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The Central bank: the project to delete the zeros will be applied beginning of the year 2017


newbieDA
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Thanks Newbie and Yota.  

"General Secretariat of the Council of Ministers announced (April 12, 2012)"  

It was in or around 2012, if memory serves, where I read an actual Iraqi news article that in fact stated by 2016 or 2017 there would be currency reform.  I've tried looking for it but can't seem to pin that exact article down.  Though I did come across this interesting one from 2012...

 

Market News | Wed Oct 3, 2012 | 10:00am EDT

http://www.reuters.com/article/iraq-economy-dinar-idUSL5E8KT13720121003

 

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The logic of the dinar bulls is simple. Iraq's oil exports rose to 2.6 million barrels per day in September, their highest level in three decades; the country aims to hit 6 million bpd by 2017, which would put it close to Saudi Arabia's current level.

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The IMF expects this year's estimated budget surplus of just 0.2 percent of gross domestic product to balloon to 12.1 percent in 2017. The country's balance of trade in goods and services, in deficit as recently as 2010, is projected over the next five years to shift to a large surplus of 11.3 percent of GDP.

IMO 2017 it is.  But I won't hold my breath :)

Edited by NextYear
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Well, depending on the day is how I feel about the dinar. Some days it is like, ok there is light at the end of the tunnel. Then there is days when I pray that this gets done in the next decade.  Today I got up and read all these post and I feel that this could get wrapped up by the end of the year.  Whether it is a .10 or a $1.00 I wil be happy.  

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On 10/13/2016 at 9:23 PM, Gypsygirl11 said:

Numerically 2017 when added up becomes a number 1 - which means the beginning of a new cycle.......Lord, Im ready for a great new cycle!!!!!    Trump as President and money in the bank sounds like a good start to me.

To get to one I guess you have to drop the zeroes, eh? 2+1+7 = 10 Add the zero to 10 and you get 100. Drop the zeroes and voila! 1! Hey don't argue with common core mathematics, it will screw with your mind every time!

Okay people living over there in Iraq, do you need a tutor?

Edited by Theseus
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1 hour ago, Theseus said:

To get to one I guess you have to drop the zeroes, eh? 2+1+7 = 10 Add the zero to 10 and you get 100. Drop the zeroes and voila! 1! Hey don't argue with common core mathematics, it will screw with your mind every time!

Okay people living over there in Iraq, do you need a tutor?

lol, yes Theseus... 2+1+7=10     1+0=1  --  Lets pray 2017 is our year people / new beginnings

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