Iraqi budget passed and posted in Gazette
Feb 23, 2012
The date of the passage is February 23.
This news could be quite significant. They are working hard to prepare for the Arab Summit scheduled for March 27-29.
Many believe that they would not know how much to budget unless they had some idea as to what the new value of the dinar will be. If that is correct, then it seems reasonable that the revaluation could occur soon, before the figures leak to the public.
Dr. Stephen Jones