Kaperoni

  In Kaperoni

Can factually say that in 2013 Iraq was about to float the Iraqi dinar. There was directives from the IMF, Shabibi announced he was about to begin reforms after 14 months of stability and I was present at a market maker’s facility where a trading platform was constructed. All in support of floating the dinar as stated in the IMF Article IV Consultation. This is the process and this is how monetary policy works. After many years and corruption and lack of success, Iraq needs to implement economic reforms and get back to this process.