Tuesday, April 18, 2017


4-18-2017   Newshound Guru mike   Article:  "Abadi's adviser "Economy News": Iraq will discuss with the IMF, the development of foreign reserves"   Quote:  "the Iraqi government succeeded in achieving economic reform, which is reflected positively on the economy."   I don't know how they can say they've already succeeded, there's still a ton of work to do to change Iraq's economy. Iraqi's have a way of saying what other people want to hear, especially when it comes to the guys who are giving them billions of dollars with economic strings attached.  The IMF did ask Iraq to reduce the government payroll, implement anti-money laundering plans, repair the banks and begin the tariff program for imports. Maybe that's what he's talking about when he says they've succeeded in achieving economic reform. I hope not.

4-18-2017   Newshound Guru BGG
   [Do you think that the IMF meeting with the CBI and GOI this weekend could be the GO/No Go meeting for the Revalue of Iraq's currency?]   ...IMHO it looks as if all these "talks" will happen first - THEN the Executive Board will decide and vote on, what to do.  ...the next few days are going to be very, very full of activity. Followed up by the IMF Executive Board.   I'm saying - the end of April... up through about the 29th - is a VERY BUSY TIME for Iraq and the world financial overseers.

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