MNT GOAT
😊I need to address one more important article today titled “THE ROAD AHEAD FOR IRAQ’S UNDERDEVELOPED STOCK MARKET”. In the article it tells us that
Iraq’s stock market (ISX) is considered a vital pillar. Oh… that’s the Pillars of Financial Reform again. Oh…. I get it…. Do you?
Also, in this article it talks about channeling savings into investments and it remains underdeveloped and overshadowed by regional counterparts.
Authorities are striving to revitalize the market to attract investors and promote economic diversification, however, challenges such as political instability, limited industrial and agricultural sectors, and bureaucratic hurdles continue to impede it’s progress.
In other words there is still work to be done and the capital flow into the ISX is not at satisfactory levels.
Can this drag on the implementation of the RV? I will ask my CBI contact over the weekend but I think the RV would only facilitate more investors to go the ISX. So the RV would be a positive event.
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