MilitiaMan says that -- No way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss. Gear up it is getting real!.
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MilitiaMan says that -- No way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss. Gear up it is getting real!.
MilitiaMan
Article quote: "Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible." ...talk about the postponement of the Federal Budget Law for 2021 is about the resolving of the exchange rate until a final agreement in that regard. Then look a bit further they have it ready and it is inevitable. So to have it resolved means they have already decided the exchange rate. They have agreed to...21-50% deductions in pay... All projects are stalled until the exposure of the rate...imo... This data supports we are all in a good place... There is no way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss. Gear up it is getting real!...imo...
Article quote: "Passing the budget bill with the postponement of the vote on the Kurdistan quota and the exchange rate due to deep disagreements about them is impossible." ...talk about the postponement of the Federal Budget Law for 2021 is about the resolving of the exchange rate until a final agreement in that regard. Then look a bit further they have it ready and it is inevitable. So to have it resolved means they have already decided the exchange rate. They have agreed to...21-50% deductions in pay... All projects are stalled until the exposure of the rate...imo... This data supports we are all in a good place... There is no way the Kurds would agree to deductions in salaries without an exchange rate to support it and that off sets the loss. Gear up it is getting real!...imo...
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» MilitiaMan says - Iraq will have a sovereign wealth fund that will be massive in the future. They’ll be able to support their exchange rate easily
» MilitiaMan: "They will require the new exchange rate that will support the reconstruction effort" (Oh? Didn't The Devaluation Do Enough To Attract Foreign Investors? LOL) 12/12/21
» Militiaman: "The need for them will diminish with a new international exchange rate applied" (What New Exchange Rate? The CBI Isn't Talking About One! LOL) 10/24/21
» MilitiaMan: "If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close" 1/27/20
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