Article: "Parliamentary Legal planned to introduce a number of important laws to parliament table"
Quote: "all of these laws are important, and we will work on in the coming days."
They been saying this for the past two years.
I'll wait until I see them passed before I get excited.
Article: "Iraq confirms his efforts to join the World Trade Organization" I have never really cared much about the WTO except for that fact it motivates Iraq to currency reform.
Once the CBI reform starts, we all will decide the appropriate time to sell our dinar.
Article: "Iraq and the United Nations sign an agreement to establish a fund to finance the "economic reform"
I believe Iraq is coming to a crossroads in a few months. Once Mosul is clear, there are no more excuses to not build a market economy.
And under the current circumstances, Iraq has little choice but to pass the laws and open the banking system.
The other option is not good since Iraq cannot even make payroll under the currency revenues and oil dependence. They will need to put people back to work to rebuild and develop the economy very soon or this could all start another cycle of violence and instability.
Article: "Currency damaged .. share ample haunt the people of Kirkuk and dissipate their salaries" Quote: "...calling on "State-owned banks to address the currency damaged because the majority of the provinces dealt with the damaged currency through government banks..." This is a very important thing. Remember last time they were about to start the program under Shabibi and the currency was also worn out.
When they didn't, they ended up reprinting many of the notes (under Abdel Basset Turki) so the citizens would continue to use and have confidence in the dinar.
To me, it looks like we are getting to that point once again.
Hopefully, to move the economy forward.
Another reprinting is not beneficial.