Thursday, September 12, 2024

LATEST FROM MNT GOAT, 13 SEPT

 Mnt Goat  

 I am going to give you a summary...of the other issues that are...on the table. They are on the near horizon and my CBI contact has also told me these are issues that also must be resolved:  Passing the Oil and Gas Law referendum, as required by their new 2005  Constitution.; Needed changes to The Investment Law No (13) of 2006 to meet the WTO requirements prior to full accession.; Institute the Pillars of Financial Reform in the Banking, Insurance and the Iraqi Stock Market. 

This goes hand in hand with the electronic banking effort...

Iraq is going forward with the Project to Delete the Zeros and actually in the process of doing it not just talking about it again...we must stay grounded as this RV is coming to a closure and there is not much longer to wait.

   ...recently they have told us this electronic platform is going away at the end of 2024... corruption and money laundering is now all ending and has to end or we will not see any reinstatement. The instrument to do this is the Electronic Banking practices...

 Having the US Treasury inside of Iraq now helping with all these banking reforms is a VERY good thing not a negative issue. It is absolutely going to push the RV process for us...We might even say it is the LAST piece to put in place in the RV puzzle to clearly see the end to this RV saga.

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