3 zeros cannot be removed during 2013 from IBN

by **clayf** Wed Sep 05, 2012 10:41 pm

Zeros “Cannot be Removed from Iraqi Currency During 2013″

Posted on 06 September 2012. Tags: Central Bank, IQD, iraqi dinar, re-denomination, re-valuation, Redenomination, revaluation

3 zeros cannot be removed during 2013 from IBN 10000-Iraqi-dinar-note

By John Lee.
Iraq’s
deputy Minister of Finance has said the three zeros cannot be removed
from Iraqi dinars during 2013 because no preparations have been made.
According
to the report from AKnews, the Iraqi Central Bank and people have been
saying for four years that the zeros in the Iraqi currency will be
erased and the money will be changed. But the money cannot be changed
because prior work for the process has not been executed.
The Minister of State reportedly said:
“Reducing
the zeros is the Central Bank’s authority. As the Finance Ministry we
are against the change and removal of the zeros, but the bank insists on
removing the zeros.
“We cannot change the Iraqi money in 2013 because the Iraqi budget was estimated with current money.
“If the Central Bank has any intention to change the money then it must do the process soon before calculating 2014′s budget.”................................................. Well get "R" done already 3 zeros cannot be removed during 2013 from IBN 2805820865

3 zeros cannot be removed during 2013 from IBN 2805820865

by **Kevind53** Wed Sep 05, 2012 10:52 pm

Another post from the Parliament contradicting what the CBI has said ... I'm starting to wonder what they are trying so hard to stop/delay this ... at first I thought it was just a power struggle, but maybe someone is trying to cover their ***.

by **clayf** Wed Sep 05, 2012 10:56 pm

Yes! this has really been a he said she said lately..I can see the gurus but the media has been whack.....» Central Bank: The year 2013 will witness the deletion of zeros and the currency exchange (point in ?) 3 zeros cannot be removed during 2013 from IBN 4111698082