Post From Dinar Updates 2-3-16
Excerpts & Highlights
Dinar Updates Member Chat 2-3-16 Part 1 of 3
billuke says(): To encourage citizens to deposit their money in banks .. government raises interest rates to 18% http://ift.tt/1KZ0D2c LINK
rcookie says to n8guard(): POSTED TREMENDOUS AMOUNT OF INFO ABOUT IT BECAUSE IT IS 1 OF 2 GUARANTEED AND UNDERWRITTEN US BUSINESS CONTRACTS WRITTEN INTO 2016 BUDGET...
(BOEING IS THE OTHER)....AND IS HUGELY IMPORTANT...AS WELL AS THE ANNOUNCEMENT OF INVESTMENT LICENSES TO THE ELECTRICITY DISTRIBUTION SECTOR...
THERE WAS HUGE NEWS OUT MONDAY FOR THE MINISTER OF ELECTRICITY CALLING FOR INVESTMENT FIRMS TO ENTER INTO THE DISTRIBUTION SECTOR...
TO MANAGE POWER LOADS IN AN INTEGRATED MANNER...(WHICH THEY HAVE NOT BEEN ABLE TO DO)TO GET MAXIMUM SERVICES TO THE PROVINCES...
AND PUBLIC CUSTOMERS...REGULATE CONSUMPTION AND MAXIMIZE CONSUMPTION REVENUES...
~~~
rcookie says to n8guard(): THIS IS HUGE NEWS OFF OF THE GE AWARDING OF ELECTRIC PLANTS AND MAINTENANCE CONTRACTS...
AND THE JANUARY 13TH INVESTMENT CONFERENCE FOR POWER DISTRIBUTION CONTRACTS AND LICENSES....THIS WAS A HUGE PROBLEM WITH OUTAGES AND POOR SERVICE IN 2015...
AND A BIG REASON THEY COLLECTED LESS THAN 30% OF THE ELECTRICITY TAXES & DUES THEY COULD HAVE....AGAIN A HUGE NON-OIL REVENUE STREAM LOST.....
rcookie says(): HOLLY...ALSO POSTED THAT REPORT ABOUT THE PRIVATE BANKS PAYING FINES ASSESSED THEM FOR MISCONDUCT AND VIOLATIONS...
AND IN SOME CASES CLOSURES OR SUSPENSIONS...(28 BANKS) UNCOVERED BY BSA BANK SECRECY ACT...DEALING WITH FinCEN LAWS....
rcookie says(): BSA E-Filing is less expensive, faster, more accurate, and more secure than other filing methods. The BSA E-Filing System supports electronic filing of Bank Secrecy Act (BSA) forms (either individually or in batches) through a FinCEN secure network. Review the following information before beginning the enrollment process.
rcookie says(): AND THAT IS THE MUCH PUBLICIZED BOND PROGRAM ...AVAILABLE TO THE CITIZENS FOR 1ST TIME SINCE 2003...ALLOWING THEM TO INVEST IN BONDS...
GIVING THEM SKIN IN THE GAME TO THEIR PROVINCIAL INFRASTRUCTURE PROJECTS....
5 TRILLION DINARS...3 YEAR BONDS 10% INTEREST...AND CITIZENS CAN ELECT FOR CONTRIBUTIONS AND PURCHASE OF THESE BONDS ELECTRONICALLY FROM THEIR DIRECT DEPOSIT SALARIES LOADED ON THEIR CARDS....WOW!!
rcookie says(): AND I THE 2016 BUDGET...IN WRITING AS PART OF NON OIL REVENUE STREAM...
rcookie says(): THEY ARE DOING EVERYTHING HUMANLY POSSIBLE TO GET CITIZENS ENGAGED IN BANKING ACTIVITY...
AND THE UNDERLYING NARRATIVE IS TO ABSORB THE CHUNKY..LUMPY MATTRESS MONEY.....AND ADDRESS LIQUIDITY CRISIS...
rcookie says to Holly1(): NO DOUBT...IRAQ HAS TO CHANGE AND IMPROVE THEIR GLOBAL IMAGE & PERCEPTION ON ALL FRONTS...CORRUPTION...EASE OF DOING BUSINESS...ECONOMIC FREEDOMS ETC....
