The key IMO is for Iraq to move to Article VIII

By | December 20, 2013

12-20-2013 Newshound Guru Kaperoni In September Maliki stood up and put the 2013-2017 Development Plan “in force” and that plan is all about diversification, so that means the banking system needs to engage with the global economy for the success of that plan. The key IMO is for Iraq to move to Article VIII and until that happens, nothing will happen with the dinar exchange rate. The IMF will have another Article IV consultation in March. The decision to exit Article XIV to Article VIII is between the IMF and CBI