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Tuesday, May 1, 2018

MNT GOAT TIDBIT, 1 MAY

[There appears to be still $4.5 billion remaining with regards to Kuwait War Reparations. Does that remaining $4.5 billion have to be paid out before the reinstatement of the Dinar can occur?]  


 Months ago Kuwait and Iraq signed an agreement to pay down this debt in propane gas. 


Only they need a pipeline and are now building it.


 The recent payment to Kuwait is part of the agreement.


 ...the key to pay off of the war reparations is whether the IMF and Kuwait both agree to it. 


As long as both are satisfied then as far as the sanctions go it is done. ...in December 2017 it was announced Iraq is now “fully” out of Chapter VII? Just weeks before this announcement they told us this gas deal with Kuwait.

So they couldn’t have gotten out of Chapter VII sanctions without also having struck some deal with Kuwait and the IMF for repayment. 


You see it is not the actual repayment that is important, but rather it is the satisfying the IMF and Kuwait of assurances of repayment in the future much like a secured loan would do. 


With Abadi as prime minister (and probably will get a second term) they know the govt will not default on the agreement. 


So the IMF took them off the sanctions. This was the last item to complete to get out of sanctions and they told us this many times in articles. So this is done as it would have to be to get our of Chapter VII

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