ronscarpa Posted February 14, 2020 Report Share Posted February 14, 2020 (edited) 2-14-2020 Newshound Guru Kaperoni ...they [Iraq] have to meet Article VIII compliance and they request the IMF accept them into Article VIII and more importantly, the IMF has to accept them. They have met some conditions yes...last I read, still one condition was outstanding but in any event, it does not mean they will move to Article VIII once in compliance because the IMF needs to agree. And I do not see that happening until Iraq gets back on track: new gov, cabinet, pass laws, stable, investors...lots to do. They need to create the conditions and right now, they are far from the right conditions. Until they get there act together and launch the private sector, there is no increase in the dinar...which could be months or years...up to them...I am hopeful though. 2-14-2020 Intel Guru RayRen98 ...Sources are now indicating that PM Designate Allawi has completed the formation of his government. It is anticipated that Allawi will be "officially" accepted on Sunday and that he will request that Parliament hold an emergency session that same day to vote on his government selectees. The Parliamentary Bloc of the Alliance of Saireon confirmed, on Thursday, that the House of Representatives during its second legislative term fulfilled all the demands of the demonstrators, indicating that many of the reform laws advocated by the demonstration arenas were accomplished within the House of Representatives. Edited February 14, 2020 by ronscarpa 2 3 Quote Link to comment Share on other sites More sharing options...
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