SlappySquirrel: I feel like we are past the studies of the monetary reform more or less just waiting for a rate change at the CBI.
Whatever: I tend to agree, they’ve been given an emphatic demand by the Word Bank and IMF as well..All we can do is sit out the long weekend and pray this ride is going to end and the poor suffering people of Iraq will be given relief as well.
SlappySquirrel: The return of the displaced…Done
Complete border security….Done
Mosul “handed” over to local police..Done
Dodd/Frank ironed out for GO contracts oil/gas…Done
MCP GONE…Done
Article 8… Done
LD’s distributed to banks…Done
CBI rate change….???
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DELTA: Banking expert: Government implement the economic reform program in cooperation with the International Monetary Fund
Khalk: Salah Baban ,
an economist stressed that the Iraqi government developed in 2017 , a plan consistent with the emergency conditions experienced by Iraq because of the sharp fall in global oil prices by 70% compared with the beginning of the year 2014, noting that the plan took into account the non – oil resources available in Iraq during this year, stressing that the plan developed in cooperation with the IMF in a program of economic and financial reform in 2017
, said an expert in the financial and banking adviser to the Iraqi Association of private banks Samir Nasiri Affairs in a statement to the media network Khalk, on Wednesday, that the government of Iraq E Despite the economic conditions critical, it succeeded in developing a court economic plan this year to cope with the economic crisis experienced by Iraq, especially after falling oil prices to the unexpected level by an estimated 70% from the beginning of the year 2014, stressing that the IMF has contributed to the development of the economic plan for Iraq to cope with the current crisis, especially with regard to economic and financial reform program for the current year.
Nasiri pointed out that the recovery of the Iraqi economy indicators began to appear after the relative rise in global oil prices during the period from the beginning of the current year to the day, especially during the current month, adding that oil prices began to rise this month after the implementation of the OPEC agreement to cut production and reduce supply in the market oil in the world.
He added that this agreement has led to a relative recovery in the Iraqi dinar in the light of the prudent monetary policy followed by the Central Bank of Iraq in the development of new applications in line with its strategy for the years of “2016_ 2020 mechanisms , ” explaining that this strategy perfectly in line with the economic and financial reform program was agreed upon with the international Monetary Fund and in particular the first and second , which took place between the Iraqi delegation and the delegation of the World Bank in Washington for review.
He explained that these results give us the recovery of the Iraqi economy and Iraq a positive sign will come out of its crisis at the end of the year after the completion of the war against Daesh, and the government ‘s attention and orientation towards what has been planned during the first half of the current year.
http://www.xelk.org/ar/detailnews.aspx?jimare=6406&babet=aburi&relat=5187
DELTA (wink)
LoneStarCowboy: ~~Step right up folks, we have a winner~~
I love that word “implement”.
And now……we are on like Donkey Kong!
May we now find grace while the economic reform unfolds!
Thanks Delta for this 24 karat gold nugget! LSC
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Iobey77: DELTA!!! Now if only the CBI will just DO IT!!! IMO, The end of the year is NOW!!!
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Aggiedad77: Here’s my IMO of this economist and what he’s trying to get across…..several points actually……1st. Since 2014 Iraq has fallen into an abyss with the falling oil prices and how it’s come to light that Maliki and other corrupt politicians and goons have robbed this country literally of almost all their money…….they have yet not taken a down and out attitude…..
I continue to applaud PM Abadi who has had to stand in the face of a hailstorm of opposition, not only from within his own country, but also from certain world leaders on the outside as well…..no easy task for him to stand up in a den of thieves and say we will have integrity and honesty and we will deal with corruption and terrorism at every level, doesn’t matter if it is political, religious, or sectarian, we will oust the ones who have perpetrated these injustices against the Iraqi people…..
And here they stand with the approval of the IMF for their efforts….with the approval and help of the WB for their efforts…..this has been no easy task by any stretch of anyone’s imagination……but get ready world….because this economic scholar and others like him including the HUGE CHEERLEADER Dr. Saleh, Abadi’s right hand man are trying to let the world know……”YOU AIN’T SEEN NOTHING YET”…….
How many more ways can they tell us…..it’s coming…..get your boots on for the ride you’ve been looking for……not next year…..but now….as in the NOW….it’s coming…..the BEST is coming….in so many ways…..all said IMHO…..whew I got a little excited putting all that into writing…..I better sit down for a bit….wait I am. Aloha Randy
Apmcrx: He added that this agreement led to a relative recovery in the Iraqi dinar in the light of the prudent monetary policy followed by the Central Bank of Iraq in the development of new mechanisms and applications consistent with the strategy for the years of “2016_ 2020,” explaining that this strategy is fully consistent with the program of economic and financial reform, Agreed with the International Monetary Fund and in particular for the first and second review between the Iraqi delegation and the delegation of the World Bank in Washington.
Imo this is saying…
55 mph speed strictly enforced…Men working.
Then full max speed…
Don’t believe me?!?!?!…. just watch! (Bruno Mars) lol
SlappySquirrel: Imo..its saying GO (gas and oil)!!! it also says because of these oil deals the past weekend it “HAS LED to a relative recovery” <<— past tense (already happened) in the Iraqi Dinar. The OPEC deals were needed to help drive up the value of the Dinar and the price of oil can be used as a barometer per CC notes..
I’m pretty sure it’s saying GO BABY GO!!! as fast as the price of oil will allow!!!
