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Al-Kazemi’s financial advisor: Deleting three zeros from the currency is an option


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The financial advisor to the Prime Minister, Mazhar Muhammad Salih, set, on Sunday, June 20, 2021, two conditions for deleting 3 zeros from the currency, while stressing that the deletion option is proposed as part of the strategies for reforming the currency and cash payments system in Iraq.


Saleh told the Obelisk, “The Central Bank of Iraq developed a project to delete three zeros from the Iraqi currency in order to reform the cash payments system, which has become burdened with the insomnia of the economic blockade imposed in the nineties of the last century, and put it into research and study long ago, after looking at about 54 An international experience from the end of World War II until the second decade of the twenty-first century, which took place in various countries of the world, in which the monetary payment systems were reformed and made to work with better efficiency, the last of which was the Islamic Republic of Iran and before that, Turkey.