Ariel
@Prolotario1
The minister of finance Taif Sami already stated that Iraq has completed 100% of their banking reform right?
You do know they can release the new exchange rate at anytime from now correct?
You do know that they are prepared to start paying salaries from the new scale right?
Get your affairs on order in quick succession.
Hot Off The Press
This will have important implications for the timing of a new exchange rate release, as the stability and cooperation within the Iraqi government are critical factors in creating an environment conducive to economic reform.
What it means?
The passage of these bills suggests that Iraq’s deeply divided factions are finding ways to cooperate, even on contentious issues. Political stability is a cornerstone for implementing large-scale economic changes, such as revaluing or adjusting the Iraqi dinar exchange rate.
Resolving these issues may encourage foreign investors and international organizations to support Iraq’s economic plans, including monetary reforms. The Iraqi government has long stated that political agreements and economic reforms go hand in hand. By addressing key legislative bottlenecks, the Parliament paves the way for further measures like fiscal adjustments, budget finalizations, and a revaluation of the currency.
#BREAKING: Articles of the controversial Shiite Personal Status Law, Kurdish Restitution Bill for land and properties seized by the former regime, and the Sunni-backed General Amnesty Bill have been approved by the Iraqi Parliament. The session is currently suspended, with… pic.twitter.com/3tmy5FQ5lq
— Zoom News (@zoomnewskrd) December 2, 2024
My legend status is pending…..
FYI: I know of a few people who have Iraqi Dinar who are going around calling it scam just to discourage others from buying it.
When that 3.50/0.285 pops up on the Forex market I will be posting it for everyone who bought their IQD for only 10-100 dollars who will then be multi millionaires. And I will not apologize for those who are waiting for this to validate their opinions about it being a scam. I will laugh, wink, and ignore you.
