Mnt Goat
...we are still seeing lots of news from Iraq on educating the citizens in many areas. One biggie is the census... This level of census has NEVER been conducted since the 2003 invasion. Lots has changed since.
This census is also part of the Article 140 and the process of determining the shares of the excess oil revenue streams to be divided up to the citizens as part of the Hydrogen Carbon Law (HCL) this is also better know as the Oil and Gas Law.
Yes, the GOI does plan to administer oil profit shares to the citizens much like they do in the Saudi and Kuwait.
However...you can see that they first must rebuild their economy and infrastructure. Today there is not much remaining of oil revenues after they pay all their bills.
The surplus will come once they diversify their economy and these other sources of revenue come pouring in, as we are seeing now to begin...I would not gamble on this HCL triggering the RV, as many...seem to think will happen when they finally pass the Oil and Gas Law.
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