CoolChic says(): One reason they may be having a difficult time getting people to the bank is that for the devout muslims it is religiously forbidden, with very few exceptions, to pay or receive interest. Theses people would probably only deal with the islamic banks, if any at all.
rcookie says to CoolChic(): CORRUPTION
rcookie says to CoolChic): IRAQIS ARE THE BIGGEST INVESTORS IN REAL ESTATE IN TURKEY & JORDAN...BUT HAVE OBVIOUS MISTRUST OF THEIR OWN FINANCIAL & INVESTMENT SYSTEMS....
templejc says(9:06 AM): GOOD MORNING - WHAT DOES IT MEAN THAT IRAQ OCCUPIES THE LAST RANK IN THE ENCONOMIC FREEDOM INDEX 2016?
rcookie says to CoolChic(): WHICH BY THE WAY MANY OF ISLAMIC BANKS AMONG THE MAJOR CORRUPT..
CoolChic says to rcookie(): Not just there own systems. Seems to be a general mistrust.
templejc says(): GOOD MORNING - WHAT DOES IT MEAN THAT IRAQ OCCUPIES THE LAST RANK IN THE ENCONOMIC FREEDOM INDEX 2016?
Pablo says to templejc(): Chrck out MD's news last night.
Pablo says to templejc(): It is in ink.
templejc says to Pablo(): REALLY!
templejc says to Pablo): AMAZING NEWS
clay says to templejc(): they gave us a date
templejc says to Pablo(): DO YOU GUYS HAVE A LINK?
templejc says to Pablo(): THAT IS AMAZING NEWS
rcookie says to Pablo(): THAT NEWS HAS BEEN OUT OR MONTHS...
templejc says to rcookie(): I AM USUALLY BEHIND ON MOST THINGS
rcookie says to Pablo(): ]WHERE ARE DATES COMING FROM....
templejc says to rcookie(): I HEARD YOU TALK ABOUT 1ST HALF OF 2016 - BUT NOTHING LIKE BY MID MONTH STUFF
Pablo says to rcookie(): MD said IMF documents.
chickadee says to rcookie(): IMF
templejc says(): YOU GUYS GOT A LINK
designbyg says to Pablo(): right now....i just have to sit....and breathe....
Pablo says to designbyg(): How is the gen coming?
rcookie says(): PABLO THE IMF DOCUMENTS...ARE THE LETTER OF INTENT (LOI)...MEMORANDUM OF ECONOMIC & FINANCIAL POLICIES (MEFP) & TECHNICAL MOU FOR 2016....’
THAT GAVE BEEN TALKED ABOUT IN HERE FOR MONTHS....THE FEBRUARY DATE IS NOT AN RV DATE...
IT IS ONE OF MANY REVIEW POINTS FOR IRAQ THAT HAVE BEEN ONGOING SINCE 2011...AND WILL CONTINUE TO END OF 2016....THAT IRAQ IS IN COMPLETE COMPLIANCW WITH AND WAY AHEAD OF IMF EXPECTATIONS...
templejc says(): Millionday: facilitate creation of a favorable business climate. As a first step, the government will, by end-February 2016, amend the Investment Law, or issue clarifying
implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction, as recommended by a recent technical assistance mission of the IMF.
designbyg says to Pablo(): its all installed....ready to do a full test....
Pablo says to designbyg(): Oh good.
chickadee says to rcookie(): someone asked MD that and she said it was 2 different things
templejc says(): GIVES RISE TO AN EXCHANGE RESTRICTION
designbyg says to rcookie(): am i correct in thinking that date is more of a intended date to be ready for art8 entry?
templejc says(): HOPE THAT MEAN WHAT I WANT IT TO MEAN
subgirl says to designbyg(): $$$$$$$$$$$$$$$$$$$$$$$$$$
Pablo says to designbyg(): Probably the best way of looking at it.
rcookie says to templejc(): RIGHT...AND THE DAY DAY THE AMENDED INVESTMENT LAW WAS POSTED IN GAZETTE...
WE TALKED ABOUT IRAQ EXECUTING YET ANOTHER GOAL MORE THAN A MONTH AHEAD OF SCHEDULE...
