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“It will be this Month” – Sat. PM TNT Thoughts 12-3-22

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TNT

Skinman:
Does anyone know the tentative schedule for voting on the budget or announcing the completion of the government?

Speedy:
Vote on the budget Tuesday.

KMan:
So now the Iraq government is fully seated. Now all we need is a budget completed, hopefully this month, and then away we go, as Jackies Gleason used to say…lol

Yada:
KMAN it will be this month. It will be this week coming because their parliament session ends. Waiting till the last minute. But, as tony stated yesterday, now that the government is formed, the CBI can release the rate now.

Skinman:
Is it voted on Tuesday or are they just reading it through because I know that has to happen a few times before they can vote

Yada:
My understanding is they will read it and open for discussion but they’ve negotiated enough to make it spread without putting holes in the bread.

Skinman:
Wow, so they announce the seated government may be the same time they announce the budget or voted in? Then there would be nothing in the way of this happening I think?

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Yada:
Agreed skinman. I know it hadn’t been discussed much but I the EFSL is still law and could release the rate but we are at the end and all the info pieces are fitting together, we they are keeping the view close to their chest.

Source: Dinar Recaps

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