Article: “On the Keywords: We have reached an agreement with the Kurdistan Region to open the central bank in Arbil”
AN ABSOLUTELY INCREDIBLE INTERVIEW WITH KEYWORDS (ALAK) ANNOUNCING THE AGREEMENT TO OPEN CBI BRANCH IN ERBIL…
AS WELL AS KURDS RIGHT TO 17% OF SBA LOANS…
[So the Kurds are getting the 17% they have been requesting for yrs?]
YES…AND ARE BUDGETED FOR THEIR SHARE IN EXISTING 2016 BUDGET…THE REGIONS ALL GET THEIR OIL & GAS…
AND CUSTOMS BORDER REVENUE PERCENTAGES…
BASRA JUST GOT 130 BILLION DINARS YESTERDAY FOR PORTS AND BORDER CUSTOMS FEES…WOW!
THAT IS HIS 2ND PUBLIC INTERVIEW IN AS MANY WEEKS…
AND HAS OFFERED INCREDIBLE INSIGHT TO THE CBI STRATEGIES…POLICIES AND ACTIONS…VERY TRANSPARENTLY…
COMPLETELY CLARIFIED THE ROLE OF CBI…ITS PURPOSE & RESPONSIBILITY…
WHAT IT’S MEANT DO AND WHAT IT IS NOT…AND ACTUALLY ILLEGAL TO DO.
ALAK DESCRIBES THE ATTEMPT IN 2015 FOR BONDS THAT WAS HALTED BECAUSE OF HIGH 11% INTEREST RATES…
AND STATING IRAQ DOES NOT NEED TO GET INTO IT…
DOES NOT NEED USD…NEEDS IQD BECAUSE EXPENDITURES IN STATE BUDGET IS COVERED BY DINAR…
SO…THEY RESORTED TO RECENT LOCAL NATIONAL BONDS IN IQD...
AND…LISTEN CAREFULLY…AFTER US & WB OFFER GUARANTEE FOR BONDS…
DRAMATIC BENEFIT OF ISSUING BONDS TO INTERNATIONAL MARKETS! WHOOOOOOOPOW!
SO HE IS TALKING ABOUT $2 BILLION BOND PROGRAM IN JUNE…
WHICH IS ALSO IN THE EXISTING 2016 BUDGET.
