When will the removal of zeros begin? A member of parliament sets a date for the project’s implementation.
MP Murtadha Afween confirmed on Monday that the project to remove zeros from the Iraqi currency has not yet moved to the implementation phase, indicating that the project does not represent a direct solution to the crises plaguing the Iraqi economy.
Afween told the Information Agency that “the issue of removing zeros from the currency has not yet reached the implementation phase,” explaining that “the project has not contributed to addressing the crises facing the Iraqi economy.”
He added that “removing zeros from the currency, if it proceeds, should not be considered a sufficient measure to address the economic challenges,” noting “the importance of focusing on issues directly related to the country’s economic and financial reality.”
Afween pointed out that “addressing the economic crises requires concrete steps and measures targeting the root causes of the problems, in addition to developing solutions for issues affecting financial and economic stability,” emphasizing that “monetary measures alone are insufficient to address the accumulated economic problems.”
Earlier, The Media Line network revealed in a report that the Iraqi government will begin issuing a new currency with zeros removed at the beginning of 2027. History
Almaalomah.me