JUST AS THEY HAVE DONE WITH THE MAJORITY OF THE MANDATES THEY AVE BEEN TASKED FOR...
templejc says to rcookie(): SO WHAT IS YOUR TAKE - JUST A STEP OR THE FINAL STEP?
templejc says to rcookie(): AS IN FINAL STEP - WITH A CHANGE IN THE EXCHANGE RATE?
clay says to templejc(): MD thought so
templejc says to clay(): WELL THAT IS GREAT NEWS THEN
clay says to templejc(): yes
clay says to templejc(): she said it was the 1st time they actually gave us a date
clay says to templejc(): by the end of Feb
templejc says to clay(): MY ADVICE - ONLY SHOP ON LINE AND LOOK AT PICTURES
rcookie says to templejc(): PLEASE ALL....IF YOU HAVE ANY LEVEL OF INVESTMENT HERE...TAKE THE TIME TO READ THE TEXT OF 2016 BUDGET...THE 2016 IMF LOI/MEFP/TECHNICAL MOU...
AND THEN COMPARE TO 2011 OF THE SAME TO SEE HOW FAR IRAQ HAS COME...WHERE THEY ARE NOW AND WHAT THEY ARE ON SCHEDULE TO DO THROUGH 2016 WHEN THEIR PROGRAM ENDS....
clay says to templejc(): lol
subgirl says to rcookie(): thank you :)
templejc says to rcookie(): THANKS FOR THAT ADVICE
templejc says to clay(): BUT WE CAN STILL LOOK AT PICTURES CLAY!
clay says to templejc(): ok
clay says to templejc(): :)
templejc says to clay(): AND I WILL STILL BUY YOU VIRTUAL COFFEE FROM STARBUCKS!
clay says to templejc(): sounds like a plan thanks
rcookie says(): DOES ANYONE HERE REMEMBER THE TALK PRIOR TO THE OFFICIAL ANNOUNCEMENT OF 2010 CUSTOMS TARIFF BEING ACTIVATED AS OF 1-16....AND THE FACT THAT IT IS NOT AN OPTION IN THE 2016 BUDGET...IT IS MANDATED...
rcookie says(): HELLO..
templejc says to rcookie(): LISTENING
rcookie says(): AGAIN THAT IS NOT AN OPINION OR CONJECTURE...THAT IS IN INK FROM THE 2016 IMF LOI....THAT MANDATE IRAQ TO GENERATE 8,8 TRILLION IN NON OILO REVENUES..
OF WHICH ONY 1 TRILLION CAN COME FROM WAGE TAX INCREASES...AND HERE IT IS RIGHT FROM PAGE 7.
subgirl says to rcookie(): that is in ink!!!
subgirl says to rcookie(): IN INK from the IMF!!!
templejc says to rcookie(): I AM TRYING TO UNDERSTAND WHAT YOU ARE SAYING VS WHAT MD SAID.
IS THEIR A CONFLICT WITH THE NEWS YOU BRING AND THE NEWS THE MD STATED AS A TIME LINE? PERHAPS THE ISSUE IS - A DATE - IS THAT CORRECT RCOOKIE?
rcookie says(): THIS IS THE ONE THAT MR WHITE & I HAVE BEEN TALKING ABOUT FOR MONTHS...
AND THE JANUARY 13TH INVESTMENT CONFERENCE FOR POWER DISTRIBUTION CONTRACTS AND LICENSES....THIS WAS A HUGE PROBLEM WITH OUTAGES AND POOR SERVICE IN 2015...
AND A BIG REASON THEY COLLECTED LESS THAN 30% OF THE ELECTRICITY TAXES & DUES THEY COULD HAVE....AGAIN A HUGE NON-OIL REVENUE STREAM LOST.....
rcookie says(): HOLLY...ALSO POSTED THAT REPORT ABOUT THE PRIVATE BANKS PAYING FINES ASSESSED THEM FOR MISCONDUCT AND VIOLATIONS...
