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Sunday, July 8, 2012

KAPERONI POST, 8 JULY


7-8-2012 Kaperoni: This is my view of this article. He starts out talking about the history over the past 10 years, and despite political and economic instability towards a democratic society, the CBI has managed to build a strong national currency that is now reflective of the conditions. And one that each Iraqi should be proud of and interact with. He then takes a shot at Maliki when he says, to hide this national currency will prevent us from improving the living conditions of the many who need it. The next part is just a general statement that the new dinar (lower denoms) is an example of the countries unity, sovernty and success of democracy in Iraq. He goes on to say the dinar will be strong with huge reserves, and foreign assets to back it. And the new currency should not only be stable but rise. He then says three decades of conflict and war have created hard times and slowed economic development. That even the international community considers Iraq a credit risk. He says the CBI has done everything right. That the reserves, support not only the dinar, but the countries ability for interaction with the outside world financially. And that these reserves support the Iraqi dinar, will once again make it powerful and a symbol of sovereignty. Having a strong national currency is what all Iraqis want and is a right guaranteed by the Constitution. There are a few PDFs similar to this on the CBI website under CBI News (Arabic) that came out in June 2012. These are to re-assure the public the CBI is working hard.
Link http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.alsabaah.com%2FArticleShow.aspx%3FID%3D30746

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