Politicians: CBI doesn't need you to raise currency value...

Hmmmm....Go Dr. Shabibi!!! So much smoke in here I'm tearing up!!(cough, cough!)

Expert: time is not ideal for deleting zeros from the currency of the unstable political situation

April 7th, 2012 08:01 am
<P style="TEXT-ALIGN: justify">Baghdad (newsletter) … Economic analyst warned Ibrahim Al-Mashhadani project delete three zeros Iraqi currency early next year, being an important project needs more political and economic stability in the country when applied.
He said Al-Mashhadani (News Agency news) on Saturday: the time set by the Central Bank to implement a project to delete the three zeros and Iraqi currency, scheduled for early next year is not perfect and needs to be reconsidered, because it is a delicate task and cannot be passed through a few period of time is needed to study for longer time and know its pros and elaborate cons to avoid economic problems may occur.

He added: the project needs more political and economic stability before implementation, and these workers are unavailable at the moment due to exceptional circumstances affecting the country, although important in terms of easing the money supply which are exposed to fraud and difficulty of circulation, noting that States which fought that experience had enjoyed political and economic stability in countries such as Turkey, which had been deleted (6) zeros from the currency.

Deputy Central Bank Governor Mohammad Saleh appearance: draft delete three zeros needs no Iraqi currency legislation new law but needs to make a regulation serve as instructions as stipulated in the law on the Central Bank.






He told earlier (News News Agency): Central Bank Act gave the full validity of the Monetary Authority to change the structure of the Iraqi currency, delete the zeros, and the Executive and legislative branches familiar, noting that the project needs to help a regulation published in the Official Gazette, and the ECB currently formatted.

Well kai we both agree that this is most likely pure smoke! Thanks for bringing

I am pretty sure I read virtually that identical article some time earlier mid to early this week maybe? Obviously a different article, but as best as I can remember the identical language...They definitely seem to be reading from a script ....

Kevin I had the exact same impression when I read this today also. In fact am fairly certain this may be a article picked up by a different news agency and recycled. Kai do you have a link to this one ?

Good stuff....smoke, but good stuff! Thanks.

all smoke it is what was told by many ,that would occur right before the R.V.

Rick: I've been out and about. See Link below:

Najafi sends a message to Maliki, calling for things not to interfere with the central bank Today at 6:33 am

Najafi sends a message to Maliki, calling for things not to interfere with the central bank
Saturday, April 7 / April 2012 13:51

Baghdad - Euphrates News revealed House Speaker Osama Najafi for a letter addressed to Prime Minister Nuri al-Maliki on the subject of the Central Bank.
An informed source told {Euphrates News} that "Najafi said during a session of the House of Representatives today for a message sent by him to Prime Minister Nuri al-Maliki asking him where not to interfere in matters of the Central Bank and the statement of the functions and duties of this bank, which is one of the independent institutions."

The clashes there on independent bodies between the executive and legislative committees on nationality in the Federal Court has given two different interpretations.

LINK: http://www.alforatnews.com/index.php?option=com_content&view=article&id=10511:2012-04-07-10-52-17&catid=36:2011-04-08-17-25-25&Itemid=54

HAPPY EASTER EVERYONE

Lets have three happy dancers for DR. SHABIBI

DERN SMOKE is so Heavy!!!! GAG! I worked with the Iraqis for nine years. Smoke!! Smoke!! Smoke!!