A law needs to be passed to delete the zeros, says finance committee member

Posted: September 9, 2013 in Iraqi Dinar/Politics
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59624c79cf4b8e4779fc1993fd87b008Amin Hadi: must address the issues of debt and money frozen by passing a law to delete the zeros
09-09-2013 10:32 AM

Baghdad (news) .. A member of the Finance Committee deputy secretary-Hadi, the need for passing a law to delete the three zeroes from the currency so as to its importance in banking transactions.

said Hadi (of the Agency news): The project to delete the zeros frozen now and cons of approval is launched without coordination with the executive bodies will stagger policy the country, stressing the need for coordination and agreement with the concerned authorities for approval in a timely Almanaab.

said: that Iraq needs to activate the law of the deletion of zeros to maintain the value of the dinar against other currencies and facilitate banking transactions, adding that it should be resolved debt issues and the frozen funds before approving the project.

The parliamentary economic committee suggested that the date of implementation of the project to delete the three zeroes from the currency at the beginning of next year

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