August 2nd 10am

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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Late Tuesday PM 8-01-17
chattels: The Iraqi federal budget is estimated at more than 68 billion U.S dollars (79 trillion Iraqi dinars) with the total budget deficit of 21 billion U.S dollars. Point to be noted that the oil price was selected at 42 U.S dollars per barrel.
chattels: The original 2017 budget was approved in December, worth 78 trillion dinars, with a projected deficit worth 30 trillion dinars. The parliament approved the revised version last Monday with a seven trillion dinar increase, with a projected deficit of 25 trillion dinars.
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Bruce:  Welcome all to the Big Call tonight. Thank you all for listening in and being faithful and staying with us for the last 6 years. It is important to say even though I am getting good information, it is not necessary mean we are going right this minute.  It means we are very close and I can’t give you all the detail information. Most of it that I talk about is that you get the jest of what I am saying. That is where we are. We have people we know in the currency community have gone dark. Some people have done that and some continue to have calls. I am one of them. We offer more than Intel and I want to help you to step into your life.                                                                                                                                                                                                      
Bruce: We tend to start with Iraq. What we are hearing from Iraq’s point of view is they were going to have the IMF meeting in Iraq today, and it was going to be in the new IMF office in Baghdad. They had that meeting today at 9:30 am Baghdad time. They went until approximately noon or so.  Then they had a slight break, and then had the press conference followed in the time frame of 12:15pm to 1:15pm in the afternoon.  That was roughly the timeline for it today. Everything went pretty much according to plan. I have not heard the details of it specifically. I probably will get some details later tonight. ​
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