Iraqi Dinar Guru opinions 5-5-17
Iraqi Dinar Guru opinions 5-5-17
5-5-2017 Newshound Guru MadDScout Article: “Baghdad – Journal News The parliamentary finance committee confirmed that the World Bank’s step in reforming the financial system in Iraq is an important step in supporting investment in the country.” I am thinking this is their confirmation that they are taking the advice of World Bank and moving forward on reforms.
5-5-2017 Newshound Guru 1bobby Article: “Iraq Launches project to reform and modernize the State’s financial management systems” [Does this, you think, include smart cards for the Iraqi population?] The smart cards are becoming a mainstay/reality in Iraq on a daily basis. I think we saw 10 more Ministries going to the smart card as far as salary/payroll. The more e dinar we see, the better off we are.
5-5-2017 Newshound Guru Enorrste Article: “Vice: oversees the United Nations five-year plan for economic development in Iraq” i agree with KAP [Guru Kaperoni…reference post 5-2-2017] that the IMF is what she is referring to. This confirms and ties into what we have known for some time, namely that the IMF is controlling the plans for change at this point. Furthermore, they are on record that they intend to “bring Iraq into the world market” sometime in the first half of this year. If they are on schedule then we should expect some significant changes within the next 60 days. Of course this is Iraq, and even with the control in the hands of he IMF, it is anyone’s guess how long it will take to get to the float.
5-4-2017 Newshound Guru Phillyman Article: “IRAQ, US IN TALKS TO KEEP AMERICAN TROOP PRESENCE AFTER IS” Liking all the news of forward movement after a slight lull. They are getting it done and also working on US military long term presence.
5-4-2017 Newshound Guru Kaperoni Article: “Parliamentary Finance: World Bank pursues tough policies with Iraq” Quote: “The World Bank’s move to reform the financial system in Iraq is an important step in supporting the country’s investment, the parliamentary finance committee said on Thursday.” As I have stated over and over, the banking system is the key. You cannot have private investment if you cannot get your profits out of Iraq. So they are now being held to the fire to get it open to the world (ie electronic banking, reduced corruption, IMF compliance, Article VIII, etc) so investors will come and develop the private sector.
5-4-2017 Intel Guru RayRen98 After being held back for two weeks, Iraqi TV reports that troops are given permission to advance on the northern sector of the western Mosul area and head towards center of the last area to be liberated. This should be a short-lived situation.
5-4-2017 Newshound Guru Kaperoni Article: “Abadi: We need to strengthen the economy and the protection of the national industrial and agricultural product…” Quote: “…we want to increase Iraq ‘s exports of many materials and we want to give Iraqi concessions for industrialists who can to issue so that there is not only a departure from the currency but the currency intervention and a trade exchange between Iraq and states on one level this is important in activating the work…” …Abadi is telling the public they are trying to “create the conditions” so investors and investment comes to Iraq. Only then can they move off the peg and let the world decide what the dinar is worth. These kinds of articles to me are very reassuring.
5-4-2017 Intel/Newshound Guru Frank26 …Not until Abadi announced the FULL LIBERATION of Mosul will you see anything on the RV. We are looking further as Teams as to why Mosul is NOT yet liberated. Security / Stability for the citizens is key now… we logically feel that Mosul is almost liberated)…Give me Mosul … Give me the Grand Old Mosque … Free the citizens and you will see the MR very, very quickly…This final cleaning / mopping is to FREE the citizens – to reinstate the citizens back into their homes. The HCL REQUIRES THIS … along with the BUDGET!…The EAST SIDE of MOSUL is back … banks are open, schools are open, everything that is ready for an RV is ready … but that is not the case on the WEST SIDE…You’ll never know the details of the mopping phase – just know … that is why you need to give them 3 more weeks … that is … unless that has already been done…I believe we are close – this is more like us “picking them off” – and I don’t think it will be much longer at all.