Tuesday, July 1, 2025

TIDBIT FROM SANDY INGRAM : No Article VIII status yet!!!!

 Sandy Ingram 

 No Article VIII status yet. 

 Iraq does not yet have Article VIII status with the International Monetary Fund which would allow free convertibility of the IQD.  

Instead it still operates under Article XIV, meaning capital controls and restrictions are legal and expected.

IRAQ PUSHES TO COMPLETE ITS GOVERNMENT – A KEY STEP TOWARD ECONOMIC STABILITY? ๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ“ˆ

  During its 281st meeting, the Shia Coordination Framework stressed the need to accelerate the formation of Prime Minister Ali Faleh al-Zai...