From Trillions to Billions?
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  1. #1

    From Trillions to Billions?

    BAGHDAD - Al Sabah
    Announced that the Finance Committee in the House of Representatives that it received financial models for the new currency by the Central Bank. A member of the Commission secretary Hadi Abbas's (Center Brief for the Iraqi Media Network) that "his committee received financial models by the Central Bank, which amounted to a class (25) dinars, and class (50) dinars and (100) BD and (200) dinars." And that "these models viewed by the members of the Finance Committee and officials at the Ministry of Finance and Central Bank". He added that "the Finance Committee recommended that the Central Bank formally switched to wait in the currency in 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." And announced that the Finance Committee earlier that all the parties involved in the study of the project to delete the three zeroes from the Iraqi currency approval and there have any objection and the central bank announced earlier that the project to delete the three zeroes from the Iraqi currency will carry the country from the country of trillions to billions. "



  2. #2
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    Jul 2012
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    Yep. That's the plan, but the finance committe has not the authority
    to control the date or rate.. that is up to Shabibi and the CBI.
    ________________
    Need a date on the artcle and a link .. ok?

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