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American Contractor for 4/19/18

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American Contractor for 4/19/18

Post  roxy22222222 on Thu Apr 19, 2018 8:28 pm

You may see some action possible after the elections depending on which party has control of the government.  The Iraqi parliament will have to vote on the delete the zeros project given that they did not get the opportunity in 2012.  The Iraqi cabinet stopped it because they believed the economic climate was not yet ready.  ...Oil prices are continuing to go up and businesses are returning although cautiously and investing in startups and existing companies...   ...You will learn of the delete the zeros project getting ready to be implemented when you read that there is a education campaign going on inside Iraq.  The education campaign will consist of news media, flyers, and radio advertising to get the word out.  The CBI wants to make sure that everyone is informed about the delete the zeros project..

. ...In the course of the next few months you may quite possible see media reporting about a delete the zeros project.   According to the intel I have, as well as info I received today from a banker, the delete the zeros project is going to be progressing at a much faster pace, and word has it that new information will be published after Ramadan.  ...Everything from this point on is riding on the upcoming national and local elections (May 12).  There appears to be a vast more supporters than not for the delete the zero's project...  
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Re: American Contractor for 4/19/18

Post  Scotchie on Thu Apr 19, 2018 9:08 pm

Yes, I believe they may delete the zeros.  That is a redenomination, not a revaluation.  Anyone holding dinar inside or outside of Iraq will have the same value of currency after the deletion of the zeros.  The value of the currency will not rise due to the deletion of the zeros.   End of story.

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Re: American Contractor for 4/19/18

Post  Kevind53 on Fri Apr 20, 2018 12:34 am

I see AC has crawled back out from under the woodwork ... yippee

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