Economist: The signature of the Governor of the bank on the currency precedent dangerous not seen in the world

2018/10/7 23:46


Economic expert Loay Khatib, the signature of the Governor of the Central Bank Ali al-Alaq on the Iraqi currency "dangerous precedent" has not seen the world.
"The Iraqi Central Bank issued a statement on the new version of the Iraqi currency signed the name of acting governor Ali Mohsen Ismail in a dangerous precedent and a violation of all contextsuniversally recognized and Iraq, except dictatorships," Khatib said on the site of the social access [FIBSOC] today.
"The dollar, for example, is signed by the secretary of the treasury and the treasurer without mentioning the names, as is the case for the sterling pound signed by the treasurer, Chief Cashier, without the name."
Khatib said, "So as an Iraqi citizen, I request that the signature of the Iraqi currency by the Minister of Finance by the title without mentioning the name, and the withdrawal and destruction of this new version and correct this grave error."
He called on all Iraqi people "to participate in this corrective action to be the beginning of the reform process in all aspects of government work and its contexts."
The Central Bank of Iraq issued its second edition of the banknotes of the categories [25000, 10000, 1000, 500, 250] dinars, indicating that the variables on the above categories were as follows, for the categories [25000, 10000, 500, 250] The name of the governor instead of signing it in the old version, in line with what is now practiced in other countries, and the dates of the Hijri and Gregorian dates were amended to [1440 H-2018].