MarkZ
[via PDK] “Salaries next week: Baghdad sends 29 Billion dinars to Erbil: The latter indicates a shortage of this amount”
They are moving and salaries are being paid…months worth of salaries….
“Iraqi banks are extending working hours to complete those remittances”
Many of us believe they stalled on those salary payouts waiting for a value change. I have a contact in the Finance Ministry who believes that as well…Now they are paying them.
Article: “Sudanese consultant: Digital Transformation will enhance Iraq’s efficiency and attract foreign investments”
They are bringing in billions in international investments …These big investors would not be investing billions of dollars in some backwater country with a useless currency…. It wouldn’t be happening….