Article: “Reform committee announced 22% growth in tax revenues with revenues reaching 4 trillion dinars.” Why is that important? Remember Iraq’s valuation is based off of oil…That’s not true. There’s non-oil and there’s tax revenues [now]. That valuation at $3.22 for the dinar back a long time ago was based off only oil. Now they have non-oil. They have growth. There’s not even talking about gas. Iraq has a massive amount of revenue streams…Keep that in mind when it comes to the valuation – a real effective exchange rate. Because they’re going to be able to use real fundamentals…Take it seriously…This is for real…it’s going to be big money and it’s going to have a global impact.
