Parliamentary economy excludes delete «Central» zeros from the currency
Baghdad's new morning:
Finance Committee in the House of Representatives denied the government's inability to pay the employees' salaries after the month of June, while confirming that the Iraqi financial reserve exceeds 60 billion dollars, revealed the crystallization mechanism to fight money laundering.
A member of the Committee Masood Haider during a television interview, said that «talk about inability of the Iraqi government to pay the employees 'salaries after
the next month of June is part of propaganda against the government and try to make it fail », indicating that« the state revenues four billion dollars of oil only, while employees' salaries amounting to three billion and $ 400 million, in addition to the existence of other sources of revenue » .
He said Haider, that «Iraq has substantial financial reserves exceed $ 60 billion, and 80 tonnes of gold as a support for the currency», stressing that «Iraq is not bankrupt countries, but passes a financial crisis as a result of irrational policies during the last period».
He revealed Haidar «Committee Finance will elaborate the project and the mechanism to fight money laundering and to develop a mechanism to fight, and will be the Central Bank of Iraq as part of that », stressing the need to« improve the banking sector to be supportive of the economy, as well as diversify its sources of state revenues and go to the tax and customs solution Annie current crisis ».
at the level of Last, confirmed the economic and investment commission parliamentary member of the Charter of Hamdi, on Monday, the central bank can not delete the zeros because of the economic situation is stable, as pointed out that the bank regarding the treatment of these things will be printed new financial category worth fifty thousand dinars.
She said Hamdi in a statement issued about, that «the economic and investment commission in Parliament hosted a Sunday, the CBI director on the Keywords, and discussed for the provision of liquidity and increase demand for the dollar issues as well as the disparity in the exchange rate».
She said Hamidi said «Keywords stressed that the process of handling these things, where will be printed new financial category worth fifty thousand dinars », indicating that« Bank for printing percent category thousand dinars to later ».
She Hamdi that «the central bank can not delete the zeros because of the current situation and the unstable Iraqi economy», calling on the central bank to « increase the revenue that will be supplied cash and process the difficult liquidity and ease the burden on the citizen ».
He announced the governor of the bank on the Keywords in 3 of last March, said the project to delete the zeros existing project has been put into practice and we gave the green light to start with », adding that« the project period of time needs may extend to two years or more.
He accused the central bank, earlier, government agencies obstructing monetary reform and vowed persecuting, blaming those actors responsible for exposing the financial interests of the country at risk.
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