MilitiaMan

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Articles: “The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget”; The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil” It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non-oil revenues to the treasury.  Sure looks like…a digital requirement… A level playing field. They sure seem to suggest that they will have this sorted this next week or between now and then anyway. We shall see.