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Tuesday, December 6, 2016

DINAR GURUS UPDATE, 6 DEC

12-6-2016   Newshound Guru rcookie and BGG   SO UNTIL THAT BUDGET IS VOTED ON AND PASSED...WHAT DOES THE IMF & IRAQ HAVE TO MEET ABOUT...    Article:  "IMF Executive Board Completes First Review of Iraq’s Stand-By Arrangement"  Quote:  "December 5, 2016   IMF disburses about US$617.8 million following completion of first review of Iraq’s reform program"   Wooo POOOOWWW!!!  [post 2 of 2]

12-6-2016   Newshound Guru rcookie    THE IMF REVIEW IS A CHECK AGAINST IRAQS COMPLIANCE TO FISCAL REFORM COMMITMENTS...IRAQ MADE IN MAY (AHMAN,JORDAN) IN ORDER TO BE APPROVED FOR THE 1ST PART OF SBA FUNDS ACCESS...THE COMPLIANCE CHECK AGAINST FULLFILLMENT CAN ONLY COME FROM 1 SOURCE...   [Passing the budget and passing laws?]  THEY HAVE BY ALL REPORT ACCOUNTS MET THE REQUIRED REVENUE & EXPENDITURE MANDATES IN THE APPROVED DRAFT OF THE 2017 BUDGET LAW...BUT STILL REMAINS A REPORT UNTIL IT IS VOTED INTO LAW...  [part 1 of 2....stay tuned]

12-6-2016   Newshound Guru Kaperoni   Article:  "Finally .. withdraw your money in Iraq from ATM "  I do...believe this is a significant step forward for Iraq as this advancement will improve Iraq's banking system activating e-commerce, ATMs, electronic transactions, etc. As stated in several articles this is necessary to meet international standards. Which we know is a requirement for international banking and eventually Article VIIIAll measures that will help the dinar appreciate when the time is right.  All of this will have an effect on corruption. And show the global financial system Iraq is ready for international transactions.

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