Central bank: the project to delete the zeros will pass after the end of the political crisis

08/19/2012



BAGHDAD / JD / .. Central Bank announced that the project to delete the zeros will pass within the House of Representatives and Minister after the end of what he called "political storm".
The deputy governor of the Bank the appearance of Mohammed Saleh told the reporter Agency / JD / the project to delete the zeros will pass within the House of Representatives and Minister within a short period after the end of "political storm", adding that all the blocks agreed on the importance and relevance for the Iraqi economy.
Saleh added that "a national project such as deleting the zeroes of interest to a lot of officials and advisers will not be neglected, noting that the next phase will see the final approval.
Saleh continued that "the bulk of what prevents the approval of the project is having fears among some politicians of the timing of the project, as some imagine that affects the project on the general situation of the Iraqi economy negatively, and this is not true, but the Bank believes that it is necessary to respect those political wills and waiting for a relative lull be the project is put more convenient.
The estimated cost of the Iraqi Central Bank to speculative project deletion of zeros from the currency up to 172 billion dinars ..
The study by a private project delete zeros received / JD / copy: The total cost of the project speculative deletion of zeros up to one hundred and seventy-two billion dinars "..
The bank said in his study that the wages of transport and insurance of the role of printing to Baghdad International Airport up to (140), calculated on the basis of the ratio between the highest and lowest price (90-189) billion dinars from the presentations made by the companies .. He added that the "cost speculative mint coins of the new currency amounting to (16) billion dinars" ..
He continued the bank, "The wages of cargo, Fridays and public holidays, overtime, etc. .. of (15) billion dinars" .. He pointed out that the cost of the media campaign and the costs of different limits (1) billion dinars .. He recalled the bank the cost of the replacement process for the period from 10/15/2003 to 15/04/2004 amounted to very where wages and transfer printed currency to (240) dinars, and wages minted coins limits (16) billion dinars, and a ring total costs allocated to the banks amounted to (13) billion dinars.




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