Dinar $3.22 Plus – Shabibi News Conference

Tue, Feb 21, 2012
Subject: Maliki Dinar RV Drop Dead Sept


This news is so powerful that it even gave me a huge smile.

Here is the great news that Ray just shared:

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Parliament Economic Committee: Process to start removing zeros from the currency in September

Baghdad, February 18 (Rn) – The parliamentary economic committee, Saturday, in agreement with the Iraqi Central Bank to begin the process of removing zeros from the local currency in September next.

The central bank announced earlier that he is considering the requirements of the project to delete the zeros of the local currency with the Council of Ministers in terms of need process for the enactment of the organized or not.

A member of the Economic Commission Abdul-Hussein Abtan told the Kurdish news agency (Rn) that “the Economic Commission agreed with the Central Bank to begin the process of changing the local currency in September next.”

He added that “the agreement granting process to ensure the currency switch for a full year that the two currencies are traded the old and new in the market during this stage.”

And describes the CBI process of switching the currency national project in support of the economy in the country, while expressing the Iraqi government for fear of the project as it will increase the phenomenon of money laundering, “according to belief,” and is working to convince the central bank to stop the implementation of the project, and be approved by the securities the government’s position of deletion of zeros and says it will affect negatively on the financial trading in the stock market.

Abtan explained that “the process of removing the zeros from the currency will contribute to dealing with inflation and facilitate economic cooperation with international banks and reduce the differences of living in the community.”

The Committee emphasized the financial representative, on Sunday, the central bank tarry in the provision of a bill to delete the zeros from the currency to the Committee for the purpose of his study, saying that the law was passed would give Iraq an opportunity to address economic inflation, as experts predict a rise of inflation in the budget in 2012 because of the continuing interest in aspects of operational at the expense of the investment part of the general budget.

And inflation is excessive in the general level of prices and rising incomes as well as higher cash costs and create excessive cash balances.

He concluded his speech by saying Abtan that “the central bank looking to send a bill to change the currency to the House or not because the law gives the Central Bank of implied powers to delete the zeros of the local currency.”

The functions of the central bank conduct of monetary policy in the country, including exchange rate policies and the management of foreign reserves and the issuance of currency management, and raise the level of the values of the Iraqi dinar and deal with inflation in the country, which is responsible also for the maintenance of price stability, as well as to regulate the banking sector.


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One Response to “Dinar $3.22 Plus – Shabibi News Conference”

  1. Ray says:

    You will find it all points to march 2013 ,when the silicon chip inplant is mandatory , the iraqi dinar comes with a price ? Mark of the beast inplant , this way bush claims total control of all moneys ,and people and religions ,it controls all foods,water, income all based on computer chip ,
    It will control travel,visa, location,medical drugs ,toxins..
    It is bible prophesey, russia will invade canada and usa from the top down,
    The vatican will be blown up ? Then the beast will apear to raise a army to war with jesus ,christians will be hunted and killed ,as athority in jesus name is the weapon to defeat satan it is jesus spirit in every christian ,? Not religion as there fake decoys , it is a case of live by faith not by money ,god does not need money only man does ,it is the root of all evil ,with in the next 6 mths we will see more great tribulation the end of the world as we know it ?.for 2000 years christians have been murdered ,by roman catholic church and armys of rome ,they crusifyed jesus and 11 desiples murdered ,millions down through ages? rome may have jesus body on a cross but not his spirit or body as jesus rose body ,soul,spirit.from the dead,

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