Sunday Guru Opinions - 5/12/2019

[ronscarpa]

 

5-12-2019  Intel Guru Delta   Article:  "The parliamentary economy warns of the doubling of external debt because of the benefits ... Finance Committee reveals the "Zora" details of the Financial Management Law and announce a mechanism for debt repayment"   Quote:  "...committee awaiting the report of the Economic Adviser to the Minister of Finance Kamal Al-Basri to put the finishing touches on the law to be ready for legislation."  THEY ARE WAITING FOR THE RATE...   RATE WILL COME FIRST BEFORE PASSING THE LAW...IMO.

5-12-2019  Newshound Guru Chattels   We are now almost one year and counting on the formation of a completed government / cabinet in Iraq.

5-12-2019   Newshound Guru  Kaperoni    Floating the currency is not a requirement but with the influx of capital expected through Iraq's banking system it will create inflationary pressure.  If they don't float inflation will start to rise throughout Iraq.  Floating the currency is a tool the CBI uses to counter inflation.

 

 

 

[blueskyline]

Thanks Ron !