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Kaperoni Back-peddles On The IMF 2% Compliance - Who Knew! LOL

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Kaperoni Back-peddles On The IMF 2% Compliance - Who Knew! LOL

Post  RamblerNash on Thu May 03, 2018 11:30 pm

Michael Kaperoni‏ 

@kaperoni

Based on our calculations there are still 42 days that Iraq needs to meet the 2% compliance under the IMF guidelines before they can even consider moving to Article VIII.

Michael Kaperoni‏ 

@kaperoni

As I explained on the last conference call the CBI may be waiting for many things including not only the 2% compliance, the elections to conclude and a government formed, laws to be passed through Parliament and any other number of contracts for investment.

Michael Kaperoni‏ 
@kaperoni


In other words, this could still be months away before we see the CBI write the letter to the IMF.

Michael Kaperoni‏ 
@kaperoni

And what I am describing is only the transition to IMF Article VIII, Iraq still needs to choose a new exchange rate regime which is a float and it could take months or even years before the dinar appreciates to a value that we all wish for.
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Re: Kaperoni Back-peddles On The IMF 2% Compliance - Who Knew! LOL

Post  RamblerNash on Mon May 28, 2018 3:35 pm

KaperPhony wrote:Iraq still needs to choose a new exchange rate regime which is a float and it could take months or even years before the dinar appreciates to a value that we all wish for.




Now explain to the folks what happens when the Dinar depreciates.






http://www.dinardaily.net/t73552-breaking-iraq-just-revalued-with-the-new-rate-officially-from-the-cbi
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Re: Kaperoni Back-peddles On The IMF 2% Compliance - Who Knew! LOL

Post  Jayzze on Mon May 28, 2018 9:51 pm

he loves to run his mouth like he is important then  backtracks. normal for him
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Re: Kaperoni Back-peddles On The IMF 2% Compliance - Who Knew! LOL

Post  Allenj on Tue May 29, 2018 4:21 am

keperoni also ignores Iraqi law the truth is after iraq after complete the 2% for 90 days Iraq can set the rate what every they want according to Iraqi law only the cbi has that power NOT THE IMF

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Re: Kaperoni Back-peddles On The IMF 2% Compliance - Who Knew! LOL

Post  Kevind53 on Tue May 29, 2018 10:16 pm

Gee what a surprise ....

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