Mnt Goat [Post 1 of 2] In the study of the recent Iraqi census taking…you can clearly see the recent census was a national census taken with the help of the United Nations (UN). The UN every so many decades takes a global census to determine the world’s population and demographics. Iraq is also going to use this census as part of the Article 140 distribution of the Kurdistan monthly payments of oil revenues to the region from the GOI. It will also help resolve part of the Oil and Gas law…Note, I did not say excess oil revenues or oil wealth distribution…This census taking has VERY LITTLE to do with the HCL individual Oil revenue sharing/distribution…
Mnt Goat [Post 2 of 2] So, now since the census is taken, the GOI can legally compensate and prove why they are compensating the amounts to the Kurds. This is really WOW! news for us today…you can see how this census results would also be useful in rebuilding the Iraqi economy besides Article 140 and HCl disputes. It was way overdue. This is yet another sign to us investors that Iraq is now serious about moving ahead.
