8-5-2013 *Kaperoni

[Vixen]

8-5-2013 *Kaperoni ~Article: "Mehma Khalil CHITTA: Vice-Chairman of the Economic Committee draft delete zeros feasibility and regional climate is suitable for launch" we have stated last year, about May 2012, that Maliki stopped Shabibi, not once, but twice in his plan. Maliki didn't want Shabibi to go ahead at that time...primarily because he has a "weak dinar policy." This article also confirms that. The reasons for this are not exactly known, but we can guess why.Since that time, it was announced their was a change in plan..and the float was born. Subsequent articles ever since last June or so totally support the float or "floating orbit of exchange". And as well, we just talked extensively...about the IMF directive and support of the CBI to "liberalize the foreign exchange" market...which will initiate the float.The Kurds want value to the dinar. I am sure they don't want to wait 6-12 months for the dinar to reach 1 to $1 or about, since their own economy is much further ahead of the rest of Iraq. But, it appears that the float is coming and that is what will occur. I don't see any change in Maliki policy or some "sudden" desire to give "overnight" value to dinar. He knows he has to go international to get private investment for the success of the free market economy, IMO, is he doing the minimal he needs to accomplish that..which is a float and acceptance of IMF Article VIII.