AND IN SOME CASES CLOSURES OR SUSPENSIONS...(28 BANKS) UNCOVERED BY BSA BANK SECRECY ACT...DEALING WITH FinCEN LAWS....
rcookie says(): BSA E-Filing is less expensive, faster, more accurate, and more secure than other filing methods. The BSA E-Filing System supports electronic filing of Bank Secrecy Act (BSA) forms (either individually or in batches) through a FinCEN secure network. Review the following information before beginning the enrollment process.
rcookie says(): AND THAT IS THE MUCH PUBLICIZED BOND PROGRAM ...AVAILABLE TO THE CITIZENS FOR 1ST TIME SINCE 2003...ALLOWING THEM TO INVEST IN BONDS...
GIVING THEM SKIN IN THE GAME TO THEIR PROVINCIAL INFRASTRUCTURE PROJECTS....
5 TRILLION DINARS...3 YEAR BONDS 10% INTEREST...AND CITIZENS CAN ELECT FOR CONTRIBUTIONS AND PURCHASE OF THESE BONDS ELECTRONICALLY FROM THEIR DIRECT DEPOSIT SALARIES LOADED ON THEIR CARDS....WOW!!
rcookie says(): AND I THE 2016 BUDGET...IN WRITING AS PART OF NON OIL REVENUE STREAM...
rcookie says(): THEY ARE DOING EVERYTHING HUMANLY POSSIBLE TO GET CITIZENS ENGAGED IN BANKING ACTIVITY...
AND THE UNDERLYING NARRATIVE IS TO ABSORB THE CHUNKY..LUMPY MATTRESS MONEY.....AND ADDRESS LIQUIDITY CRISIS...
rcookie says to Holly1(): NO DOUBT...IRAQ HAS TO CHANGE AND IMPROVE THEIR GLOBAL IMAGE & PERCEPTION ON ALL FRONTS...CORRUPTION...EASE OF DOING BUSINESS...ECONOMIC FREEDOMS ETC....
CoolChic says(): One reason they may be having a difficult time getting people to the bank is that for the devout muslims it is religiously forbidden, with very few exceptions, to pay or receive interest. Theses people would probably only deal with the islamic banks, if any at all.
rcookie says to CoolChic(): CORRUPTION
rcookie says to CoolChic): IRAQIS ARE THE BIGGEST INVESTORS IN REAL ESTATE IN TURKEY & JORDAN...BUT HAVE OBVIOUS MISTRUST OF THEIR OWN FINANCIAL & INVESTMENT SYSTEMS....
templejc says(9:06 AM): GOOD MORNING - WHAT DOES IT MEAN THAT IRAQ OCCUPIES THE LAST RANK IN THE ENCONOMIC FREEDOM INDEX 2016?
rcookie says to CoolChic(): WHICH BY THE WAY MANY OF ISLAMIC BANKS AMONG THE MAJOR CORRUPT..
CoolChic says to rcookie(): Not just there own systems. Seems to be a general mistrust.
templejc says(): GOOD MORNING - WHAT DOES IT MEAN THAT IRAQ OCCUPIES THE LAST RANK IN THE ENCONOMIC FREEDOM INDEX 2016?
Pablo says to templejc(): Chrck out MD's news last night.
Pablo says to templejc(): It is in ink.
templejc says to Pablo(): REALLY!
templejc says to Pablo): AMAZING NEWS
clay says to templejc(): they gave us a date
templejc says to Pablo(): DO YOU GUYS HAVE A LINK?
templejc says to Pablo(): THAT IS AMAZING NEWS
rcookie says to Pablo(): THAT NEWS HAS BEEN OUT OR MONTHS...
templejc says to rcookie(): I AM USUALLY BEHIND ON MOST THINGS
rcookie says to Pablo(): ]WHERE ARE DATES COMING FROM....
templejc says to rcookie(): I HEARD YOU TALK ABOUT 1ST HALF OF 2016 - BUT NOTHING LIKE BY MID MONTH STUFF
Pablo says to rcookie(): MD said IMF documents.
chickadee says to rcookie(): IMF
templejc says(): YOU GUYS GOT A LINK
designbyg says to Pablo(): right now....i just have to sit....and breathe....
Pablo says to designbyg(): How is the gen coming?
rcookie says(): PABLO THE IMF DOCUMENTS...ARE THE LETTER OF INTENT (LOI)...MEMORANDUM OF ECONOMIC & FINANCIAL POLICIES (MEFP) & TECHNICAL MOU FOR 2016....’
