IRAQI DINAR GURU 1-28-14 Opinions…
1-28-2014 Iraqi Dinar Guru Poppy3 THEY ARE NOT GOING TO STICK THEIR HEADS IN THE SAND AND QUIT TILL AFTER A ELECTION. MALIKI KNOWS HE CAN’T WAIT MUCH LONGER AND USE HIS BIGGEST STICK AGAINST HIS OPPOSITION WHICH IS THE VALUE OF THE DINAR. WOW WE ARE IN A GOOD PLACE. [post 2 of 2]
1-28-2014 Iraqi Dinar Guru Kaperoni Article: “Specialists: oil resources have not invested in economic development” In Sept 2012, after Shabibi was gone, it was decided that the current plan or strategy to move to a free market was not working. They formed a committee of businessmen to participate along with the IIER [Iraqi Institute for Economic Reform] to create a new transition plan. That plan is workingand moving them closer and closer. We have seen several accomplishments over the last 6 months or so. This seminar event, clearly identifies the problems one of which we have been stating over and over..that they need to get to Article VIII (freedom of movement of capital). Though they have not accomplished the results we want..I cannot help but feel very optimistic that this group of experts/economists is aware and pushing them forward.
1-28-2014 Iraqi Dinar Guru Poppy3 KEEP IN MIND THEY HAVEN’T BEEN FIGHTING TO GET TO WHERE THEY ARE AS FAST AS POSSIBLE TO JUST STOP. AT THIS POINT THEY ARE STILL PUSHING THROUGH THE PROBLEM IN SPITE OF MALIKI AND THE US ADMINISTRATION SUPPORTING HIM BEHIND THE SCENES. THEY SAY PUBLICLY THEY ARE NOT BUT THEIR ACTION SHOW THEY ARE. THE ONLY SUBJECT FRONT AND CENTER FOR MONTHS NOW HAS AND IS FINANCE, STOPPING INFLATION, GIVING BUYING POWER TO THE PEOPLE, IMPLEMENTING THE TARIFF LAWS AND SETTLE THE MONEY PROBLEMS ON OIL TRADE WITH THE KURDS (MONEY, MONEY, MONEY) THEIR MAIN SUBJECT. [post 1 of 2….stay tuned]
1-28-2014 Iraqi Dinar Guru Millionday we have the parliament working tomorrow [Tuesday]…the budget is on the table – the agenda is very important that we have for tomorrow – the banking act has been demanded by parliament to be in their hands tomorrow and of course we have the banking conference.
1-28-2014 Iraqi Dinar Guru Kaperoni Article quotes: “The Committee called for reducing the difference between the U.S. dollar and the Iraqi dinar…” “the World Trade Organization were previously wary of government plans to support the Iraqi dinar, and elevate it to a value of U.S. dollar and the high differential cash between them,” So, based on these statement, they will never get accession to the WTO until the raise the value…however that may be.
1-28-2014 Iraqi Dinar Guru Poppy3 I SUSPECT WITH THE ISSUE OF BONDS WILL BE THE RAISING OF THE VALUE. TIME WILL TELL.
1-28-2014 Iraqi Dinar Guru BGG Article quote: The Governor of the Central Bank that “there is an intention for the issuance of sovereign bonds after the adoption of a new budget law,” …this Bond issue is at the core of what we are all interested in…we also have news out today that the bonds will likely get issued after the Budget Law which would also point (at least on the economic side) at some push to get the currency reform done soon.
1-28-2014 Iraqi Dinar Guru tlm724 I believe that once the budget is passed, which by the way is a huge step towards economic reform, there are many “first’s ” in this years budget, we will see the issuance of the bonds, IMO! IMO, Turki is getting the conditions just right for the issuance, period!