Iraqi Budget For 2007 43 Billion USD
The Iraqi government is planning to spend 43 billion USD during the year 2007.
If this was calculated at today's dinar rate we would be talking roughly 43 TRILLION Dinars. They either have or are planning to go to a strictly dinar currency and 43 trillion dinar just doesn't exist for internal spending - and may not exist even worldwide!
Now if 43 Billion USD is actually 43 Billion dinar (at 1:1), then the budget makes perfect sense.
So, in my view, the currency change has already been factored in to the budget and we're just 'waiting for the other shoe to drop'.
Hopefully as soon as this Wednesday!