The IMF met with Iraq this past week…and they told them in order to receive any further loans…like for example the $650 million dollar loan that is waiting for them in November…they have to do two final things that they have not done…you have to finish the Financial Reform…before November…this is Iraq’s window…IOO. Allak is saying the very same thing…all is done…but the currency reform is not…it is the only thing that is left…and the IMF is demanding that they do this before November …the CBI and the IMF are now talking about these issues. The Rafadain and Rasheed Banks are now poised and set to make loans to citizens…and even to sell the American dollar to the citizens and…why…because the auctions will eventually disappear…because there were the requirements… among many that the IMF had for them…but they have not completed the Financial Reform.
They must finish their Financial Reform…the CBI is giving you their step by steps…this information about the IMF and Iraq is HUGE. A long time ago the IMF told them…we are going to help you but you have to lift the 000’s…and in December of last year…they laid out the plan…and here we are seeing it unfold…would you not agree with me that they are international. IMF said look we will take you into the international theater by the middle of the year 2016…and they did..and now it is their turn IMO to finish the final obligation that the IMF demands of the GOI and CBI. …the conclusion of Fallujah has brought the Economic Reforms…it is the Financial Reform of the CBI that needs to be done now…the CBI…along with the GOI is about to follow these orders…IMO.
The government right now is actually gone…it is a certain type of holiday that is a continuation of Eid. Let’s look after the holiday…because they are looking at about a five day holiday for this Sacrifice Feast…after their Eid ended…and if you include these extra days…Friday, Saturday, Sunday…it is a total of about nine days that the GOI has to come back and communicate with the CBI…and determine if they are going to follow this last step…the CBI said they would lift the 000’s…and would be ready by 2017…but that was before this meeting with the IMF…the latest information we have from the CBI website in Arabic…Allak knows these steps…and under his watch he may get some very big credentials…if when they come back the CBI and the GOI decide to lift the value of their currency.
