Frank26 and KTFA Members "Re-introduce the Coins"

KTFA:

Frank26:  Baghdad / Omar Abdul Latif The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin, which has been used for decades in the country, while members of the Committee proposed to pre-empt the coin minting process by "deleting zeros" from the current currencies to be of value to the small cash groups.

Committee member Hanin al-Qadu said in a special statement to the "morning", that "during meetings and discussions with officials at the Central Bank stressed the need to re-work coins that were used in Iraq during the past decades, rather than paper that is damaged and printed in large quantities again ”.

He added, "The use of metal categories and their descent for trading gives a notional value to the currency," noting that "a number of neighboring countries - exchange rates are very high against the dollar - and yet we find that it has a coin in order to preserve the currency and not need to request more papers Cash, especially in small categories. ”

He expressed surprise at the policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market. For his part, expressed a member of Parliamentary Finance Majid Waeli "readiness of the Committee to prepare any legislation required by the Central Bank, which could benefit the economy and the Iraqi market, including the circulation of coins."

Al-Waeli told Al-Sabah: “The committee respects the independence of the central bank and its monetary policy,” stressing that “the bank has technical autonomy by decision regardless of administrative affairs. And MP Waeli, that "Iraq can not reproduce the experience of other countries in the use of these currencies, if it is in the interest of the advancement of the economy; Country to walk properly. ”

While the Committee member Jamal Cougar, "All countries in the Middle East and the world have a coin," noting that "this type of currency gives strength to its economy." He expressed the hope that "the concerned parties can strengthen the currency to be small groups purchasing power in the case of the use of coins." Committee member Dr. Ahmed al-Saffar, said that "the cost of the coin is more than paper money, in addition to the harder to carry on the citizen." Al-Saffar told Al-Sabah that the inflation in the economy prevents the minting of coins and makes them circulate among citizens. Big. ”

http://alsabaah.iq/12735/%D8%A.....9%8A%D8%A9

Strongcbm:    HUUUUUUUUUUUUUUGE ! ! ! .... IMO .. I call this a pre-announcement conversation ...
I really like this part..."exchange rates are very high against the dollar "

Rommy:  This ---" Al-Saffar told Al-Sabah that the inflation in the economy prevents the minting of coins and makes them circulate among citizens. Big. ”    means that purchasing power is necessary to enable the circulation of coins.

Doodlebug:   Wow, this right here.... I keep reading this over and over and over again.

while members of the Committee proposed to pre-empt the coin minting process by "deleting zeros" from the current currencies to be of value to the small cash groups.  Big.

IObey777:   IMO....it's getting REAL serious with our blessing! When Frank starts talking about how to check our dinar and next what to do when we go to the bank..you KNOW we must be getting close!!! IMO..... I'm excited to hear the next video and also what the "talk" is on the streets!! THANK YOU, FRANK, WALKINGSTICK, DELTA , TEAMS AND FF'S FOR ALL YOU DO!! Blessings to all!! I'm thinking we may be in ANY time mode right now! I pray we are ready, cause it's COMING VERY SOON!!

.a coin pic.jpeg

Don961:   The member of the Finance Committee Hanin al-Qadu, Monday, that the use of metal categories and lowered for trading gives a notional value of the currency.

He said in a special statement to the official newspaper Al-Sabah, that "during meetings and discussions with officials at the Central Bank, we stressed the need to re-work in large quantities, which were used in the past.

 He added, “The use of metal categories and their descent for trading gives a notional value to the currency.” Cash, especially in small categories. ”

Al-Qadu expressed surprise at the "policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market."

 For his part, a member of the Finance Ministry Majid al-Waeli, "the readiness of the Commission for any legislation required by the Central Bank, which could benefit the economy and the Iraqi market, including the circulation of the coin."

"The committee respects the independence of the central bank and its monetary policy," Waeli said, stressing that "the bank has technical autonomy by decision regardless of administrative affairs, which determines the usefulness of the move to use the coin."

He Waeli that "Iraq can not reproduce the experience of other countries in the use of those currencies, if it was in favor of the advancement of the economy; we can support this by listening to the justification and the views of the Central Bank's view and then the appropriate legislation of laws for the continuation of the monetary policy in the country to walk correctly".

“All countries in the Middle East and the world have a coin,” Jamal Cougar said. “This kind of currency gives strength to its economy.”

Kojer expressed the hope that “stakeholders could strengthen the currency so that small groups could have purchasing power if coins were used”.

Committee member Ahmed al-Saffar said that “the cost of a coin is more than paper money, and that it is harder to carry on a citizen”.

He said al-Saffar, the "morning", "The winning of inflation in the economy prevents the sake of coins and make trading between citizens", suggesting that "be no step to delete the zeros precede the process of coinage metal to be there the value of small groups versus large."    link

Don961:  Directed to re-work coin

Economie

2019-08-18 | 23:47

Source: the morning

The member of the Finance Committee Hanin al-Qadu, Monday, that the use of metal categories and lowered for trading gives a notional value of the currency.

He said in a statement to the official newspaper Al- Sabah, as "during the meetings and discussions with officials of the Central Bank stressed the need to re - work metal currency which was used in Iraq during the past decades, instead of paper , which is damaged and printed in large quantities again."

He added, “The use of metal categories and their descent for trading gives a notional value to the currency.” Cash, especially in small categories. ” 

Al-Qadu expressed surprise at the "policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market .    link

Don961:  Monday, August 19 , 2019 9:24

Qadu: Coins that have been used in Iraq over the past decades must be restored

A member of the Finance Committee Hanin al-Qadu, on Monday, that the use of metal categories and lowered for trading gives a notional value of the currency.

Al-Qadu said in a press statement that during meetings and discussions with officials at the Central Bank, we stressed the need to re-work coins that were used in Iraq during the past decades, instead of paper that is damaged and printed in large quantities again.

He added that the use of metal categories and their descent for trading gives a notional value to the currency, noting that a number of neighboring countries - exchange rates are very high against the dollar - and yet we find that it has a coin in order to preserve the currency and not need to request more banknotes, especially Small categories. ”

Al-Qdo expressed surprise at the "policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market."   link

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