Monday, February 3, 2025

MNT GOAT : "ECONOMIST: THE COUNTRY'S FINANCIAL SITUATION IS AMONG THE MOST PROSPEROUS YEARS" , Choo-Choo!, 3 FEB

MNT GOAT

 "ECONOMIST: THE COUNTRY'S FINANCIAL SITUATION IS AMONG THE

MOST PROSPEROUS YEARS"


Choo-Choo! Enough said...... "that the percentage for a country like Iraq that maintains cash reserves equivalent to between 20 and 40 percent of the volume of the issued currency is positive, indicating that

the financial situation is reassuring as it has exceeded 100 percent," "The Central Bank can provide a major source of protection for the Iraqi government if it needs some financial supplies by deducting remittances from government banks, " explaining that "the financial situation that the country is experiencing is among the most

prosperous years in terms of foreign exchange reserves." Al-Marsoumi said, "Iraq ranked third in the Arab world in terms of foreign exchange

reserves for the year 2024,

Yes, all nice words, but still at 1/6 of a penny?

Their words not mine.....

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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