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Kaparoni - My Latest Guess! 10/3/18

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Post by Ssmith on Thu Oct 04, 2018 9:06 am

As stated a month ago, once the new government is formed the IMF will schedule its Article IV Consultation with Iraq and CBI. Need signed commitments. This new government when complete is very pro reform so we should expect parliament to begin immediately passing laws. Prime Minister designate Adil Abd al-Mahdi is very aware of currency reform. He wrote about several years ago describing the process.‏ It is my guess that once the new government is formed that engaging Iraqi banks with the world financial system would be a top priority as well as begin currency reform.

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