Iraqi Dinar Guru opinions 5-16-16

Iraqi Dinar Guru opinions 5-16-16

5-16-2016 Newshound Guru Millionday Article quotes: “Finance Minister Hoshyar Zebari arrived on Saturday, the Jordanian capital, Amman, on top of a large government delegation that included the governor of the central bank and adviser Economic Prime Minister and senior ministries of oil and electricity, planning officials and BSA as well as public bodies for Customs, taxes and retirement, experts and the Ministry of Finance and the World Bank Central.” “to resume negotiations with the International Monetary Fund to seal the Stand -By agreement…” THIS IS A FORMAL MEETING WITH IRAQ AND THE IMF… INTERNATIONAL MONETARY FUND. NOTE == TO SEAL THE AGREEMENT.

5-16-2016 Newshound Guru Millionday THIS IS TO ENSURE THE CREDIT RATING FOR INVESTORS AND ALSO THE MOVE TO ACTIVATE THE STANDBY AGREEMENT AND MAKE IT REALITY. THIS IS A HURRIED EVENT TO MOVE FORWARD WITH NOT ONLY THE ECONOMIC REFORM BUT ALSO TRADE == HENCE THE CUSTOMS AND TARIFF…IT LOOKS TO ME AS THOUGH THEY ARE MOVING FORWARD WITH THE ECONOMIC REFORM AND…OPENING THE BORDERS FOR INVESTORS == DOES THIS MEAN TODAY? WE DONT KNOW… BUT THIS IS HUGE HUGE HUGE.

5-16-2016 Newshound Guru Mountainman Article quote: “David Lipton, first deputy managing director of the International Monetary Fund arrived in Tehran Sunday. He will confer with the governor of the Central Bank of Iran…The IMF delegation will also call on economists, bankers and business leaders, the CBI…” These ARTICLES are CARRYING A FRESH WAVE after WAVE of the THEME of IRAN…The ESSENTIAL Partner of IRAQ…these are Also WORTHY of ONES ATTENTION…IMO. Well 2 SHIA BROS have A Date…A WEDDING DATE that is…and NOW the IMF and Other Relevant Agencies Are on Task to Bring IRAN Up to Speed and in COORDINATION w/their SHIA BROTHER {IRAQ}…Hey IMF is this “WHAT” You also Have Been Discussing in the CONCLUSIVE MEETINGS w/IRAQ…???…Gotta Love it…For (IT) is WHAT We {ALL} are Waiting to See…Hey WTO…HOLD On…the WAVES of CHANGE are COMING IN…IMO.

5-16-2016 Newshound Guru rcookie THEY ARE AT THIS MOMENT…IN AHMAN JORDAN…SITTING ACROSS THE TABLE LOOKING THE IMF…WB AND G7 DELEGATES IN THE EYE…NEGOTIATING THE FINAL TERMS OF SBA WHICH IS THE ONLY POSSIBLE HOPE THIS COUNTRY HAS FROM TOTAL ABYSS…THEY HAVE JUMPED THROUGH HOOPS TO COMPLY AND DEMONSTRATE EXEMPLARY PERFORMANCE UNDER SMP…AND HAVE EARNED THIS OPPORTUNITY…WHY OR HOW COULD THEY LET THIS FAIL NOW…AND IF SO…THEN WHAT…

5-16-2016 Newshound Guru Millionday Article quote: “The government program stressed the need to implement phase mission towards building a strategy for the development of the economy and to support and develop the private sector to take its role in contributing to the new construction of the economy…” A FREE MARKET ECONOMY IS PART OF THEIR CONSTITUTIONAL RIGHTS… OBVIOUSLY THIS IS THE PLAN TO ACTIVATE TO A PROMISED MARKET ECONOMY. THE PRIVATE SECTOR IS GOING TO WORK TO IMPLEMENT CBI’S PLANS AND GOALS FOR IRAQ…

