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Article quote: "Baghdad will be able to apply for a quick loan of two billion dollars through a special mechanism in the IMF dedicated to supporting the economies of countries." Iraq didn't get loans in the recent past from the IMF in the manner in which they speak now... That is because they were not ready yet. Now they apparently are ready to go international., as the IMF and others are working in tandem and have precautionary measures in place to make the transition smoother along the way.. imo.
Article: "The International Development Bank announces its joining the "Bani" platform" Quote: "work is underway to introduce the Iraqi dinar currency on this platform soon to encourage the use of Arab currencies in financial and investment transactions in accordance with international standards..." When using terms lately like being forced to do things for a purpose like we saw with the IMF aligning the IQD with the SDR Basket imo, here is one were they are telling us they are unremitting in their efforts to get settling and clearing payments with in the AMF, region and abroad. Looks like it is signed and now about ready to go live. Wow! imo.
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Join date : 2011-08-09
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