Sandy Ingram
The Iraq prime minister discussed the cooperation between financial institutions in Iraq and the US Treasury Department with the US Assistant of the Secretary of the Treasury Department, Elizabeth Rosenberg. The meeting addressed measures the Iraqi government took to reduce corruption. The Prim Minister indicated the government is advancing the banking sector reforms which are crucial for the economy's growth by adhering to international standards...
Rosenberg applauded the Iraqi government's outstanding efforts in implementing financial and banking reforms which would support Iraq's attempts to...expand its economy.
The Turkish currency has steadily increased abasing the U.S. dollar since March 2023. If Iraq's currency were to match the Turkish Lira many of us would be looking at $40,000 in profits (with 1 million dinar) even without a so-called revalue. In a matter of months you can reali
ze thousands of dollars in profits when dealing with exotic currencies. It is taking Iraq longer than usual but they have had so many more issues than many countries.
Bruce
[via WiserNow] ...a delegation from United States, a small group that included Judy Shelton, Stephen Munchin, and a couple of senators from the United States...went over to Iraq to have – I’m gonna say, effect the changes that...needed to be made...they're already home...My thinking is that they probably accomplished what it was they went over there to do...
we've heard that everything's done and signed everything was signed off on...everything was signed off by our treasury - and everything was quote, unquote, good to go...The fact that they're back, I believe, is saying that Iraq is finally ready to go...Everything is ready to go is what we're getting from our key sources...
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