5-16-2016 Newshound Guru Millionday THIS IS WHAT THEY NEED AND OF COURSE WHAT ALL INVESTORS WILL GAIN FROM == THE REASON IS THAT THE DINAR HAS TO BE PRICED SO THEY CAN BE INTERNATIONALLY ACCEPTED. OBVIOUSLY HUGE PROGRESS ON THE WAY == LOVE IT. [Is it a discretionary call as to when the fair market value would be applied or would it be normally be before or after the stages of going to a market economy?] IT WILL HAVE TO BE DONE BEFORE THEY GO TO MARKET AND ALSO BEFORE THEY GO TO SDR IF THAT TURNS OUT TO BE WHAT HAPPENS == EITHER WAY OUTSIDE OF IRAQ IT HAS TO HAVE THE GLOBAL EQUATION APPLIED.

5-15-2016 Newshound/Intel Guru BGG Sounds like to me – the IMF is putting some REAL PRESSURE on the GOI to get things back together and moving forward…IMHO…

5-15-2016 Newshound Guru Mountainman …My ENCOURAGEMENT for You TODAY is be At REST…this is A LAUNCH of TIMING that Is Patently OBVIOUS… {ALL} We have DREAMED About… the FINAL STEPS of PROGRESS and The IMF/GOI’s Intentional DIRECTIVE to Receive LOANS and IMPLEMENT Procedures/LAWS that Will {DEMAND}/REQUIRE a CHANGE of their RATE this YEAR…Just as the IMF has Said…NOW is The TIME to PAY Close (ATTENTION) to that Which ONE has “HOPED” for and Believed there is A PURPOSE One has w/ this Blessing…for You…May We {ALL} be CONFIDENT and ASSURED of the TIMING of NOW…IMO.

5-15-2016 Newshound Guru Aggiedad77 How interesting that we see Allak talking bonds in Beirut with the head of the Parliamentary committee on Economy and Investments as well as the head of the Iraqi National Business Council. Allak lays out a plan to pay Iraqi contractors with these bonds…thru what he calls “government debt bonds”…Why would a contractor be willing to take a bond based on worthless program rates of a country…perhaps because of good things being promised in the near term that will positively impact the value of said bonds…

5-15-2016 Newshound Guru Chattels The importance of politics or government in Iraq relates to the ability of Iraq to repay debt/support their currency. There is little question as to the assets/wealth of Iraq/collateral, but can Iraq produce the asset? Can Iraq get oil to the marketplace reliably. Iraq’s ability to produce reliably is dependent upon it’s stability and security. The budget, political stability and security all impact upon production and the payment of debt/currency support. Whether Iraq can make the necessary change(s) and assurances required by international finance (IMF) which is the subject of the meetings in Jordan may be critical for us. Iraq needs an acceptable international credit rating or standing to survive and thrive.

5-15-2016 Newshound Guru Chattels Finance is driven more by ability to repay reliably and timely than the existing collateral. The fate of our investment may depend upon it. IMO. Finance is more interested in performance than potential is my point. Iraq has great potential, but can it perform. Iraq must function better in order to reliably perform. The IMF conditions precedent or attendant to a loan(s) are intended to improve upon function and performance by Iraq. The IQD, Iraqi script paper, is essentially a promise to pay. The script is in and of itself worthless without the ” full faith and credit ” of the Iraqi government.

5-15-2016 Newshound Guru rcookie Presidency of the Council of Representatives Statement quote: “Concern for the democratic and political process of the project in the country through the early holding of a comprehensive meeting of the House of Representatives this week.” SO POLITICAL BLOCS MET THIS MORNING AND AGREED TO HOLD COMPREHENSIVE PARLIAMENT SESSION THIS WEEK…

5-15-2016 Newshound Guru Aggiedad77 …The 2017 budget…yes it is quickly coming to that time when budgets must be developed and guessed at…and the crystal ball for Iraq sees not much ado about anything…nothing to change for 2017 so they say…Well…my opinion…as this year moves forward, I can’t help but wonder if they will have much to crow about over new changes to their budget…new headway to be made going forward with realistic and international ramifications to be dealt with for the coming new year…don’t get your celebratory hats on just yet…but keep a sharp eye on this moving ball.

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