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Post by Ssmith Fri Dec 16, 2022 3:04 pm

Article:
Iraq is looking forward to a development leap after turning the page on Kuwait’s compensation

Iraq is done with Kuwait…this opens up a ton of doors for Iraq…it’s a…huge positive step towards any real major changes to the revaluation of the Iraqi dinar…

Quote:
we are expecting a resolution from the United Nations Security Council at the beginning or this year to remove Iraq from the problems of Chapter 7…and to get rid of more than 40 resolutions imposed on it because of the Kuwait War…getting rid of article 7 opens up great opportunities for Iraq to integrate into the global community.” 

…The UN Council removed them out of Chapter 7 but they still left on all the damn restrictions.  What good was it?  They still needed some of these resolutions to be removed…They have now paid the last remaining balance of the debt owed.  Let’s see if the United Nations moves quick enough

Quote:
the composition file was finally closed after Security Council resolution 2621 of 2022.

They are done people.  We’re just waiting to see what it is the United Nations does. 

With all this speculation going on with the exchange rate you really have to question what is really going on.  Are these individuals who are privy to the truth about the exchange rate and that some change might be taking place, therefore they’re starting all kinds of speculator rumors which drives up the value of the dollar against the Iraqi dinar allowing people to buy more dinar for the dollars because they anticipate a change in the rate that would benefit the dinar…?

The draft budget has been sent forward.  So far there doesn’t seem to be any changes that need to take place.  There is an actual decent chance this budget might be passed before the end of this year.
Ssmith
Ssmith
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