7-3-2013 *Adam Montana

[Vixen]

7-3-2013 *Adam Montana ~[Now that chapter 7 is lifted when will they release their budget and do you think it is, and has been tied to the new rate? The loan they received from Japan may be at the end, could this also be an optimal time for revalue?] It could indeed be an optimal time to RV. In the past, Iraq has ALWAYS been late releasing their budget... in my opinion, they did that on purpose because they were hoping to see a complete release from Chapter 7. When it didn't happen, they were obviously forced to use a budget based on deflated values. Now that Chapter 7 IS done, we might actually see the opposite happen... a budget released with numbers based on a higher value.

7-3-2013 *Adam Montana ~[How important do you think the presence of lower denoms are a revaluation?] Extremely important. If they can't make appropriate change for the larger notes, they can't RV. Nobody knows exactly where or when those lower denoms are sitting or when they will be released. I was told over a year ago that they had them printed and sitting in secure locations ready for distributions, which is contrary to the "press releases" we've seen on the lower denoms.