Kaperoni

An article today from Parliament clearly states they have no intention of deleting the zeros at this time.   As I’ve said in the past, parliament’s plan was a LOP. That is a neutral event and we do not want that.   What we do want to see, is a foreign investment to come into Iraq and begin to rebuild and create a private sector putting pressure on the financial system allowing the CBI to float the currency. The interesting statement in the article references the 2020 budget deficit as the primary reason for the delay which could mean they’re waiting to see the effects of the launch of the market economy first.

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