Monday Midnight Opinions - CST - 12/14/2020

[ronscarpa]

Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what  they perceive to be happening in Iraq. RON

 

 

*** MilitiaMan  Article: "Which is the savior of the Iraqi economy ... internal or external financial diversification?"  More data to support they are gearing to go out to external markets with and international exchange rate. They are moving to an external debt source of financing in where it creates more investments and creates more jobs for SMEs. By doing so it will support the new market economy and with a better likelihood to be successful in doing so. Iraq has plenty of youths to fit the model.. imo This looks very good.. "Prices that return to normal?" Would that imply they are about ready to go back to the glory days? They say they are going to delete the three zeros from the exchange rate or at least change it during this fiscal year. They also tell us the Dinar is to converge with the Dollar, too. 1:1 in country.  imo!

 

*** Footforward  [Q? : Is the HCL going to finally be implemented and made law!..]  that and article 140 should go hand in hand.

 

 

Not much today...!

Edited December 15, 2020 by ronscarpa