RayRat Update 2/9/19

by **Ssmith** Sun Feb 10, 2019 10:34 am

TNT

Saturday UPDATE for February 9, 2019

Posted by RayRen98

Iraqi TV broadcasted a member of the Finance Department requesting that all ministries of the government receive a copy of the revised budget and to get it ratified and ready for implementation starting on Monday.

Iraqi TV aired footage of US troops patrolling downtown Baghdad today

Iraqi TV is reporting that the budget will be printed in the gazette "in the next two days" and will be enforced immediately upon its printing.

US Banks are reporting an "expectation" of exchange activity possibly as early as Monday. Reported IQD screen rates are varying from $4.43 to $4.60...depending on the source.

Trying to confirm a possible rumor of exchange activity across the Pond........standby for that one, it could take a while.

Iraqi News: The federal budget is ready for implementation by the ministries and the governorates, although not yet published in the Official Gazette. The ratification by the Presidency of the Republic on the budget makes it considered an effective and enforceable law. This gives the ministries and the provincial governments the right to legally use the budget to implement their plans.