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The ECB stresses that draft delete zeros still need the approval of Parliament and Government  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

The ECB stresses that draft delete zeros still need the approval of Parliament and Government

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The ECB stresses that draft delete zeros still need the approval of Parliament and Government  Empty The ECB stresses that draft delete zeros still need the approval of Parliament and Government

Post by Ponee on Wed May 30, 2012 12:32 pm

29 May, 2012 06:40:06 Huda-Bahrain Font size:
He stressed the Iraqi Central Bank, Tuesday, that the draft delete zeros from the currency still needs the approval of Parliament and the Iraqi Government, announcing that he would convey the country country trillions to billions.


He said the Bank's Deputy Governor Mohammad Saleh appearance in a press statement that the project differs from the version of the new currency, which entails not only delete the three zeros from the Iraqi currency, but delete three mathematical rankings of the Republic of Iraq and that start from the family budget and ending with the General State budget, stressing that "project as a complete infrastructure and concepts to the Bank.


And he said that "the project logical scientific economic importance lies not only in reducing the amount of currency, but also reduce reproduction arithmetic which would reduce operational risks due to excessive numbers, and frequent errors resulting from it.


http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.al-hodaonline.com%2Fradio%2Findex.php%3Fnews%3D11746

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