This is about Iraq…Iraq entering the global markets…
[Seems like they need money to enter the global markets…?]
No…they don’t need money to enter the markets…they are currently in the markets with the USD…
They want to enter with the IQD…the logic is when they enter there will be a change in the IQD.
Try to keep the issues in their separate departments…reforms are internal to Iraq…a change in the status/value in the IQD is external to Iraq.
Entering the “markets”, entering the “economy markets” is referring to how the financial markets outside of Iraq handles the IQD…
When we see “activate the private sector”…that is exactly what we want them to do…because, the private sector needs to deal, buy, sell to the global markets in the IQD.
My point is that a change in value is our #1 issue…but, getting into the markets in #1 for Iraq…and then the affect of that will be a change in value of the IQD.
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