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10-28-2014 *Kaperoni

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10-28-2014 *Kaperoni

Unread postby Vixen » Tue Oct 28, 2014 9:56 am

10-28-2014 *Kaperoni ~Article: "The return of the controversy regarding the deletion of zeros currency...and application over five years" IMO...until the laws are in place, it makes no sense to start the process. And the CBI does not want to commit until they see that the GOI/parliament has done what it needs to do. Remember, if this plan is to work, investment must come into Iraq. Without it, the currency stalls. ...without the economic and banking laws that are stalled in parliament to transition to a market economy passed, it makes no sense because investment will not come in. You have to create the environment, the right climate and set the stage if you want investment. ...the economic plan that just came out identified 11 significant laws that are stalled for a market economy. Parliament needs to get to work before anything will happen with the dinar.

10-28-2014 *Kaperoni ~Article: "Deletion of zeros!" Quote: "Iraq is the latest Arab and foreign countries decide to delete the zeros from its currency" Does anyone think the CBI would go through the expense to reprint the existing denominations, add security features, educate the citizens and put them in circulation only to redenominate LOP the currency in a few months? Its actually a good article because he is saying a redenomination or LOP is a not a good thing... Clearly this guy is not in support of redenomination. I remind everyone that the CBI is a member of the IMF and the IMF falls under the charter of the UN...the CBI will do what the IMF says.
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