ADMIN BOB: November 1, 2012 Iraq donor country after 2014The central issue shake expectations the deletion of zeros
BAGHDAD - Laith Jawad
Parliamentary varied expectations regarding the deletion of zeros from the currency between the continuation of the deletion process specific Pauqatha and affected by the issue of central bank and banking tensions that may lead to delay the process beyond the year 2014 declared that Iraq will turn into a donor country.
Has confirmed the Economic Committee of the House of Representatives that the process of deletion of zeros and the dinar will be early next year after the end of the project procedures.
Said committee member Ibrahim panic (time) yesterday that (the process of deletion of zeros will proceed according to its specified time without being influenced by the issue of the central bank because of all the procedures for the project expired since leaving only the execution).
Read More: LINK
KAPERONI: Thanks Bob..I like this part...
"the process of deletion of zeros and the dinar will be early next year after the end of the project procedures. "
Read More Link On Right
KAPERONI CONTINUES: Like we always said...this event is two parts. First raise the rate, then second, delete the zeros by issuing new currency. This sentence implies the raise in value must be soon in order for the delete the zeros to occur "early next year.
SADIE: I like this article too. Except wasn't this article written by a member of Parliament. And an article yesterday from Talibani took away Parliaments ability to do anything but pass laws. Am I not reading this right?
TERRY: This article is fabulous because it ties in with everything we have learned lately. We know the contracts were signed for the trading platform. (freefloat) We see what Kap says above.
The article yesterday that said Talabani basically took away the power of parliament imo is absolutely bogus. It was only one article and appears to be a fraud to me. Something that major would of been reported on every major news source. So I feel safe is discounting it completely.
So, The info Kap has given us up til now and then this article above imo opinion supports everything that we have learned. I am very optimistic and can't wait for the cc tonight. I think it is going to be a good one. I was very concerned that Shabibi getting canned was going to hold everything up. Maybe, just maybe it will not.
Also, here is an excerpt from an article out this morning titled
"Parliament financial committee action against the central bank suspended the project delete the zeros"
The Surrey, that the Finance Committee had decided earlier to have the currency exchange in June next year, the World Bank emphasized the replacement, put the beginning of the year, and accusations of corruption, which affected bank officials postponed it until further notice.
The Central Bank of Iraq, predicted delayed launch of the new currency early next year due to the existence of developments and talks with the government.
The Prime Minister Nuri al-Maliki demanded earlier with the bank to wait in a currency switch and put it in the first of January 2013.
Me speaking, the way I read this is Maliki is telling the central bank to go ahead and delete the zeros the beginning of 2013. That ties into what the article way above says. Maybe just maybe, Maliki is pushing to get this done. Maybe Shabibi was the hold up. jmho
THEG-MAN: It seems to me that Maliki has wanted to RV and Shabs was holding it up. Maliki probably has billions of dinars and will profit big time from an RV. There could be no other reason IMO for Shabs being removed.
KAPERONI: G, no just the opposite. We have docs that show that Shabibi tried at least 2 times to impliment this, then finally just doing what he wanted without including the GOI.
Maliki and his sidekick Anbuge are on the record that it was not an appropriate time to change out the currency. In fact, Anbuge said he didnt want it for another 10 years...lol. The good news for us is the CBI continued preparations.
Apparently, something or someone must have changed his mind as now it appears it is back on schedule for sometime early 2013 or before.