Mnt Goat

  In Dinar Guru Updates, Mnt Goat

Article quote: “…the government resorted to BORROWING FROM THREE GOVERNMENT BANKS TO SECURE EMPLOYEE SALARIES FOR THE MONTHS OF MAY AND JUNE NEXT.” So for now it appears the Iraq did not print any more currency or devalue the dinar. Instead they borrowed from 3 major banks to meet the employee salaries for May and June. Will oil prices rise fast enough to meet the July and onward salaries?…