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Jeff says ...budgets will never contain a rate.
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Jeff says ...budgets will never contain a rate.
Jeff
Article: "Next Year's budget...sent to the House of Representatives within days and its deficit up to 40 trillion dinar" ...budgets will never contain a rate. The budgets are calculated against the value of a currency but they don't contain a rate. With Iraq their budgets are always calculated with trillions of dinars at today's value. Once the rate changes the budget has an internal rider built in and the budget will automatically convert and be calculated from trillions of dinar to billions of dinar. Again, they do not contain a rate...
12.03.2019
Article: "Next Year's budget...sent to the House of Representatives within days and its deficit up to 40 trillion dinar" ...budgets will never contain a rate. The budgets are calculated against the value of a currency but they don't contain a rate. With Iraq their budgets are always calculated with trillions of dinars at today's value. Once the rate changes the budget has an internal rider built in and the budget will automatically convert and be calculated from trillions of dinar to billions of dinar. Again, they do not contain a rate...
12.03.2019
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