Beginning of the White Paper reforms for Iraq …The Wealth Transfer is coming… yes it is in progress. Weeks ago the IQD was taken off the sole peg to the US dollar. Surprise, surprise…!!! …This was done while implementing the US Treasury electronic platform. The reason for the platform was not just to curb corruption but also for Iraq to get off the US dollar. Yes, finally ditch the dollar. …Like many changes this will take time to adjust… Then Al-Alaq implemented quickly yet another step to the process including the lock-down of an official rate of the IQD.
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