Iraqi Dinar Guru opinions 10-27-15
Iraqi Dinar Guru opinions 10-27-15
10-27-2015 Newshound Guru tlm724 Article: “Law Second Amendment to the Investment Law No. 13 of 2006 27 October 0.2015″ Great news for Iraq and for us! They finally amended and passed the Investment Law! Several things jump out at me in this law. First is that it encompasses both foreign and domestic investors as it should. Secondly is that this law is giving great authority to the National Authority for Investment to develop and sustain investment in the country.
10-27-2015 Newshound Guru rcookie Article quote: “The House of Representatives voted on Tuesday unanimously approved the second amendment to the Iraqi Investment Law No. 13 of 2006.” Heres that pesky “shelved & tabled” Investment Law voted on just like they said they were going to do…
10-27-2015 Newshound Guru Kaperoni Article quote: “House hold, Tuesday, led by its 32 Saleem al-Jubouri and the presence of 230 deputies. And held parliament its 32 legislative year Althanihalvsal first legislative agenda of includes a vote on the draft second amendment bill to the Investment Law No. 13 of 2006 (Committee on Economy and Investment, the Finance Committee).” Looks like it passed. Will get confirmation…from parliament as soon as posted. But great news!
10-26-2015 Newshound Guru tlm724 Quote: “Detection of the International Monetary Fund (IMF), on Wednesday, for planning to send teams in the near future for both Iraq and Jordan in an effort could pave the way for more aid…” well thats pretty specific…the IMF has a lil plan planned. Quote: “the plan will begin in 2016 and then possible to put the foundations upon which to base by Iraq to submit to IMF funding to implement the program at a later time of the year” “the program will help Iraq to receive aid from lenders among them the International Monetary Fund and reassure potential investors” it will pave the way for Iraq that is due to the market during the first half of next year…market economy is the goal and always has been!
10-26-2015 Newshound Guru Shredd Press Release: “IMF: Iraq Will Return To The Market In 2016″ Interesting that the IMF is making such a strong statement but it makes sense too…they are propping up iraq’s economy with the loan and they also see the urgency of iraq coming to be a “market economy”. do you know what that means by definition? a market-driven, free floating currency. …this is a huge piece of proof that a “lop” would never happen…a huge proof that iraq’s economic plan is not a fail…a huge proof that the imf expects to be paid back and with a currency that is floating and interest rates that can react to the market too, they will be able to ride the economic waves while instilling faith and confidence in their currency.
10-26-2015 Newshound Guru Shredd makes sense with the investment law work too…the banking laws are a part of this too. …things are continuing to shape up…banking law gives accounts holding dinar protection and also a window of time for locking in exchange rates…investment law giving protections to investors for managing risk while seeing a good roi and a market economy that accurately reflects the true value of their currency based on supply and also demand but at the same time the goods and services…transparent to the global investment world. this IMF loan proves to us that seeing a growth in the dinar value is a “WHEN” and not an “IF”… good news indeed!
10-26-2015 Newshound Guru Stryker Tomorrow looks to be a big day in Parliament my friends. With the second point of tomorrow’s agenda being the vote on the second amendment draft to the Law of Investment No. 13 of the years 2006, Tuesday should start out very interesting. If that’s not enough, the 2016 Budget could be delivered to Parliament as early as today and if so, the first reading could be tomorrow as well. This, according to several news sources.
10-26-2015 Newshound Guru Millionday WE HAVE SEEN MANY THINGS HAPPEN AND FAST IN IRAQ SO WE ARE IN A BETTER POSITION AND SO IS IRAQ IMO.
10-26-2015 RUMOR Guru Mnt Goat We all should be aware by now they continually need a reason not to RV the Iraq currency. The reason now I am hearing stems mainly around security aspects…security, security and more security. My feeling is if ISIS was gone we would have seen an RV already. Remember article 8 of the UN sanctions is the only remaining piece of the sanctions not yet lifted. By not lifting this piece it allows the USA and the coalition forces to continue operations in Iraq as long as they deem necessary. So I can tell you with all my heart and soul there will be NO RV until at least early January 2016 and some indications now show us it may even move out beyond early to maybe mid 2016 unless the effort to combat terrorism is concluded sooner rather than later.