Enorrste

[The debate continues….]

Each of us is looking at a different set of numbers.

In any case, I would personally take Keywords at his word, regardless of the numbers.

Saleh’s statement is sort of like Trump’s “I hope” statement.

“Like … Read More

Enorrste

Mike …according to Keywords the “reserves” are $47 to $49 billion while you say they are $40 billion.

That’s a big difference.

Also, Keywords says this…: “the amount of foreign currency reserves in the bank exceeds the amount of Read More

Enorrste

Enorrste: Mike, four small points:

According to the CBI website the Gross Foreign Assets at the CBI as of May 25, 2017 totaled $53.4 billion.

Saleh has stated more than once that the dinar is or will be one of … Read More

Enorrste

According to the CBI website the Gross Foreign Assets at the CBI as of May 25, 2017 totaled $53.4 billion.

Saleh has stated more than once that the dinar is or will be one of the strongest currencies in the … Read More

Enorrste

The central bank prepares banks and transfer 25 million per month

The article makes it clear that “overarching corruption” is not an issue, at least with this part of their plan.

This is a simple money supply reduction … Read More

Enorrste

Article: “The central bank prepares banks and transfer 25 million per month

Here is my take on this important development.

It occurred to me that what we are seeing here is a plan to use some of the … Read More

Enorrste

Article: “The Amman meeting with the IMF result in a supplementary budget for the current year

This refers only to a small supplementary budget and the strings that the IMF is placing on Iraq to accept the money.… Read More

Enorrste

Article: “Vice: oversees the United Nations five-year plan for economic development in Iraq”

I agree with KAP that the IMF is what she is referring to.

This confirms and ties into what we have known for some time, namely … Read More

Enorrste

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 Read More

Enorrste

Iraq’s huge potential as an investment opportunity

Quote: “Now is a great time because there is a sign of increasing stability, politically, and there is also a sign of growing international commitment to the redevlopment of Iraq, Read More