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The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo


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Finally, the adult in the room says no more money. The World Bank should have done this 2 loans ago because making the thieves richer doesn't help the Iraqi citizens. This bad news to the crooks of Iraq could be just the thing to force them to think of the citizens for once an do the right thing.

Thanks Mary B for the article......

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I did not see this article when I posted on another thread. I stated as much that the IMF said politely to Iraq in June 2019 that this day was coming. This is just the World Bank. The IMF is next. 

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2 hours ago, DoD said:

Finally, the adult in the room says no more money. The World Bank should have done this 2 loans ago because making the thieves richer doesn't help the Iraqi citizens. This bad news to the crooks of Iraq could be just the thing to force them to think of the citizens for once an do the right thing.

Thanks Mary B for the article......

If only! The one thing I have learned about the Iraq government is that they don't give a damn about the people of Iraq! JMO

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11 hours ago, Mary B said:

The World Bank informs Iraq of its unwillingness to discuss any new loan for Baghdad with the status quo

 3/24/2020


 

LINK

Central: This is the truth of the World Bank's apology for helping Iraq

 

image.jpeg.891c03691d39849971bc01997f286a08.jpeg

 

24th March, 2020


The Iraqi Central Bank denied, on Tuesday, news circulated by the media about the World Bank’s apology for assisting Iraq in dealing with the emerging Corona virus.

"Some local media circulated news that the World Bank apologized for helping Iraq," he said. "This is not true for two reasons. The first is that there are long-term agreements with the World Bank and ongoing meetings with them."

He added, "The second reason the World Bank cannot leave Iraq is because it is one of the countries with a renewable financial environment." 

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Wonder how long they can keep dragging their feet and continue to NOT do the right thing (s). These are a determined & stubborn mob of criminals. Iraq is teetering on the brink of collapse. Won’t take but a nudge to push them into the Abyss.

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Maybe this pressure will make them poo something or get off the pot . Ah, ah, ah, do something ...

 

th?id=OIP.r0g5DT9mXw1GvO0i5pF6mAEsB6&pid=Api&P=0&w=349&h=143 Wait, wait ... ahh tada the RV is here !

Edited by new york kevin
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On 3/24/2020 at 7:22 AM, Theseus said:

I did not see this article when I posted on another thread. I stated as much that the IMF said politely to Iraq in June 2019 that this day was coming. This is just the World Bank. The IMF is next. 

 

:twothumbs: 

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On 3/24/2020 at 9:32 AM, Stabstones said:

No worries. Iraq said they have money for another 14  month.

 

If I'm not mistaken, that was the CBI talking about their reserves. We don't want GOI digging into CBI reserves, as this is what is used as a basis for monetary support (ie. the value of the dinar). The more reserves, the higher the IQD can be valued as the CBI reserves are kinda like a 'guarantee'. Besides, those GOI fools will just steal it. IMO.

                                                                                                                     :facepalm2:

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11 hours ago, King Bean said:

 

If I'm not mistaken, that was the CBI talking about their reserves. We don't want GOI digging into CBI reserves, as this is what is used as a basis for monetary support (ie. the value of the dinar). The more reserves, the higher the IQD can be valued as the CBI reserves are kinda like a 'guarantee'. Besides, those GOI fools will just steal it. IMO.

                                                                                                                     :facepalm2:

 

absolutely correct KB , those goi numbskulls think, well hey that money's just laying around anyways we might as well use it , this all can't end fast enough one way or another for those that have invested :rake:

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