CBI says time is not right to drop zeros in 2014; Rebuking previous CBI administration opinion, says Committee Member

Posted by on Nov 20, 2013 | Leave a Comment

Baghdad (news) .. I exclude a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, anapplication project to delete the three zeroes from the national currency in 2014, indicating that the current administration of the central bank believes the time is not suitable for implementation of the project.

Yasiri said (of the Agency news): that of its parliamentary When I asked the previous administration (Gov. Shabibi) of the Central Bank from the date the application of the project to delete the three zeroes, they replied that the year 2013 will see the completion of all the procedures for the project Kalag with companies that printed currency, etc., and the year 2014 will witness the application.

continued: But the current administration of the Central Bank has confirmed that the time is not right for the implementation of the project in 2014, and because there are conditions to prevent the bank from the implementation of the project over the next year.

pointed to: that some media quoted story that that the central bank told the Finance Committee that the implementation of the project will be the beginning of the year 2014, while this news Nude of Health , calling on the media to exercise precision and caution in the dissemination of news.

This has reports suggested that the central bank told the Finance Committee parliamentary date for the application of the project to delete the three zeroes early next year, to the surprise of the current administration of the Bank and the Finance Committee representative

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