Tuesday, September 24, 2024

HERE IS THE PROCESS OF THE REINSTATEMENT BY MNT GOAT, 23 SEPT

  Mnt Goat

   Here is the process of the reinstatement...:  

Institute the reforms the “Pillars of Financial Reform” – Banking, Insurance, Stock Market; 

 Get rid of the parallel market and demand for the dollar through the black market;

  Realize the Central Bank “official” rate of the dinar and overcome the dollar crisis.;  

 Be able to raise the “official” rate of the dinar against to dollar to a sustainable, realistic rate that reflects the true economy of Iraq (just over a dollar in-country) ; 

Conduct the Project to Delete the Zeros: decrease the monetary mass by collecting these large three zero notes,stashes/hoards of dinars and dollars. 

Swap out the currency;  Watch/monitor for inflationary pressures on the process; 

 Reinstate the IQD back to the global currency exchanges ie. FOREX.  Not just a placeholder on FOREX pointing to ISX but the ability of tradable buy and sell options.

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