Parliamentary Finance: the next budget will be free of zeros (JANUARY 2013)
Page 1 of 1
Parliamentary Finance: the next budget will be free of zeros (JANUARY 2013)
Parliamentary Finance: the next budget will be free of zeros
Wednesday - 4 July 2012 -
Baghdad - The World Announced that the parliamentary finance committee, said Tuesday that the 2013 budget next year will be the new currency after deleting three zeros from the current currency, arguing that the reluctance of traders and companies from trading in Iraqi currency behind the adoption of the Central Bank of the project to delete the zeros.
Said committee member Najia Najib said in an interview for "Alsumaria News" that "the budget next year will handle the new currency after deleting three zeros from the current currency," stating that "the process of switching the currency and delete zeros will take approximately two years after the preparations for the process that began more than a year".
The answer that "the Council of Ministers approved during the meeting the Governor of the Central Bank on the project to delete the zeros and replacing Iraqi currency after it decided earlier in the patient as the project due to rising dollar on the domestic market for the past few months," noting that "the project to delete the zeros and currency exchange aims to restructuring of the Iraqi currency and the form in which to do business in line with Iraq's internally and externally."
She stressed that "the Finance Committee and the Central Bank had agreed at its last meeting to be next year's date for the start delete the zeros and the balance of 2013 the new currency unless there was a barrier transmitting without it," emphasizing "the need to support the government and parliament of the project to restructure the Iraqi currency."
Najib and considered that "the reluctance of traders and companies from the use of Iraqi currency and trading it may push the central bank to adopt a project to delete the zeros," asserting that "this project would reform the system of currency management and to facilitate their use."
http://translate.google.com/translate?hl=en&langpair=ar|en&u=http://www.alaalem.com/index.php%3Faa%3Dnews%26id22%3D48665
Wednesday - 4 July 2012 -
Baghdad - The World Announced that the parliamentary finance committee, said Tuesday that the 2013 budget next year will be the new currency after deleting three zeros from the current currency, arguing that the reluctance of traders and companies from trading in Iraqi currency behind the adoption of the Central Bank of the project to delete the zeros.
Said committee member Najia Najib said in an interview for "Alsumaria News" that "the budget next year will handle the new currency after deleting three zeros from the current currency," stating that "the process of switching the currency and delete zeros will take approximately two years after the preparations for the process that began more than a year".
The answer that "the Council of Ministers approved during the meeting the Governor of the Central Bank on the project to delete the zeros and replacing Iraqi currency after it decided earlier in the patient as the project due to rising dollar on the domestic market for the past few months," noting that "the project to delete the zeros and currency exchange aims to restructuring of the Iraqi currency and the form in which to do business in line with Iraq's internally and externally."
She stressed that "the Finance Committee and the Central Bank had agreed at its last meeting to be next year's date for the start delete the zeros and the balance of 2013 the new currency unless there was a barrier transmitting without it," emphasizing "the need to support the government and parliament of the project to restructure the Iraqi currency."
Najib and considered that "the reluctance of traders and companies from the use of Iraqi currency and trading it may push the central bank to adopt a project to delete the zeros," asserting that "this project would reform the system of currency management and to facilitate their use."
http://translate.google.com/translate?hl=en&langpair=ar|en&u=http://www.alaalem.com/index.php%3Faa%3Dnews%26id22%3D48665
Guest- Guest

» Parliamentary Finance: Adoption of the middle of next January 2016 budget
» Member of the parliamentary finance is likely to approve the budget at the end of January 2019
» A member of parliamentary law expects to pass the budget in January or February
» Parliamentary Integrity Committee: 2016 budget free from the final accounts
» 3 zeros cannot be removed during 2013 from IBN
» Member of the parliamentary finance is likely to approve the budget at the end of January 2019
» A member of parliamentary law expects to pass the budget in January or February
» Parliamentary Integrity Committee: 2016 budget free from the final accounts
» 3 zeros cannot be removed during 2013 from IBN
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Guru MountainGoat 2/4/23
» Guru Nader 2/4/23
» Gurus Frank26 & Firefly 2/4/23
» Guru Judy 2/4/23
» Guru Bruce Dingleberry 2/2/23
» Guru Okie 2/4/23
» More On The Rainbow Currency.
» Guru Okie 2/3/23
» Guru MarkZ 2/3/23 am
» Guru Sandy 2/3/23
» Guru MountainGoat 2/3/23
» Guru Judy 2/3/23
» Guru Bruce Dingleberry 2/2/23
» USD/IQD rate closes higher in Baghdad, Erbil
» Dinar Devalues 22%
» The dollar flies over 170,000 Iraqi dinars
» Guru MarkZ 1/31/23 pm
» Gurus Frank26 & Firefly 2/1/23
» Guru MountainGoat 2/1/23
» Guru Judy 1/31/23
» Guru Bruce Dingleberry 1/31/23
» Guru Okie 1/31/23
» Casinos would surely bring hefty revenues. But Vietnam should have, at most, two casinos, say experts. That said, they also agree that the casinos should be open to all, including Vietnamese.
» New member
» Gurus Frank26 & Firefly 1/30/23
» Guru Sandy 1/30/23
» Guru Nader 1/30/23
» Guru Judy 1/30/23
» Guru Okie 1/29/23
» Guru MountainGoat 1/29/23
» Interim governor briefs Iraq's deputy parliament speaker on CBI's plan to control the forex market
» Keeping devaluation might be Iraq's strategy to suppress depreciation: lawmaker
» Al-Sudani's cabinet has no intention to reverse the dinar's devaluation: lawmaker
» Iraqi dinar plunges to a new low
» "RV UPDATE" BY SANDY INGRAM, MNT GOAT, MARKZ, NADER FROM MID EAST AND FRANK26 1/28/23
» "STATUS OF RV" BY DINAR IRAQ AND DONG VIETNAM 1/28/23
» HOT NEWS BY DINAR IRAQ AND DONG VIETNAM 1/28/23
» Guru Okie 1/28/23
» Guru MarkZ 1/28/23 am