"WE HAVE IN A CRITICAL PERIOD OF THE CURRENCY REFORM PROGRAM SINCE JAN OF LAST YEAR 2023" BY MNT GOAT, 16 MARCH

 MNT GOAT

I feel we have been in a critical period of the currency reform program since January of last year 2023. Now we are in a “vital” period. 

 We are now in a waiting game for the Central Bank to control the parallel “black” market. 

Anything could now happen and is going to happen. Recent news of imminent World Trade Organization accession. Then to make it even better more pressure to float the dinar and even now get off the Petro-dollar and finally end the currency auctions altogether.

The saga about the Iraqi dinar RV continues. It is what you don’t know that can cause you some stress and anxiety. Even I sometimes want to rush the RV process and I have to step back and relax.

 I have to ask myself if the CBI is following the 2011 Dr Shabibi and IMF plan. As long as they are following it, I am very happy and so should you. As we all know Iraq is NOT working on our timetable as their newly formed government is sometimes very slow to act.

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