RayRat Update 4/3/18

by **Ssmith** Wed Apr 04, 2018 9:30 am

TNT

Tuesday UPDATE for April 3, 2018

Posted by RayRen98

Early AM Hours:

The Federal Budget Law of the Republic of Iraq for the fiscal year 2018 can be reviewed at the Iraqi Fact Department located in the Ministry of Justice Building. However, it is not yet available for public viewing outside of Iraq.

Some are claiming that the Budget is effective immediately with all of the Article 2 requirements.

Iraqi TV is reporting that the project to delete the 3 zeros will be implemented after the elections in May. (Hmmmmm?)

On Iraqi TV, the CBI and Finance Dept were reportedly the economic reform process had to be interrupted due to security and stability concerns indicating that after the elections, total stability will be achieved.

Afternoon Hours:

Economists are discussing with CBI officials, stating that it is not a suitable time right now to delete the three zeros, but it will be after the elections. (In spite of some "card" rate changes today? Hmmmmm?)

The Ministry of Foreign Affairs announced that the new issue of the Iraqi Gazette No. 4485 has been issued, which includes the general budget law of Iraq for 2018. (Now, it is fully public for review.)

"Supposedly" the 6 banks that met with Abadi were informed of an RV after the elections. (Don't believe "everything" you read when it comes to public news)

Amidst all of today's "intended" confusion, some good news is anticipated on Wednesday!