GOLDILOCKS
"This bank, on behalf of the Ministry of Finance, will offer bonds under the name ( Injaz Bonds ) to the public starting from 4/15/2024 until 5 / 15 / 2024"
Public bonds help to build the infrastructure of a country's businesses, and they go a long way in supporting a country's currency.
Getting public involvement in increasing the value of their own currency will help Iraq maintain a sustainable economy going forward.
Public bonds like these help to establish and secure a country's Sovereignty. This is a part of the process of Iraq reclassifying their currency.
Not long ago the CBI revealed to us that it would begin March 31st, 2024. They said it would be a gradual change. I copied the article for your review again on this matter.
"Based on the of the Board of Directors of this Bank number (191) of 2003 it was decided to give the mediation companies buying and selling foreign currencies under category (C) a period of time to merge to be classified as (A) or (b) until 3-31-24."
© Goldilocks
https://cbi.iq/news/view/2545
https://www.imf.org/external/np/mfd/er/2004/eng/0604.htm
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