Frank & Delta Conference Call highlights 7-01
call #1-760-569-7699 pin 156996
Frank & Delta believe that the Tariff Law is in affect and there will be evidence from articles in the coming days
Iraq has 2 sets of books that they are using. One has the 1166 rate and the second set of books has another rate. Both of these rates are in the 2012 budget.
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Shabibi told Maliki to get the 2013 budget done which will include the new dinar rate to go international
There is an urgency for Maliki and the GOI to get the 2013 Budget done
Once the 2013 budget is complete, Shabibi can release the rate
The 2013 budget has to contain the new rate
Today on Iraqia TV, the ministry of Health came out with the new budget figures for 2013, which is 7 billion dinar. It is a fact that the 2012 budget is 7 trillion dinar!!
Iraq must increase the value of the Dinar so they can go international and gain full membership into the World Trade Organization
The finishing of the 2013 budget is the key
Iraq cannot do anything until they revalue
The Standby agreement with the International Monetary Fund is due to expire on July 23 and to this point in time has not been moved or postponed.
Frank & Delta believe the RV can happen anytime