Questions for Adam Montana 5 September 2018

[TexasGranny]

Please post your questions below for Adam's Wednesday update.


Please do NOT respond to the questions posted!             


Responses that are not on topic will be removed!            

[WolfRanch]

Adam, can you break down the last few days of what is really happening in the Iraq Paraliment in laymen’s terms please.  Yoga is doing a great service for us by posting all the news but it’s so back and forth that I’m very confused.  One specific item I’m interested in is what is happening to Abadi, one post shows he’s outgoing and another shows he’s heading up some organization that I’ve never hear of. Thanx a million.  The Wolf

[WolfRanch]

Sorry, bad fingers, meant to say Yota.

[lmb4321]

September date is about a 3% chance of happening. In November of 2017, the discussion on the third review was done from the 17th to the 21st, 2017 and the report at the time discussed the 2018 budget. This third review is crucial because the machinations of having everything setup to RV must be completed by August 2018, when IMF should begin reviewing Iraq for the third time. Now the seating of the new government could delay the completion of the third review by two months or so but it will be in the Summer of 2019 that is the best chance for an RV. A final review might also be needed but nothing has been said about this. Why? The IMF, if finding the the final review of Iraq as acceptable, will then give the green light. I know almost everyone is saying only the CBI can pull the trigger and they are right but the CBI is waiting for the IMF to give a green light (permission) to do so. I believe should the IMF find Iraq progressing, meaning all the objectives of the second review have been worked on in an exceedingly progressive manner, then and only then will the IMF give the green light for Iraq to pull the trigger. In 2012, there was conjecture that the RV happened. What brought about the RV at the time was a 2009 SBA. IMF is assigning Iraq homework. Iraq is doing the homework and being graded on it. If Iraq passes then they will be certified to RV just like they were in 2012. Once the 2016 SBA is completed, have everything in place agreeable to the IMF, then and only then will the window be open to RV. One other thing, I do not think it will happen as soon as the SBA is deemed complete. It might take a few months but the window opens up around July 19, 2019, the completion date of the SBA of 2016. ........

 

Hey Adam......Just a follow up to this.....So you believe the Monetary Reform (RV) can happen..... before the end of the

3 year.. SBA agreement with the IMF in 2016?....It seems to be a nice connection as far as time wise..

..JMHO....

Again I hope I'm wrong.....Thanks again