We are seeing the transition unfold
7-15-13 Stryker: We are seeing the transition unfold right in front of us! Dr. Shabibi is back and boy does he have a lot to say but the most important things in my opinion that he shared with the world is that Iraq is undergoing a period of transition into a free market economy and also a move to an economy of peace from the past.
Quote: Iraq is undergoing a period of transition, there is first the transition towards market economy and has the text of the Constitution on the importance of the private sector within it.
Quote: There is also a move to an economy of peace from war and siege economy (which has been with us for a long time) which is a development of great importance.
He also said something that I have tried to convey for weeks now, they must get their remaining debt in line before they can make Monetary Reform, or regain their International Status.
Quote: There is also integration with the international community, which must settle things with him as most of Iraq’s problems with international dimensions.
Quote: This includes solving the debt problem
Quote: the normalization of economic relations with the international community
He then concludes with what is necessary to get Iraq its international status returned.
Here are a series of quotes:
*** To deal with the international community,
*** which acquired great importance in our development requires significant administrative capacities
***and substantial international support
***demonstrated the importance of this during our negotiations with the Paris Club
*** and the monetary
***and financial negotiations with international institutions,
***especially the International Monetary Fund.
Read more: Dr. Sinan Mohammed rida Al-Shabibi *: auction of foreign currency. Central Bank crisis or crisis economy?
Tomorrow we will see the return of Parliament and the other thing that I believe needs to take place before they reset their currency, which is the passage of the stalled laws as they call them, HCL, Accountability & Justice, Amnesty and others. I like our chances.