THE IMPORTANCE OF THE WHITE PAPERS
.... the CBI still has their goals to rebuild the economy of Iraq, see the White Paper. In this document it clearly states the “Pillars of Iraqi Financial Reform” for Iraq and how they plan to affect each of them to get where they want to go. It’s no secret. So, what comes first the chicken or the egg.
REFORMS FIRST: In other words, Iraq will never be able to rebuild its economy unless it completes these financial reforms first.
But in reality, under Dr. Shabibi he knew damned well the necessity of getting back their currency (liberate it) and then use it to impact the growth of the economy.
So, we are witnessing firsthand the mistake made way back in 2012-2013 in not following the plan of Dr. Shabibi. This is really what all the ruckus is about with this parallel rate and the inability to manage it.
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