Mnt Goat
Ali Al-Alaq is still the acting Director of the CBI just as we were told by my CBI contact the GOI never did accept his resignation. The goals are still the same as they want to eliminate this Black Market corruption with the dollar and set the rate first at par with the official CBI rate.
Then once this is in control, they intend to change the official rate and the rest is history as the saga of the currency swap out can then occur.
Mant Goat
Article Quote: “Iraqi banks have the qualifications to switch to the electronic system, noting that “the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy .”
I have to say it is all just about implementing the Electronic Payment and Inclusion of the banks into this new process...the CBI and the Finance Committee...are committed now to complete this effort, and I believe they are way beyond our expectations of just where they currently stand in this effort...In short summary, is this not what we all want to happen so they can pull the trigger on this revaluation and reinstatement.
...they are now telling us they can see light at the end of the proverbial tunnel. No, they do not directly tell us this but you can read into the articles and understand the tone...
https://dinarevaluation.blogspot.com/2024/09/latest-from-mnt-goat-22-sept.html
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