MilitiaMan says -- we are in a very good place to see the golden ring.
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MilitiaMan says -- we are in a very good place to see the golden ring.
MilitiaMan
...When they say "reducing the value of the Dinar", they mean the reduction of the three zeros from the exchange rate. They are not going to be devaluing the currency. By "reducing the zeros from the exchange rate" (raise the value) allows them to go into the or a market economy where the real competition is. It will activate the industrial and agricultural sectors when doing so. imo...This supports they are at that final stage to set that gem in place. ...It is the FINAL REPORT and they are now to have or have presented the necessary legislation to proceed with implementation procedures. This is very good indeed! I suspect they have every intention now with all the work done and sorted accordingly, we are in a very good place to see the golden ring. ~ imo.
Article: "Central Bank Governor: We Have Started Implementing The Banking Sector Reform Plan" Article Quote: "He cautioned that "reducing the value of the dinar will create real competition and activate the industrial and agricultural sectors in Iraq." The Prime Minister spoke about competition. The Finance Minister spoke about competition. Now the CBI Governor is speaking about competition. Competition is a key component of a market economy. Looks like the Central Bank of Iraq has had the ear to the IMF. The reform paper terms are initiated now.. The terms or basis has to be applied when international. That is all about what is expected next as in what is to follow.. Yep, that is implementation of the basis.. Read rate or value.. Either works for me.
Article: "The government intends to apply income tax to salaries and allowances, starting from the current month" ...there are many things showing up that equate to more pressure. This would be one of them...Putting taxes on them without Purchasing Power? That will not fly...imo!
...When they say "reducing the value of the Dinar", they mean the reduction of the three zeros from the exchange rate. They are not going to be devaluing the currency. By "reducing the zeros from the exchange rate" (raise the value) allows them to go into the or a market economy where the real competition is. It will activate the industrial and agricultural sectors when doing so. imo...This supports they are at that final stage to set that gem in place. ...It is the FINAL REPORT and they are now to have or have presented the necessary legislation to proceed with implementation procedures. This is very good indeed! I suspect they have every intention now with all the work done and sorted accordingly, we are in a very good place to see the golden ring. ~ imo.
Article: "Central Bank Governor: We Have Started Implementing The Banking Sector Reform Plan" Article Quote: "He cautioned that "reducing the value of the dinar will create real competition and activate the industrial and agricultural sectors in Iraq." The Prime Minister spoke about competition. The Finance Minister spoke about competition. Now the CBI Governor is speaking about competition. Competition is a key component of a market economy. Looks like the Central Bank of Iraq has had the ear to the IMF. The reform paper terms are initiated now.. The terms or basis has to be applied when international. That is all about what is expected next as in what is to follow.. Yep, that is implementation of the basis.. Read rate or value.. Either works for me.
Article: "The government intends to apply income tax to salaries and allowances, starting from the current month" ...there are many things showing up that equate to more pressure. This would be one of them...Putting taxes on them without Purchasing Power? That will not fly...imo!
Ponee- Admin
- Posts : 38256
Join date : 2011-08-09
Ponee- Admin
- Posts : 38256
Join date : 2011-08-09

» MilitiaMan Says -As at this stage...I don't think we have ever been in such a good place as we see now from what they CBI is telling us.
» MilitiaMan "Looks Like Things are Falling in Place" 10/2/17
» MilitiaMan says -- IMO We are in a very awesome place these days...
» MilitiaMan says -- the tools are in place to raise the balance of the Central Bank
» MilitiaMan: "Attracting foreign capital is clearly going to come from a new exchange mechanism in place" 8/26/19
» MilitiaMan "Looks Like Things are Falling in Place" 10/2/17
» MilitiaMan says -- IMO We are in a very awesome place these days...
» MilitiaMan says -- the tools are in place to raise the balance of the Central Bank
» MilitiaMan: "Attracting foreign capital is clearly going to come from a new exchange mechanism in place" 8/26/19
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