7-29-2012 Freebird: What a great news day!! Not only is the GOI looking to pass the HCL, they are also going to appoint the Defense and Interior Ministers. I think it's pretty clear they work during Ramadan. These next couple of weeks could be very interesting for the GOI.
Once we have political stability with permanent Ministers, announcement of the Strategic Council and Erbil/HCL implemented then the CBI will move forward with phase 3 of their currency reform project. Look for the GOI to get their house in order between now and September while the CBI, Finance Committee and Council of Ministers work in tandem to accomplish the remaining preparatory steps necessary for September printing and January issuance of the new currency.