THAT GAVE BEEN TALKED ABOUT IN HERE FOR MONTHS....THE FEBRUARY DATE IS NOT AN RV DATE...
IT IS ONE OF MANY REVIEW POINTS FOR IRAQ THAT HAVE BEEN ONGOING SINCE 2011...AND WILL CONTINUE TO END OF 2016....THAT IRAQ IS IN COMPLETE COMPLIANCW WITH AND WAY AHEAD OF IMF EXPECTATIONS...
templejc says(): Millionday: facilitate creation of a favorable business climate. As a first step, the government will, by end-February 2016, amend the Investment Law, or issue clarifying
implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction, as recommended by a recent technical assistance mission of the IMF.
designbyg says to Pablo(): its all installed....ready to do a full test....
Pablo says to designbyg(): Oh good.
chickadee says to rcookie(): someone asked MD that and she said it was 2 different things
templejc says(): GIVES RISE TO AN EXCHANGE RESTRICTION
designbyg says to rcookie(): am i correct in thinking that date is more of a intended date to be ready for art8 entry?
templejc says(): HOPE THAT MEAN WHAT I WANT IT TO MEAN
subgirl says to designbyg(): $$$$$$$$$$$$$$$$$$$$$$$$$$
Pablo says to designbyg(): Probably the best way of looking at it.
rcookie says to templejc(): RIGHT...AND THE DAY DAY THE AMENDED INVESTMENT LAW WAS POSTED IN GAZETTE...
WE TALKED ABOUT IRAQ EXECUTING YET ANOTHER GOAL MORE THAN A MONTH AHEAD OF SCHEDULE...
JUST AS THEY HAVE DONE WITH THE MAJORITY OF THE MANDATES THEY AVE BEEN TASKED FOR...
templejc says to rcookie(): SO WHAT IS YOUR TAKE - JUST A STEP OR THE FINAL STEP?
templejc says to rcookie(): AS IN FINAL STEP - WITH A CHANGE IN THE EXCHANGE RATE?
clay says to templejc(): MD thought so
templejc says to clay(): WELL THAT IS GREAT NEWS THEN
clay says to templejc(): yes
clay says to templejc(): she said it was the 1st time they actually gave us a date
clay says to templejc(): by the end of Feb
templejc says to clay(): MY ADVICE - ONLY SHOP ON LINE AND LOOK AT PICTURES
rcookie says to templejc(): PLEASE ALL....IF YOU HAVE ANY LEVEL OF INVESTMENT HERE...TAKE THE TIME TO READ THE TEXT OF 2016 BUDGET...THE 2016 IMF LOI/MEFP/TECHNICAL MOU...
AND THEN COMPARE TO 2011 OF THE SAME TO SEE HOW FAR IRAQ HAS COME...WHERE THEY ARE NOW AND WHAT THEY ARE ON SCHEDULE TO DO THROUGH 2016 WHEN THEIR PROGRAM ENDS....
clay says to templejc(): lol
subgirl says to rcookie(): thank you :)
templejc says to rcookie(): THANKS FOR THAT ADVICE
templejc says to clay(): BUT WE CAN STILL LOOK AT PICTURES CLAY!
clay says to templejc(): ok
clay says to templejc(): :)
templejc says to clay(): AND I WILL STILL BUY YOU VIRTUAL COFFEE FROM STARBUCKS!
clay says to templejc(): sounds like a plan thanks
rcookie says(): DOES ANYONE HERE REMEMBER THE TALK PRIOR TO THE OFFICIAL ANNOUNCEMENT OF 2010 CUSTOMS TARIFF BEING ACTIVATED AS OF 1-16....AND THE FACT THAT IT IS NOT AN OPTION IN THE 2016 BUDGET...IT IS MANDATED...
rcookie says(): HELLO..
templejc says to rcookie(): LISTENING
rcookie says(): AGAIN THAT IS NOT AN OPINION OR CONJECTURE...THAT IS IN INK FROM THE 2016 IMF LOI....THAT MANDATE IRAQ TO GENERATE 8,8 TRILLION IN NON OILO REVENUES..
