IMF Consullts Iraq, Economy.

[Luigi1]

 

Luigi found this encouraging bit of info from the Kaps.

All Dinarians should be elated, encouraged... Go RV.

 

 

 

1.12.19  Kaperoni (Dinar Alert)
Great new article from the World Bank talking about Iraq's GDP going from 1.9% in 2018 to 6.2% in 2019. How? Unless they open the banking system to the world for global investment.
So some are asking the significance of why the government needs to be offically formed for the IMF to engage with Iraq? Usually on these types of agreements a legitimate government is needed for validating/confirm signatures.
[The normal cycle for Article IV consultations for countries under a program is 24 months. Thus Iraq is not due for an Article IV until the summer of 2019.]
Wrong. Iraq under it's programs meets annually. Not to mention, the representative to Iraq told me directly they will not meet with Iraq until the completed formation of the government...
 

[Luigi1]

 

Here's another blast from the Kaps related to the above...

 

 

1-13-2019   Newshound Guru  Kaperoni  The dinar you own will never go back to Iraq.  It will become part of the global traded currencies.