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Video: delete the zeros is still exist and the mass of cash is 44 trillion dinars

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Video: delete the zeros is still exist and the mass of cash is 44 trillion dinars

Post by RamblerNash on Fri Oct 12, 2018 11:12 am

Video: delete the zeros is still exist and the mass of cash is 44 trillion dinars






Friday, October 12,

Again, talk about the project to delete zeros from the Iraqi currency, to end the inflation in the amount of cash mass in the market, a project that has been stalled for years, but the central bank says it still exists.

Director of the issuance and cabinets Agency Abdul Karim Hassan Shanza Alsumaria News The delay of the project to the control of the organization calling on a number of provinces during the year and fourteen, the year that was scheduled to be the process of deleting zeros in it.

The project does not depend on the process of deleting zeros only, but a complete structure of the Iraqi currency, which will also include the development of large currencies and also coins for the dinar, especially since Iraq has not used previously and currently technological methods of payment and thus the small categories of currency are perishable to use Widely.

In the markets are currently dealing with a large monetary block, says the official at the Central Bank it is forty four trillion dinars, which is seen by specialists big inflation of the currency offered in the market, compared to the actual value compared to its cash.

This step, if implemented, will contribute to strengthening one of the pillars of the Iraqi economy, from the monetary side, as confirmed by specialists.

You can view the report on the video above.

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