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Frank26 says Iraq has completed all IMF requirements...
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Frank26 says Iraq has completed all IMF requirements...
Frank26
...these are interesting times...with our investment...we told you that IMO I felt around the 15th of October or just after that date the battle of Mosul would...start...
I seriously, truly, and sincerely believe that once Iraq was put on the white list there was a decision made for Mosul...IMO...at 3:03 am on the 16th of this month I believe the Monetary Reform was put into its full swing of completion.
The most important thing about Mosul...is that it has given us SS...STABILITY and SECURITY...SS is the reason why we are walking in the direction of the Monetary Reform now...from the nanosecond they were put on the white list...to the moment of the 3:03 am launch to attack Mosul...to begin the battle...those were the beginning of the green lights that have brought us SS now...
Iraq came out and stated they have completed all IMF requirements...
For the Financial Advisor of Abadi...Saleh...to come out and say...we’ve done everything the IMF has told us...how bold is that...for the IMF...to actually come out and say we are giving you now your second loan...in about 10 days...that will put us right about the beginning of November...I believe deep in my heart that the Monetary Policy has been launched.
This Monetary Reform Plan is from the IMF...about six or seven years ago they put this together with Iraq...the Transition Rate right now is part of this plan...
I believe they are doing something with their rate to try and get it to 1 to 1...and they did not write a plan for a LOP...they did not write a plan to stay at a program rate…IMO this Transitional Rate is bringing in commodities into the country of Iraq...and IMO this Transitional Rate is slowly moving up...up...for the purpose IMO to add value to the Iraqi dinar in country...
I believe the negotiations that are occurring with this Transitional Rate are going to be seen with more evidence sometime around the second week of November...
...the IMF has given them an A+ in everything they are doing...and now they are going to reward them with that second loan...that is way ahead of schedule...the white list was way ahead of schedule. ...I am not too worried about the value right now...what we were worried about or concerned about was the note count...because they told you they were lifting the 000’s...you think it is from the exchange rate...we tried to explain it to you...they are lifting it from the streets...so they can lift it from the exchange rate...and I believe they have accomplished this.
There are many steps and many parts to the Monetary Policy and IMO I see that they have been accomplished...the IMF has not said one single word about 2017...IMO...the IMF is preparing them to raise the value in 2016...and the other part...Iraq talks about 2017 because that is when Iraq wants to introduce the LD’s...that are affected by the RI that is occurring right now behind closed doors...
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