threat to reset the budget

Iraq threatens to "reset" the budget to the Government after an argument between State law and the Kurds


21/02/2013-3: 41 pm

Parliamentary
sources revealed Thursday that an argument between the State of law
coalition and the Kurdish Alliance because benefits oil companies
operating in Kurdistan, during the meeting of Heads of parliamentary
blocs to agree on a budget for fiscal year 2013, adding that House
speaker Osama Al-nujaifi threatened to "reset" the budget law in the
absence of agreement the Finance Committee within two days.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.burathanews.com%2Fnews_article_185256.html

so then what will happen if he resets the budget??

Nothing...just be more delays to the provinces getting the money they need for their loca projects...only the Iraqi people will suffer. The Iraqi budget has NOTHING to do with the RV whatsoever, in any way shape or form, contrary to what all the gurus preach every year at budget time. If Iraq was to Rv the dinar, they would simple adjust the amounts disbursed to the government and provinces to reflect the new rate. Thanks for al the posts lately LION, appreciate it!

thanks lion. but don't we need the rv first anyway.