Friday, September 8, 2023

"RV UPDATE" BY SANDY INGRAM & MILITIAMAN, 8 SEPT

Sandy Ingram 

 ...Separation, internal conflict, corruption and security issues when it comes to international investors are the major reason holding up economic stability in the country, ie the increase in the Iraq dinar value against the U.S. dollar. 

Militia Man 

 Why haven't they [Paid the salaries]?  There's got to be a reason for it and we believe it comes down to that the 23, 24, 25 budget is going to have an internationally acceptable exchange rate that's going to be on the Forex so that we all as investors can freely trade the Iraqi dinar in an international environment.  That's the whole purpose of us being here...

We have Standard & Poor giving them [Iraq] a stable outlook to an increasing positive outlook  becausethey're now exporting agricultural wares and they have non-oil revenue streams coming in at the borders.

  That's why they're beginning to look good - because of the investment environment is ripe.

Article: "Thousands of people demonstrated in Doha Governate Tuesday morning against the federal government's policy of not granting the rights of the people of the Kurdistan region and represented by the monthly salaries of employees..." ...People want their money.  You have to ask the question, 

Why have they gone from July and into September and they're being placated.  For what reason. What do they know is keeping them at bay?  ...they're not going to stand for not getting paid...

 

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