BLC Administrator tlm724 Chat Tuesday afternoon
[tlm724] good afternoon everyone I want to take a few minutes to talk about the recent statements by Finance Committee member Abdul-Hussein al-Yasiri who recently said on Novemebr 17th 2013 and I quote " "the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar." He explained that "the Central Bank informed that he strives to accelerate the implementation of the project beginning in 2014."
[tlm724] I was curious as to any previous statements by Yasiri and did some reading in the forum and want to show you a few articles. Our trip back in time will begin on 9/18/2011 which was Pre-Timmy by the way lol and come back to today so with that lets begin. I will try to be as a brief as possible lol and only show the relative sections of the articles and remember these are all statements from Yasiri
Yasiri MP: Iraq suffers from mass accumulation of cash .. and warns of counterfeit currency through the deletion of zeros
18/09/2011 AD - 11:59 AM
Read More Link on Right
The Yasiri that Iraq suffers from the accumulation of money supply and that up to (3) trillion Iraqi dinars, likely that accompany the process of deleting zeros set of problems, particularly between the creditor and the debtor that is, when asked one million, the other paid by him a thousand dinars, therefore it does not accept any of that, he said, is that fraud will also be in this project, as happened in the year (2004) when you switch the currency broke with many problems, calling Yasiri the central bank to take the time to this project and not to speed up the application, and the need to explain in detail and put the results to be assured of economic and Iraqi citizens.
[tlm724] this shows at that time, Sept 2011, there were 3 trillion dinar out and Yasiri is saying take your time do this the right way. But there are conflicting numbers about the amount of dinars out , have a quick look at a statement from Saleh
Iraq urged international bodies to repair the financial system - the central confirms the currency exchange in 2013 and refers to the recovery Yasiri dinar
9/25/2011 3:49:57 PM
Central Bank announced that in 2013 will delete the zeros and the currency exchange, pointing out that the current currency formed a cluster of large cash estimated at 30 trillion dinars. The deputy governor of the Bank the appearance of Mohammed Saleh said the central bank's strategy of deleting three zeros and the currency exchange will be at the beginning of a new year and new budget of the Iraqi state, and expected to be the currency exchange in the new fiscal year for the year 2013.
[tlm724] I am sure there are not that many notes left in circulation now. Note the reference to 2013 for the project, Next article:
Abdul-Hussein al-Yasiri: Changing the currency or the need to delete the zeros of the law of the House of Representatives
BAGHDAD (Iba) ... A member of the House of Representatives for the coalition of state law, The change of currency, or delete the zeros need to be the law of the House of Representatives, especially in the announcement by the Iraqi Central Bank said that in 2013 would be appropriate to delete the zeros. He Yasiri told the independent press (Iba) The Central Bank set up in 2013 to implement his plan to delete the zeros from the currency in order not to damage the Iraqi economy and citizens, if implemented during the current period and we hope to meet the bank's obligations are to serve dealers and not to damage them. Yasiri that the bank's plan depends on the launch of the new currency the deleted zeros with the currency of existing now slowly are dealing with the new currency without causing any damage to the economy or the citizens and would cost the process $ 150 million. and varied views of a number of those who follow economic affairs of Iraq on the impact, positive or negative for the deletion of three zeros from the currency current between be positive to reduce the case of inflation and between passivity on the resource of living of citizens.
[tlm724] Looks like Yasiri was taking his cue from what Saleh said in Sept that The Central Bank set up in 2013 to implement his plan to delete the zeros from the currency. Now obviously that didn't happen lol . Let's fast forward now to 2012 lol almost done.
Yasiri: to convene a conference to prepare the mechanism of the Central Bank on the issue of transfer of funds abroad
The member of the Finance Committee, the parliamentary deputy coalition / State Law / Abdul-Hussein al-Yasiri to "a conference co by economists to prepare a mechanism for the central bank on the issue of transfer of funds abroad." Yasiri said in a press statement today, "said Finance Committee formed a sub-committee to follow up the work Central Bank We have directed to the bank a number of inquiries and investigations in the forefront of selling currency and what the point of sale of such quantities of high and these auctions are. " He Yasiri "The committee was discussing with the central bank to change and re-printed currency and delete zeros and what is intended and what are the companies that deal with the Central Bank to re-print the currency as well as to the existence of assets belonging to Iraq as the central bank deposited in international banks an estimated $ 67 billion and what the interest of keeping this money and Iraq today need it.
[tlm724] The reason I bring up this article is because Yasiri is actually showing us his hand here, look at this one sentence " Yasiri said in a press statement today, "said Finance Committee formed a sub-committee to follow up the work Central Bank " Yasiri is on a sub committee working with the CBI and discussing with the Central Bank "to change and re-printed currency and delete zeros and what is intended" ! My point is this ,Yasiri is in a position to have access to vast amounts of information. Note article date 8/18/2012. Also reserves are currently $83 billion.. fast forward again then we'll bring this baby on home !
Central Bank has submitted to the Finance Committee zeros currency beginning of 2014
Baghdad - and babysit - told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.
Said committee member Abdul Hussein al-Yasiri in a press statement that "the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar."
He explained that "the Central Bank informed that he strives to accelerate the implementation of the project beginning in 2014."
Yassiri added that "the central bank demands to accelerate the application of the decision to lift the zeros, in order to reduce the problems that occur due to the continuation of the current currency trading"
[tlm724] As I said when the above article come out and the denial articles followed I believe that Yasiri is a man in the know. Can I be wrong ? Absolutely ! Has Yasiri made this kind of statement before? Yep just showed you all ! I want to show you today's article and my comments
Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year 19-11-2013 05:05 AM
Baghdad (news) .. I exclude a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, an application 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 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.
[tlm724] Yasari is the one who said the CBI told him the project would be launched the beginning of 2014
Now this art is saying this, that he was basing his statement on what Shabibi (the former administration) told him and indicating that the current administration of the central bank believes the time is not right for the project application. Look at this "When I asked the previous administration 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"
I'll just be straight up here, give me a break, you can't tell me Yasari doesn't know the current status , are they saying he doesn't communicate with other members of the FC or that he doesn't read the news ????? really !! quoting Shabibi I don't buy it !! IMO we won't have to wait long to find out the CBI's intentions with this project. I think they are covering a mistake but that is my opinion. I am not saying the project will launch in the beginning of 2014, not many people know those facts, I am just saying something doesn't fit here. Yasiri sits on the sub committee !! Hello....
[tlm724] Yasiri sits on the sub committee !! Hello.... that's all I got
[BondLady] yasiri spoke when he wasn't suposed to
[tlm724] exactly BondLady
[BondLady] u go boy
[tlm724] tell em BL
[BondLady] tyvm timmy print it
[tlm724] BondLady ok ty
[BondLady] stamps a seal of approval on timmys chat an sends it to the printers
[lightingcslt] tlm724 excellent nice job
[tlm724] tyvm !