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Kaperoni - there is no intent to revalue. It is not physically possible.
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Kaperoni - there is no intent to revalue. It is not physically possible.
Kaperoni
Article quote: "If you look at public spending, a significant proportion of it are in foreign currency, which means that the currency was floated or re-pricing will not contribute significantly to the financing of the budget deficit.."
This statement IMO is very important...there is no intent to revalue. It is not physically possible. I think that he is saying that until the dinar is worth more than the dollar it would not reduce the budget.
That being said, only about 20% of the 2016 budget anyway is "investment" so it would not have much effect. The majority of the budget is "operational" meaning salaries, expenses etc.
and we all know a dinar is a dinar in Iraq.
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Kaperoni - there is no intent to revalue. It is not physically possible.
Just as I thought- This clown talks everything up in his own way,getting so-called info and intel from other cronies, and for years leading everyone on, and then tells the world nothing is gonna happen- He must get his info from all the 'dumpster babies' he listens to- What a d-bag-Another one needing a 'firing' squad-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
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