Iraqi Dinar Guru opinions 9-27-16
Iraqi Dinar Guru opinions 9-27-16
9-27-2016 Newshound Guru rcookie Article: “Parliamentary Finance: Financial Management Law will reveal flaws in the state’s economy…” THAT IS PROBABLY THE BIGGEST AND MOST IMPACTFUL LAW WE HAVE BEEN WAITING FOR… SO…WILL BE DISCUSSED IN THE NEXT HoR SESSION… [which is next week right?] YES…TUESDAY…THE FLAWS THAT IT WILL REVEAL IN THE IRAQI ECONOMY…IS THE VERY REASON THE IMF HAS PUT SUCH WEIGHT ON ITS ADDRESSMENT…
9-27-2016 Newshound Guru mike Article: “Parliamentary Power: 4 points of contention hinder voting on oil and gas law ” In my opinion, the HCL will be the law that pushes the Kurd’s to hold a referendum and try to separate from Iraq. There have always been two HCL’s, one was a centralized, socialist type law that empowered Baghdad to make all the decisions regarding oil, they would sign deals with the oil companies, determine where drilling would take place and collect 100% of the money’s involved. The Kurd’s and a couple of other provinces, aren’t for that. They want more control and input over the process and want to limit the centralized approach that got Iraq into the oil mess they’re in now. Iraq has delayed the provinces desire for their own laws and authorities, this will only further subjugate the provinces to the out of touch MP’s in Baghdad.
9-27-2016 Newshound Guru mike By all appearances, Maliki and the Reform Front can get just about any legislation pushed through now in Parliament, just look at the messed up Amnesty Law that was just passed. If Maliki can get his version of the HCL pushed through, he can criminalize the actions of the Kurd’s when they sell oil outside of the SOMO network. Barzani won’t wait for that to happen. Again, this is just an opinion.
9-27-2016 Newshound/Intel Guru BGG Article: “Urgent parliament obliging the government 10 days the progress of modifying the 2016 budget law” [why do the need to modify the 2016 budget?] I suspect they have some “house keeping” to get in order at the “behest” of the IMF… I know they have some missing line item things in the 2017 budget they have to get fixed as well… (about 12 billion worth of oil expense – from the sounds of it – IMF “no likey”… ).
9-26-2016 Newshound/Intel Guru BGG [The Investment Law…is a pretty direct law, any idea what “tweaks” need to be done?] I am not exactly positive about what they are doing with it – but it appears they will make adjustments to an existing law to satisfy international pressures… and by all indications – it will happen soon. Probably one of the final pieces to the puzzle.
9-26-2016 Intel Guru ADMINBILL ACCORDING TO ALL SOURCES THIS SHOULD BE A GREAT WEEK. …”TIME WILL TELL”.
9-26-2016 Intel Guru Frank26 […is the big event that is supposed to happen by November 1 something that we will be a part of…or will it only be for Iraq, as when they went international in July, but was only for them?] Have said many time IMO RI is now with RV in 2017. How can one complain on that opinion? Have also given..two reasons why these seem to have been put ahead of it’s schedule.
9-26-2016 Newshound Guru Enorrste Article: “Iraq to the whitelist financially” it is clear to me that this is all do to the workings of the IMF in the background. I am actually beginning to think that the IMF may accomplish its goal which is to bring Iraq into the world market by early next year. This is something that Iraq alone could not do but we are seeing small pieces of the puzzle coming together on a more and more regular basis ever since the IMF made its promise.
9-26-2016 Newshound Guru Stryker Article of the Day!!! “Iraq expects to move to the white list financially early 2017″
9-26-2016 Newshound/Intel Guru BGG Article quote: “…he said Hafiz said the deal is going on in economic circles on the text submitted an analysis of the budget in 2017 to be taken into account fundamental issues in dispute , particularly the exchange rate of the Iraqi dinar…” they are in the middle of making some final “re-workings” on the 2017 budget… one of them sounds like some different exchange rate…which is weird… how can they “decide” what the price of oil will be – or their exchange rate… unless they already know.
9-26-2016 Newshound Guru rcookie Article: “Rise in the market value of companies in the stock market” Quote: “Mustafa al – Hashimi headed Iraq Stock Exchange to contract with one of the Arab corporate systems and programming for increased activation of the trading process through Alanturnt.ozkr weekly report of the Stock Exchange, seen by the «morning» he hoped the signing of the Convention in October next month and that the service is launching in quarter the first of the year 2017.” THE ONLINE TRADING PLATFORM…THE SERVICE WILL BE LAUNCHED IN 1ST QUARTER 2017…AND THE ISX IS ALREADY REACTING IN ANTICIPATION…
9-26-2016 Intel Guru SteveI …sit back, relax and let this darn frustrating investment come to you. Follow the money and you will see that Iraq is going to be one heck of a powerhouse in the global market.