DINARESGURUS.BLOGSPOT.COM_________

Friday, July 29, 2016

KTFA UPDATE, 29 JULY

KTFA
ReddStarr:  Just my 2 cents.....for what it's worth.....Delta was bringing up a good point....and a reminder....of what the WB stated back in 2013.....over three years ago....that article was in reference to the banking "restructure".....happening for the Rasheed and Rafidian banks.....a requirement....to move forward......

Keep in mind....even years prior to that....Iraq had already started on the banking reforms....they failed to meet a lot of requirements.....none the less....they continued to work on them....for the last 10 years plus....so.....it's not like they were starting from scratch....IMO....over time....a large percentage was completed....guess who was part of the financial sector review back in 2009....I believe....don't quote my year....Ernest and Young....

They stated that Iraq needed to develop an auditing system.....LOL.....back to them in a minute....stay with me....fast forward to last week....the WB comes out again...with Japan.....and announces that Iraq is receiving 4 grants....to support the government’s development and reform programs....and to enhance institutional efficiency.....IMO.....helping them to move closer to the international stage....


ReddStarr:  The WB has made no reference...in recent articles.....in regards to the "banking restructure".....because it's already been completed....it has been for some time....IMO...now...they are moving forward with the remaining reforms.....they are working with Iraq...and getting them ready for ALL the International companies coming in.....

Why else would they be asking....."Iraq to improve their performance through the WB doing business report"....that is a quick index for international companies to get information.....making sense.....ok.....so...now....just two day ago.....we hear that the Rasheed and Rafidain banks have partnered up again with Ernest and Young....the largest auditing and advisory firm....."in order to keep pace with global technological developments in Iraqi banking business".....

Why now....because we are nearing the end....and they are needed....like I mentioned above....in order to be in international compliance.....so Delta is correct....the "lifting of the 3 zeros".....is looking very near folks.....take it to God in prayer...

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.