Adam Montana gives the best case scenario and the worst case scenario

by **Ponee** Thu Jan 29, 2015 10:10 am

Adam Montana

[Do you believe that when the Budget is passed, the RV will follow? and Once the HCA becomes HCL, will the RV follow?]

Once we have the HCL and the Budget, I do indeed think we are moments from that announcement.

note ...they have decided to adjust the budget to work with oil at $55 instead of $60. I mentioned last week I didn't like the $60 mark, so I like this move. It's more realistic, and will take stress off the CBI when they raise the exchange rate. And as the final kicker...it appears that they already have a revised budget ready to go. So, what's the bottom line? our best case scenario is whatever Thursday they meet (tomorrow or next) they pass the HCL and possibly slam the revised budget into place in the same meeting. CBI jacks up the rate and pandemonium ensues! Worst case scenario is we continue to wait.

    Article quote: "Parliamentary Finance Committee member Jabbar Abdul Khaliq al-Abadi, on Tuesday, that the financial budget was not completed until now for several impediments most important oil agreement with the Kurdistan Region..."He Abadi, MP for the coalition of state law, that the oil-exporting quantities of the Kurdistan Region is identical to agreed with the Iraqi government, which may cause the implications of a negative for the completion of the financial budget for 2015. also noted that the budget Finance did not include provisions for the National Guard to the failure to approve the composition of the very moment. According to al-Abadi, it is hoped to show the budget in 2015 to a vote during the session next Thursday." Ah-ha! So it looks like I was wrong... perhaps we'll see the HCL before the budget.