OF WHICH ONY 1 TRILLION CAN COME FROM WAGE TAX INCREASES...AND HERE IT IS RIGHT FROM PAGE 7.
subgirl says to rcookie(): that is in ink!!!
subgirl says to rcookie(): IN INK from the IMF!!!
templejc says to rcookie(): I AM TRYING TO UNDERSTAND WHAT YOU ARE SAYING VS WHAT MD SAID.
IS THEIR A CONFLICT WITH THE NEWS YOU BRING AND THE NEWS THE MD STATED AS A TIME LINE? PERHAPS THE ISSUE IS - A DATE - IS THAT CORRECT RCOOKIE?
rcookie says(): THIS IS THE ONE THAT MR WHITE & I HAVE BEEN TALKING ABOUT FOR MONTHS...
rcookie says to templejc(): THE TEXT IS FROM IMF LOI...THE DATES ARE NOT FOR RV...BUT RATHER...ARE PART OF THEIR REVIEW DATE TIMETABLES OUTLINED IN TABLE 2...
THAT THEY HAVE BEEN SUBJECT TO ALL ALONG...AND WILL CONTINUE TO UNTIL PROGRAM ENDS IN 2016...THEIR ARE INITIATIVES THAT HAVE A REVIEW DEADLINE OF FEB 2016...APRIL 2016...
JUST AS THERE WERE IN SEPT 2015...DEC 2015...THEY ARE NOT ONLY ON TARGET...BUT EARLY ON MOST OF THEIR MANDATES....ON THE HONOR ROLL
rcookie says to templejc(): the government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions.
Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an
rcookie says to templejc(9:58 AM): exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate.
As a first step, the government will, by end-February 2016, amend the Investment Law, or issue clarifying implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction, as recommended by a recent technical assistance mission of the IMF.
templejc says to rcookie(): IT DOES SAY - GIVE RISE TO AN EXCHANGE RESTRICTION
templejc says to rcookie(): BY END OF FEB
templejc says to rcookie(): NOT TRYING TO READ INTO THAT STATEMENT - THAT THAT IS VERY TELLING TO ME
rcookie says to templejc(): THIS IS UNDER C. FOREIGN EXCHANGE POLICY...#19 PAGE 5 & 6...
templejc says to rcookie(): OK
rcookie says to templejc(): NO..NOT GIVE RISE...THE CONTRARY..."GRADUALLY REMOVE REMAINING EXCHANGE RESTRICTIONS AND MCP (MULTIPLE CURRENCY PRACTICE...
MOVING THEM TOWARD ACCEPTANCE OF OBLIGATIONS UNDER ARTICLE VIII.....
Comments may be made at the end of Part 3 Thank You Part 2
THAT THEY HAVE BEEN SUBJECT TO ALL ALONG...AND WILL CONTINUE TO UNTIL PROGRAM ENDS IN 2016...THEIR ARE INITIATIVES THAT HAVE A REVIEW DEADLINE OF FEB 2016...APRIL 2016...
JUST AS THERE WERE IN SEPT 2015...DEC 2015...THEY ARE NOT ONLY ON TARGET...BUT EARLY ON MOST OF THEIR MANDATES....ON THE HONOR ROLL
rcookie says to templejc(): the government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions.
Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an
rcookie says to templejc(9:58 AM): exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate.
As a first step, the government will, by end-February 2016, amend the Investment Law, or issue clarifying implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction, as recommended by a recent technical assistance mission of the IMF.
templejc says to rcookie(): IT DOES SAY - GIVE RISE TO AN EXCHANGE RESTRICTION
templejc says to rcookie(): BY END OF FEB
templejc says to rcookie(): NOT TRYING TO READ INTO THAT STATEMENT - THAT THAT IS VERY TELLING TO ME
rcookie says to templejc(): THIS IS UNDER C. FOREIGN EXCHANGE POLICY...#19 PAGE 5 & 6...
templejc says to rcookie(): OK
rcookie says to templejc(): NO..NOT GIVE RISE...THE CONTRARY..."GRADUALLY REMOVE REMAINING EXCHANGE RESTRICTIONS AND MCP (MULTIPLE CURRENCY PRACTICE...
MOVING THEM TOWARD ACCEPTANCE OF OBLIGATIONS UNDER ARTICLE VIII.....
Comments may be made at the end of Part 3 Thank You Part 2
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