[Did the IMF tell Iraq not to let their reserves get below 52 Billion? Are there any accurate numbers on where the reserves are now?]
GREAT QUESTION AND WILL PUT TO REST SOME OF THE UNINFORMED STATEMENTS FLOATING OUT THERE…
IRAQ’S RESERVE STATUS IS EXACTLY…EXACTLY…EXACTLY WHERE IT IS PROGRAMMED TO BE (ACTUALLY A LITTLE AHEAD) FROM THE IMF TECHNICAL ASSISTANCE ACTION PLAN THAT TAKES THEM THROUGH 2018…AND BEYOND.
IT IS 100% CLEARLY OUTLINED IN THE 2016 IMF LOI/MEFP/TECH MOU…THAT THEY ARE PROGRAMMED TO BE AT 43 BILLION IN RESERVES AT END OF 2016…
YES…THERE HAVE BEEN RECENT REPORTS OF THE RESERVES AT 55 BILLION AND 89.9 TONNES OF GOLD…
SO IF THEY ARE AT 43 B AT END OF 2016 THEY ARE SLIGHTLY AHEAD OF WHERE THE IMF HAS THEM PROGRAMMED TO BE.
