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» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
American Contractor: "Iraq is working within the parameter of the World Bank and International Monetary Fund" 5/30/19 I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

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»  Minister of Transport: We do not have authority over any airport in Iraq
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» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
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» Why Won't the Iraqi Dinar Scam Die?
American Contractor: "Iraq is working within the parameter of the World Bank and International Monetary Fund" 5/30/19 I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

American Contractor: "Iraq is working within the parameter of the World Bank and International Monetary Fund" 5/30/19

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Post by RamblerNash Thu May 30, 2019 11:23 pm

American Contractor  



The Iraqi economic conditions are gradually getting better...The country is receiving more foreign investment as its coming in slowly...but the recent conditions like higher oil prices and higher public and private investment...Iraq is getting better.  Iraq is working within the parameter of the World Bank and International Monetary Fund...The spread between the official and parallel exchange rate is getting closer (2%). Iraq has low inflation.  Some say in the single digits.  The Iraqi dinar is pegged to the USD.  The CBI is using that to keep the inflation low.  The CBI money supply has been contracting started last year.  This may be a good thing.  Will have to wait and see what develops with the IQD


5/30/19

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