MilitiaMan

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Article: “The Central Bank: The reform paper for the banking sector will be launched soon” Quote: “The Central Bank of Iraq announced, on Sunday, that the terms of the reform paper will be imminent for the banking sector.”  The theme in this imo is the wording “Terms”.  Recall last week…there were two large energy companies working on agreements to provide electricity. Both GE and Siemens were telling us they have projects but they couldn’t yet disclose the terms…  Here…the CBI is gearing to expose the terms of the reforms paper.  Terms are at what rate the banking sector will be using to advance it’s current reality. Similar to the terms the two companies could talk about!!