Article: “Baghdad/ Iraq TradeLink: Iraqi Acting Finance Minister Abdul Razzak al-Issa stated that the financial reform in the country, in cooperation with the World Bank (WB) has been started.”
IMO the IMF and the World Bank made a plan.
The World Bank and the IMF have agreed as of December 2016 to follow through – known as the “Financial Reform” of the IQD.
As you know…there was a delay due to stability / security / Mosul.
Three days ago, an article came out and said that they had LAUNCHED their Financial Reforms.
They (IMF & World Bank) have been demanding for Iraq to do this.
Iraq will not be able to go back on their agreement.
They have LAUNCHED the reforms family!
Delta has told us that in Arabic…they HAVE LAUNCHED the FINANCIAL REFORMS in Iraq.
This is the first time we (Team) recalls seeing an article where the World Bank and the IMF DEMANDING of a country to do their financial reforms.
As you know, the IMF and the World Bank only deal with money issues – they are not a political organization.
The BUDGET to INVESTORS…they all need a change in the rate of the currency of Iraq.
Consider this month of May…the event of Ramadan…it lasts for 30 days…
It starts on the 25th…and leads into a 3 day holiday called EID…which helps the poor.
In the 8 years I have been with you…they don’t do anything during Ramadan or EID.
Maybe this is why the monetary reforms should happen BEFORE Ramadan.
Keep in mind…you don’t stop a LAUNCH in mid-flight!
