In Jeff

Why is Iraq in the process of approving a 3-year budget? Why 3?  Why not just the ’21 budget? It’s because of the reforms. They told you the reforms can only be implemented in stages and phases. So they can only implement the reforms over an extended period of time. They’re showing you they’re starting the reforms in this year of 2020 – in the second half of the year…they’re going to span the reforms over almost a 4-year period…from 2020 through ’23.