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Kaperoni: "nothing will occur until after that consultation"

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Kaperoni: "nothing will occur until after that consultation"

Post by RamblerNash on Wed Aug 29, 2018 10:40 pm

Kaperoni   



In typical Iraqi fashion...I believe things are now being delayed due to the lack of formation of the government which has direct impact on currency reform, opening the banking system, inviting foreign investment.  We also learn from one of our members who contacted the IMF that the Article IV Consultation has been delayed until the formation of the government. And if what we believe is correct - that nothing will occur until after that consultation it seems like we're just have to wait a few more months.  And of course all the while keeping a watchful eye on the CBI currency auctions to make sure that they stay in compliance under the IMF requirements for Article VIII acceptance.


8/29/18
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