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Frank26 "The IMF Appears to be Happy" 6/8/17
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Frank26 "The IMF Appears to be Happy" 6/8/17
They finally said something about the IMF meeting. ...the IMF and the CBI once agreed upon something. A 2nd review of the SBA in August... This meeting was ...IMO...not about the rate of the IQD. It was a report of the monetary reform to the IMF. The IMF is very proud of what Iraq has accomplished. The IMF tells every country what to do with their currency. They’ve now reached an agreement -- MOU (Memorandum of Understanding). The IMF appears to be happy...because this memorandum that was signed...the IMF no longer needs to tell Iraq what to do. Two of the three agreed to items were taken care of in December of last year. These 3 levels...Economic Reforms... Financial Reforms...Multi-Currency Policy. The last item (#3) was the POLICY of currency (international level). ...things are done for the economic and financial reforms. Iraq is ready to join the INTERNATIONAL theatre.
roxy22222222- GURU HUNTER
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Join date : 2015-04-20
Re: Frank26 "The IMF Appears to be Happy" 6/8/17
Frank is such a lying ass clown. I cant believe a person would actually hand something of value over to that slimy douche
Mission1st- VIP Member
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Age : 66
Location : Texas
IMF
The IMF/World Bank and United Nations have Iraq under strict controls and guidelines, so that monies will continue to be loaned to the government of Iraq. There is no discussion of a revaluation or redenomination in the framework agreement. Iraq will have to pay back the monies (via profits from oil, in dollars) at the same dinar rate they borrowed.
Scotchie- VIP Member
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Join date : 2017-04-15
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