Kaperoni – Dinar Guru [Question: Does the IMF have to invite Iraq into Article VIII or has the invitation been out there since the IMF has been working with Iraq?] …They are not necessarily “invited” but they are in Article XIV…a developmental put your procedures in place and prove your abilities to manage money and to manage monetary policy. It’s at a lesser level than Article VIII…There’s no specific time frame but…they’re supposed to be ‘constantly striving to move into Article VIII‘. And they’re not going to get the benefits of Article VIII until they do. If they remain in Article XIV the banking system remains closed because it’s a risky venture to engage with their banking system. [Post 1 of 2]