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Political situation and hasty decisions to make structural replacement currency is impossible

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player46


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Political situation and hasty decisions to make structural replacement currency is impossible

BAGHDAD (Iba) .. Ruled banking expert Ala morning angel, replace the restructuring of the Iraqi currency in early 2013 and the implementation of the project to delete the zeros, indicating: that all the country’s political situation and economic is well suited for the implementation of the Central Bank project to replace the currency.

And the angel said in a statement to Agence independent press (Iba) Thursday: The replacement of structuring currency has become elusive in political conditions tense and unstable economic, noting: that hasty decisions latest on the central bank and at least governor and fluctuating exchange rate currency led difficulty implementing central bank’s decision replacing currency.

He added: that the deterioration of the political situation between Erbil and Baghdad confirm the difficulty of making any changes or any of improvement in the economy of the country and threaten all joints degradation of the Iraqi economy.

Angel continued: to take action and informed decisions by the federal government and in coordination with the Central Bank of learning from the process of replacing the currency an easy process, but for the Government’s preoccupation with the political situation makes the currency exchange is excluded from the economic arena.

http://www.oneiraqidinar.com/political-situation-and-hasty-decisions-to-make-structural-replacement-currency-is-impossible/

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