Central switch warns of the date the project to delete the zeros
BAGHDAD - Al Sabah : said the Iraqi Central Bank that the project to delete the zeros must be the beginning of the year, not in the middle because that would cause a problem in the accounts of the state. Deputy Governor of the Central Bank of the appearance of Mohammed Saleh (Center Brief for the Iraqi Media Network) that »the project to delete the three zeroes from Iraqi currency needs to be a new financial start because all accounts the new currency may be registered accounting books are different from the currency exchange which recorded the beginning of the year «.
He added that »the start delete the zeros from the currency in mid-2013 is a proposal came from members of the Finance Committee in the House of Representatives but the central bank held talks on the proposal and found that it may not start the project in the middle of a new financial».
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And demanded that the Finance Committee formally the central bank to wait changing money in the month of January of 2013 and be replaced in the middle of next year in the month of July there will be even more of a study by the officials to change them ».
central bank announced earlier that the project to delete the three zeroes from the Iraqi currency of the country will be transferred from one country Alterionat to billions ». It is noteworthy that some economists have opposed the project to delete the zeros of the Iraqi currency because the country is poised at the present time for this project.