MilitiaMan

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Article: “Central Bank Governor: We Have Started Implementing The Banking Sector Reform Plan”  Article Quote:  “He cautioned that “reducing the value of the dinar will create real competition and activate the industrial and agricultural sectors in Iraq.”  The Prime Minister spoke about competition. The Finance Minister spoke about competition. Now the CBI Governor is speaking about competition. Competition is a key component of a market economy. Looks like the Central Bank of Iraq has had the ear to the IMF. The reform paper terms are initiated now. The terms or basis has to be applied when international. That is all about what is expected next as in what is to follow. Yep, that is implementation of the basis. Read rate or value. Either works for me.