Remember, the biggest impact of the Investment Laws is the removal of the exchange restrictions, i.e. money entering Iraq and leaving Iraq…
This issue, IMO is that the ISX is on the verge of tying into the other 23 country trading platforms…”entering the markets”.
IMO, the HCL is a budget issue and has zero to do with Iraq entering the markets with an international recognized currency.
[Remember, did the IMF MoU say anything about the HCL?]