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Kaperoni is looking to August for gradual changes but no full RV
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Kaperoni is looking to August for gradual changes but no full RV
Kaperoni
I am looking at August for interesting developments...the GOI is adamant about the tariffs in effect...no exceptions.
[Is Iraq totally inept or are they being held back by someone on the RV process?] no they need to get the work done...though laws are not needed for a change in monetary policy, they are needed for investors to come in. And the sooner the laws are passed the sooner investors will come. And that is key to the success of the Iraqi economy which will drive the dinar exchange rate up!
[Where are they going to get the money to do their work?] they get money from selling oil for one thing. and exports are increasing daily...they also will get billions in private funds once they pass the laws for a market economy.
[are you saying no rv till August?] i am saying there is no overnight RV...but we may see them begin to raise it gradually then. parliament is on vacation for a month.
[No chance of an emergency meeting to push things through?] no...parliament has stated such before...emergency meetings...never once could they get enough to attend. ...no quorum. [how quickly do you think it will go up once they have it out?] no idea...but i hope fast.
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