10-1-2014 *Frank26

[Vixen]

10-1-2014 *Frank26 ~The GOI is going on vacation on Saturday, Oct 4 and will return on Thursday, Oct 9 now...when the GOI returns, IMO, they will proceed with the MR [Monetary Reform]. Abadi is working on reform of 27 laws, and these must be finished before we can see an IR [International Rate]; he has until the end of 2014 to accomplish this, but we will see when the GOI returns on Oct 9 how long he takes; some of these pertain to the Erbil agreement. The budget is being audited now, and this is why we saw Barzani run to Baghdad; is the HCL being added to the budget? The disputes between the Kurds and Baghdad are settled IMO because he believes the Kurds have seen the budget and know it is very good for them. Headlines sound like a plan to vote on the budget after the GOI returns, however, articles also state that with or without the budget, the MR (Monetary Reform) will move forward. Article that the Kurds will be paid with the advancement of the budget; all of things are good for our investment. Article states that Abadi is waiting for financials to come to him, and also states that salaries will be paid before Eid; according to the COM, the payments to the Kurds is coming out of the 2014 budget, and the 2014 budget can only deal in IQD, they cannot use USD or other currency. Can the 2014 budget still contain a program rate of 1166? If it does, how could they be paying salaries? The MR is white hot, and the holiday break is a way to cool it down to accomplish what needs to be finished.