Baghdad Trade Counts The Benefits Of The High Dollar On The Iraqi Economy !

[Theseus]

First, any delay with salaries will complicate the issue with Erbil. That is the goal here mainly by Iran supporters. Delaying the salaries with aggravate Erbil and they will call the recent deal off. The only solution is to remove the deal from the yearly budget, even the three--year budget, and make it its own separate agreed upon law that can be revisited after a certain period of time, say like every fifth year or so. Three is too soon and ten is too long. 

 

Second, they are finally getting around to the monetization of the minerals. That will help them as it is seen as non-oil sector producing income. Iraq has plenty of minerals it can monetize to supplement the oil income. 

 

Lastly, any large scale borrowing from the Federal Reserves will decrease the RV amount significantly.  They need to start buying gold again.