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BatmaninIraq
10-05-2015, 09:21 PM
Economist: lifespan of the currency paper 3 Ochehr..oualemadenah 25 years




04/10/2015

Stressed the economic expert Abdul Hassan al-Shammari, Sunday, that the life span of banknotes 3 months and Mineral currency 25-year-old.

Al-Shammari said L / scales (http://viglink.pgpartner.com/search.php?form_keyword=scales&mode=&r=999999) News / "The life span of coin for a class of 250, 500 and 1,000 dinars is 25 years, and this long-term will save the state huge amounts of paper currency printing costs as those paper categories fast trading and consume every 3 months and will save the state 250 (http://www.amazon.com/dp/B006QZV110) million dollars per year and this number is very large. "

He said economic expert, that "the process of removing zeros from the currency will provide a great time of employee hours and be the largest in the daily and final accounts accuracy", adding that "on the executive Council of Ministers to re-submit this law to the House of Representatives, and accelerates and Parliament by approving the provision of such amounts huge budget. "

The "Iraq used coin in the sixties and seventies of the last century, and even the demise of the market traded in the Iran-Iraq war,"