, but there is concern about the presence of mafias to enter the counterfeit currency to replace the currency Vtm wait the project until putting in place mechanisms and plans for how to address these illegal operations. He added that the Economic Commission representative will host the central bank governor and two vice presidents and directors of sections for the purpose of standing on the latest preparations on the project to delete the zeros and the outcomes and recommendations stating that giving way to those who are trying to target the Iraqi currency by injecting currency counterfeit , as well as to determine the timeframe for the implementation of the project.
ruled out Rikabi: implementation of a project to restructure the Iraqi currency after deletion of zeros of the three of them at the beginning of next year, but may be in the middle for the purpose of giving enough time for those involved and specialists to study it in detail, stressing that the new currency will work with the old while A year and a half in order to pull the old currency to fully take the place of new.
and pointed out: that the shape of the new currency will take different colors reflect the civilization of Mesopotamia and symbols archaeological representing all shades of the Iraqi people. The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and switch the currency, which warned him, officials and economists because of the presence of mafias currency is preparing to rig the trillions of Iraqi dinars to replace them in the light of the planned changes. has called for the prime minister’s central bank to wait a project delete the three zeroes from the local currency, saying he was a big project and needs to be enough time to apply it.
Alternative translation:
Likely a member of the Committee on the economy and investment/National Alliance Deputy Ibrahim Al-Rikabi, applying draft deleted three zeros of national currency in the middle of next year and not at the beginning that the project needs to have sufficient time to study it for fear of counterfeit currency when its implementation, noting that the process of replacing the currency will continue (18) months.
Rikabi said (to news agency news): Although the three important project delete zeros for the currency to reduce inflation in size but there are fears of a Division to enter the counterfeit currency replace the currency project was to wait until the development of mechanisms and plans for how to deal with these illegal operations.
He added: the parliamentary Economic Committee will host the Central Bank Governor and his two deputies and managers for the purpose of identifying most preparations on the deletion of zeros and come up with conclusions and recommendations that allow agencies that try to target the Iraqi currency through the injection of counterfeit money, as well as a ceiling for the application project.
Rikabi: ruled out the project restructuring of the Iraqi currency after deleting three zeros from early next year, but perhaps at its midpoint to give sufficient time for the concerned and specialists to study it in detail, emphasizing that the new currency will work with old until a year and a half to the old currency is withdrawn completely and take them.
He noted: the format of the new currency will take different colors reflect the civilization of Mesopotamia and ancient symbols that represent all the Iraqi people.
The Central Bank of Iraq was announced (September 29, 2011) to 2013 will see the deletion of zeros and the currency changeover, which warned officials and economists because of the Division of work preparing to falsify trillion Iraqi dinars to replace them in the light of the forthcoming changes.
The Student Council of the Prime Central Bank to wait to delete the three zeros from the local currency, confirmed that a large project and needs sufficient time to apply it.
