Highlights/Thoughts
PLEASE IGNORE IF YOU DO NOT LIKE READING RUMORS
1. Yesterday's last major obstacle was a big one, but is now gone
2. Latest news is we should see it in the next 24 hours
3. Just received phone call from IMF source, possibility of tomorrow for RV looks even better
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[*******] OK, yesterday I heard that the last major impediment was gone (a big one). We should see it by Tues. I really thought we'd see it this morning. I will get on the phone today and see what else I can find out
[********] latest news is that we should see it in the next 24 hrs. I am confused as to why we didn't see it by this morning, but I was given a window of Mon. - Tues.
[*******] Just got another phone call - Looks even better that we will see an RV by tomorrow!!!!!!! Per IMF source!!!!
Bank of iraqi BOI
ReplyDeleteInterest rates
CBI policy rate (valid from 4 Apr 2010) 6%
IQD 7 day deposit 4%
Primary credit facility 8%
Economic indicators
Core inflation (YoY): Dec 2010 3.32%
Inflation (YoY): Dec 2010 3.31%
M2 growth (YoY): Nov 2010 32.7%
For 2010:
GDP - real growth rate 2.6%
Budget deficit/GDP 14.2%
Current account deficit/GDP 14.4%
Net foreign reserves $50B
there will be NO RV for next 2year