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Re: cableguy post# 17364

Friday, 07/04/2008 9:53:42 AM

Friday, July 04, 2008 9:53:42 AM

Post# of 29692
Food for thought from last month......

No Need for new Currency!!!!!!
No Need At Present To Issue New Currency CBE: no problem in funding

BAGHDAD - An official at the Central Bank of Iraq: There is no problem of financing for projects in the case of projects could be financed as there is no financial problem for us but the process of building and project implementation is lagging on the issue of funding and PROFILE). Ahmed apply to the deputy governor of the bank (that once we were able to develop the capacities of the country in construction and in the management of building projects and investment management in general and the Department of other programmes in the area of development such as education, health, the possibility of funding available and large). He said in response to a question about the possibility of issuing a new currency that (No need at present to issue a new currency and when the lack of necessity for the issuance of the currency and we will be issuing there future plans in this regard and forgery in currency rates are low).



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