Iraqi Finance believes that the removal of zeros currency was premature and not to harm
Iraqi Finance believes that the removal of zeros currency premature and Deputy finds harm to the economy
The Undersecretary of the Iraqi Ministry of Finance said it was premature to remove the zeros from the Iraqi currency, as expressed by a member of the Finance Committee of the Iraqi Council of Representatives believed that removing the zeroes damaged, the Iraqi economy.
Fadel said the Prophet told the Kurdish news agency (AKnews) said Wednesday that the "policy of removing the last three zeroes from the Iraqi currency by the Central Bank of Iraq, in order to raise the purchasing power of currency, is very premature."
The Prophet said "The Central Bank of Iraq is free in this area, but to Aitba of such a policy at the present time, even if the bank pursued such a policy, the Ministry of Finance believes that it was premature because the Iraqi currency is stable against the American dollar."
For his part, said a member of the Finance Committee in the Iraqi parliament, Sami Atrushi to "remove the zeroes from the currency mentioned the Iraqi economy will be damaged if Iraq wants to take a point in the local currency value, with the U.S. dollar Aotqterp it, because the proceeds of Iraq depends on oil issued in the first place" .
The CBI has sought since the period to follow the policy of removal of the last three zeroes from the local currencies.
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The best news from iraq in 5 years
This is the best news in the last 5 years, real iraqi news out of iraq not a rumor. At least thay are talking about removing the 3 zeros that would be close to 1iqd to 1usd!
