On: Wednesday 8/8/2012 6:27
said a member of the Committee of Economy and Investment Attorney Nora Albjara, that the House of Representatives received a formal letter from the Central Bank containing details of the project to delete the three zeroes from the currency and calls for its application early next year, saying there is no objection large by the House of Representatives on the implementation of the project that the country has initializer is still to replace the national currency.
The Albjara in a press statement that the Central Bank of Iraq sent a letter to the Committees of Finance and economic development in the House of Representatives expressed its readiness to implement the project to delete the zeros of the three currency over the next year and contains a detailed explanation of the project and the stages of implementation for the purpose of discussion in the House of Representatives and the time limit for its application.
She added: Most members of the House of Representatives rejected the application of the project in the next year being a big project and needs to be enough time for discussion and study, as well as they see that Iraq is still not ready to prepare fully for the implementation of this project and fear that casts a negative impact on the national economy and the local currency.
It continued: that the parliamentary Economic Committee will hold a meeting in the coming days to discuss the project and which may be called the Governor of the Central Bank and hosted by the House of Representatives to clarify the application of paragraphs of the stages of the project and the possibility of readiness.