Walkingstick
[Contractor friend in Iraq update]
IRAQI CONTRACTOR: I've been in all the executive branch meetings with the CBI. Right now the CBI is redoing my contract.
In fact, they're redoing all contracts in Iraq because there will be a rate change soon. Also the CBI and the GOI speaking.
I heard them at this meeting bring...up that the CBI and GOI will now release the articles on the lower notes - the pictures... descriptions for the citizens to see...
They used to pay us in American dollars...now all contracts are being paid only in dinars...To me the only important thing is my contact.
That comes first. I don't care about their currency. I don't care about what they're doing with the purchasing power...As long as the IQD value they come out with...matches the contract value they gave me in American dollars when they first wrote it to me...that's all I care about...I don't care about buying any stupid dinars. My profit is from investing in Iraq and there are no restrictions. The sky is the limit.
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