They’re telling us indirectly that they’re going to transition to a different fiscal year and start 2020 budget most likely around Q2, which for them would be a new fiscal year ranging from April 1st through March. Why would they transition to a different fiscal year? That’s a step they actually have to do when they change the rate…in order to achieve a rate greater than the dollar they have to un-peg the dinar from the dollar and re-peg it to an assortment basket identical to Kuwait. That’s why Kuwait on March 24th of ’91 changed their rate at the end of March for their budget fiscal year which starts April 1st. As you see Iraq is right now in the process of doing that right before your eyes.
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