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Central bank official: raise zeros from the currency requires the cooperation of the government
Central bank official: raise zeros from the currency requires the cooperation of the government
16-04-2012 | (Voice of Iraq) -
BAGHDAD - Ramadan Ismail - Radio Sawa
Deputy Governor of Central Bank of Iraq the appearance of Mohammed Saleh said that the implementation of the project raise zeros from the currency and replacement requires a joint collaboration between the government and the central bank as it will result from what he described as significant changes in the calculation in the country.
He praised the benefit in a statement to "Radio Sawa" financial institutions that have worked on the preparation of the project raise zeros from the currency, at the same time criticizing the Ministry of Finance as the uncertainty of the position of its minister to the project so far, he said.
On reports that the government's intention to connect to the Central Bank, Saleh stressed the importance of coordination of work between the two sides to manage the monetary policy of the country.
It is noteworthy that the General Secretariat of the Council of Ministers denied within the last few days and in the words of its Secretary-General on the Keywords News, which reported the decision of the government, serving to link the Central Bank of the Secretariat and that the latter oversee and manage the monetary policy of the country which is at the core functions of the Central Bank as an independent body.
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Originally Posted by guardian
