Jeff
They haven't implement their budget yet because they're waiting for the rate to change. Everything in Iraq...the budget, the laws, the overturning the budget, everything out there is being stalled and delayed to be timed with the rate change.
Article: "Four counties meet in Baghdad to support the development road project"
...You have to look at their timing. They finished the 5-year development plan around the end of July walking into the beginning of August.
Why? Timing. They're about to revalue. Their actions strongly suggest to me personally IMO I really feel they're going to be revaluing in August.
