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The central importance of the Iraqi parliament to convince deleted 3 zeroes from the dinar

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The central importance of the Iraqi parliament to convince deleted 3 zeroes from the dinar

16.12.2011
Mandy Samira Ali
The center of divergence of views, economists about the timing and feasibility of the project to delete three zeros from the dinar, the official predicted that the Central Bank of Iraq is the implementation of this project in 2013. The Central Bank of Iraq discuss the details of the project with the Commission on the economy and investment in the Iraqi Council of Representatives.

Deputy Governor of the Central Bank of Iraq appearance of Dr. Mohammed Saleh In a statement made ​​by Radio Free Iraq, confirmed that the atmosphere of the discussions were positive, and the bank was able to answer all questions and inquiries of the Parliamentary Committee , I have listened to a detailed explanation on this subject, and convinced of the project and its positive effects on the Iraqi economy, adding that the project was referred also to the Economic Committee in the Cabinet for discussion.

He expected the Deputy Governor of the Central Bank of Iraq that is to start the execution of the deleted 3 zeroes three of the coin with the development of the budget year 2013, pointing to the bank's plan to implement the project will continue for two years and depends on offering new dinar with the current currency in order not to get the economy or the citizens harm. economic expert, Dr. Hilal Al-Taan consistent with the Central Bank of Iraq in the importance of this project and its economic feasibility, and finds that the cluster cash current $ 27 trillion Iraqi dinars, and necessary to delete three zeros to become a mass 15 billion Iraqi dinars, which facilitates financial transactions daily.

However, the economic expert, Aladdin short does not agree with Taan, but finds that the project to delete 3 zeros will not contribute to improving the economy, but On the contrary, due to security conditions, and in fact economic situation, the absence of development programs, and the lack of a sound banking system, in addition to rampant corruption and bureaucracy in state institutions. and the center of divergence of views, observers of the economic affairs of Iraq about the effects of positive or negative for the deletion of three zeros from the dinar, adviser warned Economic Minister Abdel Hussein Anbuge that the process of removing three zeros from the dinar will increase the phenomenon of money laundering, and that the government is working to convince the central bank need to stop working on the implementation of the project. But economist Dr. Hilal Al-Taan respond to these warnings and fears as unfounded, because the process is controlled by a careful and deliberate. contributed to the file, Radio Free Iraq correspondent in Baghdad, Mohammad Karim

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