development of the Kurdish language on the currency, but another attempt to disrupt the country's economy at the current stage
The Iraqi academic specialist in the economy today, the situation of the Kurdish language to the Iraqi currency would be a distinct and good, but said that starting this process at the current stage confuse the economic system in the country.
The Deputy Governor of Central Bank of Iraq, Salman Jumaili, had confirmed earlier in a statement to the news agency that "changing the currency is a complex process but it will not affect the economy."
The economist said the Iraqi leader Yasser Sogni, that "changing the Iraqi currency at the present time will negatively impact on the structure of the Iraqi economy, the fact that the file will cause many of the economic transactions between governmental institutions, and between investment companies from the other."
With regard to the purpose behind the change of currency and the development of writing in the Kurdish language, besides Arabic, explained Sogni that "There is no doubt that changing the currency in order to supplement the Kurdish language as a second official language in the country, a step distinct and good, but at the current stage is a negative step and Aisahm to revive The country economically."
And that "there can imagine that the process of change will be easy, but this perception is not true, they would stop the Iraqi market and cause the stoppage of the basement cash markets do Iraq."
The figures and official statistics that the amount of Iraqi currency will reach more than 27 trillion dinars at the end of 2010.
Is the Central Bank of Iraq is primarily responsible for the process of changing the currency in the country.
Sogni explained that "such decisions need to be a stable environment for political and security is the process of changing the local currency in the country."
This comes at a time when it was confirmed by Deputy Governor of Central Bank of Iraq, Salman Jumaili, that changing the currency is a complex process and you need to plan and study, but will not affect the country's economy.
Ahmed Salman Jumaili, told that "the process of changing the Iraqi currency at the present time is facing more difficulties because of Iraq's financial interactions with States, regional and global."
"The change of the Iraqi currency at the present time did not affect the economy, Iraq, but is a matter of both administrative regulations only."
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07-09-2010, 01:03 PM #1
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Language on currency, another attempt to disrupt the country's economy at the current stage
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08-09-2010, 09:56 PM #2
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No matter how you slice it, seems like more confusion for speculators.
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