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34 DAYS TO 2017-WHAT ARE THE GURU'S SAYING NOW
Category: Member Blogs
34 Days to 2017:     
The beginning of Iraq's 1st Quarter.
11-28-2016   Newshound/Intel Guru BGG  Article:  "Iraq receives four billion dinars as a loan from the World Bank next month"   When I saw this one - my first thought was...  1) That is great... the WB pitching in (even if it IS only 4 million USD) means they are HEADED towards international "re-integration"... via IMF oversight and my second thought was...2) 4 million USD doesn't seem like much (or less) - unless of course... it's NOT REALLY 4 million? they quoted this number in Dinar (which they would - since it is in Arabic vernacular)...but that number may not be "exactly static"...Who knows what 4 Billion Dinar is worth then?  4 million doesn't do much in the way of "reconstruction"...  That article says Dinar... another one says USD... My point...it's probably NOT 4 Billion Dinar at it's current value. That would only be 4 Million USD - that's about enough to "reconstruct" one really nice house...4 Billion - on the other hand... might be a start...
11-27-2016   Newshound/Intel Guru BGG    "...Iraqi Council of Representatives included a vote on the draft general budget of the Federal Republic of Iraq for fiscal year 2017 on Monday session agenda."  Well - they have already pushed thru some crucial votes... no need to stop now.   If they want to stay in good with the IMF they have some "housekeeping" to get handled - this business about passing budget bills late in the current year won't fly...I expect to see a 2017 budget passed before 2017 gets here...

11-27-2016   Intel Guru RayRen98
   It has been reported that the popular vote was approved thereby uniting Iraq but the budget vote was postponed until Thursday, December 1, 2016. The distribution of the lower denoms are "expected" to be in all provinces by morning.  The IMF review has been moved to Monday, December 5, 2016. Iraqi TV states the importance of the loan and that the fight in Mosul needs to be completed to plant the flag and commence the national reconciliation.  So, it appears that the complete freeing of Mosul, the passing of the budget and the national reconciliation will all occur on Thursday, December 1 and the IMF review to conclude on Monday, December 5. Can the currency revalue see an international public release before then?  Time Will Tell...smile.

11-27-2016   Newshound Guru rcookie   Article quote:   "...create an ideal investment environment is an economic center of development sought by Iraq and represents the legal side of the main attractions of advanced and specialized international companies that can be used to achieve the development goals which must include all sectors."   THIS ARTICLE IS HUGE... OUTLINES THE APPLICATION OF THE INVESTMENT LAW NO 13...AND ADDRESSING OBSTACLES FROM FOREIGN INVESTORS PERSPECTIVE... SO...FURTHER INVESTMENT LAW AMENDING COMING SOON TO A PARLIAMENT SESSION NEAR YOU...ALONG WITH ALL OF THE OTHER ECONOMIC & FINANCIAL LAWS WE HAVE HAD LAID OUT FOR US THIS WEEK...WE KNOW EXACTLY WHAT WE ARE LOOKING FOR...

11-27-2016   Newshound/Intel Guru Arthur  
FACTHALF OF 2017 BUDGET VOTED ON...11/26/16
           (24 OUT OF THE 48 BUDGET ARTICLES)
FACTTHE OTHER HALF OF THE ARTICLES (25 THRU 48) SCHEDULED
           FOR THURSDAY 12/1/16.
  
FACT: THE SIGNIFICANCE: NONE OF US HAS EVER SEEN A PASSED AND
           IMPLEMENTED BUDGET IN IRAQ!

FACTFINAL IMF SBA REVIEW SCHEDULED FOR DECEMBER 5TH
           (MUST HAVE LOAN TO COVER DEFICIT, AND MUST INCLUDE HCL)

FACT: 35 DAYS UNTIL THE BEGINNING OF "EARLY 2017" (DELETION OF
           ZEROS PER CBI).

11-27-2016   Intel Guru Frank26   In the last few hours so much has occurred ...the dynamics of what we STUDY is of great velocity.   Let's say that the movement ... The progress of the process ... Is adjusting ... Conforming ... To their Targets.  ...at this moment...there has been a Change to the Dec 7th IMF Meeting ... To the 5th. This is GIGANTIC ...


 

TROOPS PUSH DEEP INTO MOSUL
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http://www.bbc.com/news/world-middle-east-38090229

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