Tuesday, May 30, 2017


VSDK:  Delta... over time we've always heard (from Iraq) things like "in the coming days" or "in a few days" but was it misinformation or does "in the coming days" or "in a few days" or "soon" have a different meaning in the middle east?


البنك المركزي العراقي يحاول الانتهاء من جميع المزادات بسرعة كبيرة قبل نهاية هذا الأسبوع   DELTA

PappaJack: (Translation)  CBI is trying to finish all auctions very quickly before the end of the week

APMCRX:  From post #20...

“The reform of the monetary policy should not only reform the value of the dinar, but should include the interest rate and the terms of lending. The Iraqi central bank will be half the economic solution in Iraq and the other half will be linked to the government's fiscal policy and the reform of the loose administrative structure of the Iraqi state.”

They know its coming!!! (wink)

Chris05:  and we know it is coming!!!  (wink)


SC1:  Thank for all of the great great encouraging and exciting news on this evening's CC !!!

In light of the many many encouraging news, particularly the SS (spread sheet?) change to 0.91, and many other things, and as we sharpen our pencils and focus on our study for the time period from June 2nd through June 9th 2017, considering the plight of the Iraqi people and praying for their safety, recovery, and rebuilding with security and stability, it seems clear that they will truly be hurt most if for any reason the lava flow of the progression of the MR drags on or delays much longer.

And to this end, thinking of the Iraqi people and the successful steady improvement of their lives and rebuilding of their nation, along with safety and security:

(with all positiveness and hopefulness) :

1.)  How will their many companies, particularly phone companies and airlines, survive and not go bankrupt, if they do not very very soon have an increased value and increased purchasing power of their currency  ?  (How long can the phone companies stay in business with 90% reduction in their prices ?)

2.)  Three weeks ago, back on May 8th, Delta very kindly brought to light for us the Paris Club information, in particular: "...the IMF can go back to the Paris Club and say, you know what, Iraq is not listening to us"   [[completing their financial/monetary reform   [[increasing this value of their currency ]]   ]],  " and with this the Paris Club nations have the right to then go back to Iraq and demand the full payment of what is owed" [[the forgiven debt]] ", like $180 trillion dollars...to wipe out this debt...80% of it they have to the IMF and work their deals"

  -- So, considering how vital and crucial this is to the Iraqi people and their recovery and rebuilding:

     ---  What date has been set by the Paris Club for Iraq to cooperate with the IMF,  that is,  for Iraq to raise the value of their currency and complete their Monetary and Financial Reforms,   before the IMF notifies the Paris Club and the Paris Club cancels their forgiveness of Iraq's debt and demands full repayment from Iraq, and thus, ultimately, from their people and businesses?

[[It is my humble understanding of business that such agreements with such large financial institutions carrying such a condition of listening (compliance or non-compliance) can only be determined if it is measured or bound by a specific time marker or point in time...]] 

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