Jeff says -- Right now they still have to finish what's IMO the two items...the rate change is waiting on -
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Jeff says -- Right now they still have to finish what's IMO the two items...the rate change is waiting on -
Jeff
...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
06.30.2020
...the reason the rate hasn't changed is because the U.S. is requiring them to have stability. The stability for Iraq means them being able to work together and getting things done together. Since the beginning of last year they have not been able to form a government revealing to the world that they're not able to work together. Right now they still have to finish what's IMO the two items...the rate change is waiting on - would be these "special grades". The independent bodies is for the formation of the government. One of these as an example would be the Central Bank Governor. That's why his proxy term is only right now valid through July 15th. That's when he's out. The other item is the oil/budget numbers agreement between Kurdistan and Baghdad...both are now very close to being done within the next two weeks...
06.30.2020
Ponee- Admin
- Posts : 38256
Join date : 2011-08-09
Re: Jeff says -- Right now they still have to finish what's IMO the two items...the rate change is waiting on -
jeff only two thimgs? how about paying salaries only two weeks behind. then the budget was supposed to be finished by the end of june. then july first tarriffs to start none of these happened yet. the bottom line is iraq is great at saying things but not accomplishing things
Jayzze- VIP Member
- Posts : 5986
Join date : 2011-06-23

» Guru Jeff: "that's the last thing we're waiting on so they can change the rate anytime after they finish the borrowing law" 11/1/20
» Jeff says -- when they finish the budget on Saturday the 20th IMO, they're probably going to change the rate about 24 hours later.
» Guru Jeff: "They cannot start the approval process until the rate has changed...everything is waiting on the rate change" 10/15/20
» Jeff says everything is waiting on the rate change
» Guru Jeff: "they need the remainder of this entire year of 2019 to finish setting the stage for the rate change" 9/25/19
» Jeff says -- when they finish the budget on Saturday the 20th IMO, they're probably going to change the rate about 24 hours later.
» Guru Jeff: "They cannot start the approval process until the rate has changed...everything is waiting on the rate change" 10/15/20
» Jeff says everything is waiting on the rate change
» Guru Jeff: "they need the remainder of this entire year of 2019 to finish setting the stage for the rate change" 9/25/19
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