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Economist: raise zeros will save the country from the dominance of the dollar
Date: Thursday, 03.01.2012 8:58
Babylon / range
according to Professor of Economics at the University of Babylon, Jawad al-Bakri that the draft raise zeros from the national currency involves a lot of positives on the reality of the economy in the country. said Bakri, according to the Agency (news): One of the pros stop control of the dollar on the economy in the country and reduce the circulation of funds and the stability of the dinar exchange rate
Add to a reduction in rates of inflation in the medium term and reduce the cost of economic transactions. He added that the process of lifting the zeros can not be done only by taking action to ensure implementation correctly through the control of financial corruption and establishing the security situation in Iraq, pointing out that the financial authorities of the boot process before the accepted time and not surprise the citizen to do so.
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